In Saskatchewan, a couple we’ll call Marie, 52, and Stephen, 53, would like to retire by the time he is 60. Their target date for retirement is 2028 but the timing is fluid, and depends on how and when they can achieve a permanent income of $70,000 after tax. They have a present combined annual gross income of $235,800 from their jobs working for the federal government and a large company, respectively, and they are accumulating retirement savings while paying down $198,000 of debts. They need to get their calculations right for a financially secure future. Read More ...
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