Retirement Planning & Savings - Questions regarding retirement savings in Canada - Canada

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I'm investing in real estate and / or businesses for my retirement savings

Postby montyloree » Sat Dec 06, 2008 04:48:58 AM

With the latest bankruptcy figures in Canada, it's important to see why retirement savings are so important.

I am looking at investing in real estate, and possibly other businesses as income streams for my retirement.

With the stock market falling out of the bottom, what other income producing assets are there? In my opinion there are really only real estate and investing in businesses. These are risky as well, however, if you do your home work and build in your systems, you'll make these investments less risky and less stressful.
montyloree
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Questions regarding retirement savings in Canada

Postby montyloree » Sat Dec 06, 2008 04:45:55 AM

1. Can you please list down specific benefits of retirement plans??
2. Where do I start with retirement planning?
3. How far in advance should I start to plan.?
4. What questions do I need to be asking with regards to retirement planning?
5. How much money is enough for retirement savings?
6. How can I calculate in inflation into my calculations.
7. What are the unexpected expenses I could run into if I don’t have a retirement plan?
8. How can I know exactly when to retire?
9. Are there better investments than others for retirement planning?
10. Can I invest in real estate?
11. How can I look for tax benefits with retirement planning?
12. How can I find time to spend on retirement planning.?
13. Is retirement saving as simple as, reducing expenditures, and /or increasing your income?
montyloree
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Posts: 3310
Joined: Sat Jul 16, 2005 10:52:47 AM
Province: SK


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