Understanding Retirement Income Sources and the Power of Early Savings (Online)
Offered by the Health and Wellness Program as part of the 14th Annual Health and Wellness Fair
Planning for retirement is a crucial step in ensuring financial security in your later years. Meet John D鈥橝gata, Director - Pensions & Benefits for this educational session where you'll gain insight into the various sources of retirement income, including government programs like the Quebec Pension Plan (QPP) or Old Age Security (OAS), employer-sponsored pensions, and personal savings like Registered Retirement Savings Plans (RRSPs) and Tax-Free Savings Accounts (TFSAs).
We'll also explore the importance of starting to save early, highlighting how compound interest can significantly grow your savings over time, and the long-term benefits of consistently setting aside funds. Starting early provides more flexibility, less stress, and greater financial independence as you approach retirement.
Finally, we'll look at the options available to you, helping you make informed decisions to meet your unique financial goals. Join us to take charge of your future today!
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