What Will Happen To Canada’s Retirees?
Statistics and data from recent years show us that it’s not easy peasy anymore to live as a retired senior in Canada. The fact is that retiring age is going higher and higher because these days, once you get out of the workforce, it is so tough to get back. But it’s not the whole story! The government says that inflation has been at its highest rate in 18 years. That means the fees have never been this high in the previous decade. So retirees have no choice but to spend their savings and cut their expenses. So if you’re planning to join the other retirees and start a comfortable, peaceful life with the government pension, make sure it’s not just a beautiful dream.