Two people walk on a sandy beach with a bicycle.

Redefining Retirement: Separating Fact from Fiction

Retirement is on the minds of many as they look to financially plan their future. But how much money is really needed to retire?

This session will walk through research and current Canadian perceptions on retirement, considerations, and misconceptions around financially preparing for retirement, and finally get to the answer everyone’s looking for: What’s the magic number; how much money does the average Canadian really need to retire?

You will learn about:

Why Canadian perceptions on retirement are important, and why recent media coverage on this topic is often subjective and may have altered motives
The factors that go into determining how much the average Canadian needs to retire, and how those factors have implications and impact on the final dollar amount required to do so
Three different average Canadian households, their various factors and individualized circumstances, and how these contribute to getting to the bottom-line number of how much is actually required to retire
Common myths and how to dispel misconceptions in the retirement saving and income landscapes