Retirement is the goal for many, but getting there can feel like a formidable but rewarding challenge.
It takes preparation, diligence and patience to be able to accrue enough saved income in order to enjoy those golden years, especially suited to your individual circumstances and lifestyle preferences.
Everyone’s goal may be different, but all future retirees will agree: To live this period of your life as comfortably as possible.
It may take some extra effort, but putting in the work now to reap the rewards later is important. To help, here's a few tips on what it takes to retire with a comfortable $10,000 per month in Canada.
For those between the age of 55 to 64, the median amount for saved for retirement breaks down to the following: