Thinking of retirement?

The other day my best friend Marnie, who is in the insurance industry was telling me about some of the people she has met and how with only a few years left before retirement they are now scrambling to get something put away.  It definitely made me think about my own retirement strategy, when your under 40 (no poke intended as I will get there soon enough myself) you tend to put it off as there is always lots more time to do that stuff.  So I can definitely see how financial planning for retirement can sneak up on you and before you know it you only have a few years left.  Looking around also there is a large percentage of people in that category approaching retirement.  Curiosity got the better of me actually so I did a google search on the number and came up with a Stats Canada figure from 2010 that 12.5% of the population is nearing retirement age within the next 10 years.  http://www40.statcan.ca/l01/cst01/demo10a-eng.htm Wow that is actually quite staggering when you think about it.

What I found more amazing though is how many Canadians in that age bracket have fallen for the RRSP  myth that so long as they have put as much into RRSP's as they can everything will be rosy come retirement and they can live this life of leisure.  Wow are they in for a shocker, just take a trip into Walmart or Home Depot now days and there is a grey wave of retirees working at these stores, and I don't think it is because they wanted to see how retail worked.  Turns out most of us just don't have the information we need to make the correct decisions to start effectively planning for our retirement, and that is where you need the benefit of knowing someone like Marnie to show you the options that are out there before it's too late. 

I know this is a shameless plug for my friend but I send all of my friends and contacts to see her because I can be assured that they will be given the information they need rather than the information that leads to the largest commission.  Being it is last minute also I want to mention also that Marnie has a free information session planned for tomorrow 23 June in Barrie at the public library, so if you can spare some time it would be in your best interest to attend.  To get more information you can contact Marnie direct at (705) 220-0143.

Here is the information also on her presentation at the Library if your interested in attending.