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Common risks to retirement, investing and financial freedom
– moneysense.ca
While enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster.
—Benjamin Graham
Inflation delays retirement for half of older Canadians
Results of a survey of Canadians older than 55 conducted in June 2022.
I have delayed (or plan to delay) my retirement because…I don’t have enough savings/investments62%Rising inflation/cost of living this year54%I have too much debt 40%My children still require financial support26%I love my job too much to quit 23%The COVID-19 pandemic 21%I am taking care of my partner/spouse13%I am taking care of my partner or other family member10%
The goal of this chapter is education, which, in my mind, is key to eliminating fear of the future…