Category: Business Owner
SAVING FOR RETIREMENT?
Jan 22, 2022
In 2015 BMO wealth management conducted a study that found retired Canadians spend on average $28,800 per year. Adjusted for inflation, that number is $32,000 per year in 2021. Simply put, that means if you retire at age 65 and live to 90, you will need $800,000. Assuming a 6% annual rate of return, here’s […]
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