Personal
Home Bank accounts
Credit cards
Borrowing
Mortgages
Savings and investments
Insurance
Advice
Business
Home Banking Solutions
Credit Cards
Financing
Investing
International
Going Further
Tips and Tools
Wealth Management
Home
CLOSE

Three myths about retirement planning

20 December 2019 by National Bank of Canada
Myths about retirement planning

Your brother-in-law insists that you invest in RRSPs—and nothing but RRSPs. Your neighbour swears that if you’ve hit 50 without starting to plan for retirement, it’s already too late. Your colleague believes that owning a house that’s paid off is the equivalent of having a pension fund. Whew! With so many opinions about retirement planning floating around, it can be difficult to discern between what is true and what is not. Here are three long-standing myths… whose time are finally up!

 infographie

 

Life doesn’t just stop when you retire, so it’s best to be prepared. Whether you’re 35 or 53, it’s never too early or too late to take control of your retirement. 

How is your own retirement shaping up? Finding out is simple: It costs you nothing to check in with a financial advisor.

Legal disclaimer

Any reproduction, in whole or in part, is strictly prohibited without the prior written consent of National Bank of Canada.

The articles and information on this website are protected by the copyright laws in effect in Canada or other countries, as applicable. The copyrights on the articles and information belong to the National Bank of Canada or other persons. Any reproduction, redistribution, electronic communication, including indirectly via a hyperlink, in whole or in part, of these articles and information and any other use thereof that is not explicitly authorized is prohibited without the prior written consent of the copyright owner.

The contents of this website must not be interpreted, considered or used as if it were financial, legal, fiscal, or other advice. National Bank and its partners in contents will not be liable for any damages that you may incur from such use.

This article is provided by National Bank, its subsidiaries and group entities for information purposes only, and creates no legal or contractual obligation for National Bank, its subsidiaries and group entities. The details of this service offering and the conditions herein are subject to change.

The hyperlinks in this article may redirect to external websites not administered by National Bank. The Bank cannot be held liable for the content of external websites or any damages caused by their use.

Views expressed in this article are those of the person being interviewed. They do not necessarily reflect the opinions of National Bank or its subsidiaries. For financial or business advice, please consult your National Bank advisor, financial planner or an industry professional (e.g., accountant, tax specialist or lawyer).

Categories

Categories