How much do you really need to retire?

by Julia Chung | Sep 13, 2023

Originally Posted on Yahoo! Finance

Featuring Julia Chung
September 13, 2023

How much do you really need to retire in Canada? No one pins Julia to a numerical answer, and Yahoo Finance is no different. There are many questions people should consider. When do they plan to retire, and what sources of income will they have in retirement? Do they have a defined-benefit pension plan, or will they be relying on the Canada Pension Plan (CPP)? What are their expenses? And, most importantly, what sort of life do they hope to lead in retirement?

“The answers to those questions will help determine your approach”
– Julia Chung

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Julia Chung

Co-Founder, Sr. Financial Planner at Spring Financial Planning

With twenty seven years' experience in the financial services industry, education in personal and corporate finance, business and family law, cross border planning, family dynamics, insurance, risk management, operations management, and strategy, Julia is a powerhouse financial planner committed to simplifying complex ideas into concrete, practical application.

How much do you really need to retire?

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