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Tag: LIM

Will You Have Saved Enough For Your Retirement?

“Totally Inadequate Retirement Savings” Broadbent Institute, an Ottawa-based think tank, issued a report recently claiming that the great majority of members of the 55 to 64 age group without an employer pension plan have “totally inadequate retirement savings” and that 11.1% of Canadians aged 65 and over lived in poverty in 2013. The author suggests increasing the GIS, or Guaranteed …

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