The Facts For 2017 On Recognising Aspects In Universal Life Insurance

Or should she work a few more years? Should they begin collecting Canada Pension Plan benefits at 60 or wait until they are 65? Their retirement spending goal is $60,000 a year after tax. While they show a monthly surplus, they are setting aside that money for a big trip in the next couple of years and to replace their vehicles. We asked Noel D’Souza, a money coach and financial planner with Money Coaches Canada, to look at Olivia and Henry’s situation. Mr. D’Souza holds the certified financial planner (CFP) designation. Olivia needn’t work longer than the age of 57, Mr. D’Souza says. The couple will be able to comfortably achieve their retirement income goal of $60,000 a year – after tax and adjusted for inflation – to 95.

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