Latest / Your Retirement Planning Simplified
EP #76: Calculating Your Retirement Number: Factoring in Your Pension
This week we answer a listener question about defined benefit pension plans: I know not a lot of people have defined benefit plans, but everyone keeps talking about needing $1M-$2M at retirement. How would a defined benefit pension get valued, and does the amount needed at retirement include government programs?
We break down the components of retirement income, including government programs like the Canada Pension Plan and Old Age Security, guiding listeners on how to assess their unique financial situation to arrive at an ideal portfolio value for a comfortable retirement. We encourage you…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.