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Plan your retirement: How much do you need?

December 2024

Retirement planning can seem confusing, but it doesn’t have to be! On this episode of Finance Friday, Mark Perkins answers your questions about retirement savings, RRSPs, RRIFs, and more!

Together, we’ll explore:

How much money you need to live the retirement you want
The 4% rule and how it can help you reach your goals
Understanding the withdrawal rules for RRSPs and RRIFs
Tax implications of your retirement income

Explore more resources

Strong financial literacy is key to making informed decisions about money.

This content is provided for informational and educational purposes only, is subject to change without notice, and should not be considered financial, tax, legal, investment, or any other form of professional advice. Nothing presented constitutes a recommendation, solicitation, endorsement, or offer by FirstOntario Credit Union. You assume all risks associated with the use of this content, including, without limitation, any reliance on its accuracy, completeness, or usefulness. Links to third-party websites may be included for convenience; FirstOntario Credit Union does not endorse and is not responsible for the content of these external sites.