Are Canadian Retirees at Risk of Outliving Their Retirement Savings?
February 1st, 2010
Pension and Retirement Income Committee
The following article presents a summary of recent reports about the retirement income facing Canadians in the years ahead. And, for those that have available savings, the Tax Free Savings Account (TFSA) appears to be a very interesting vehicle to invest in. These amounts can then be withdrawn for a rainy day or a special treat with the interest gained being completely tax-free.
