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Will you need to delay your retirement?
Will you need to delay your retirement? On average, Canadians would like to retire fully by the age of 61, and many people might consider this to be a realistic goal. However, the actual average age that Canadians retire is almost 65 (and 68 if you’re self-employed). There’s clearly a disconnect between when people want to quit working and when they’re able to do so.
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Should you invest for retirement or pay off your mortgage?
Should you invest for retirement or pay off your mortgage? When interest rates are high, people often think it’s better to pay off their mortgage rather than save. But is it the right choice? We’ll help you decide.