I haven’t looked at the statistics but I have looked around me and I’ve concluded that most Canadians will be facing a low income in retirement. I know far more people that rent apartments than that own homes, and that work in retail than that work in high-paying corporate jobs. Our own income will take a serious nose dive in retirement, if we actually stop working. As a consequence, I usually read articles I find on low income living in retirement. Sometimes I write them, too.
Previous articles I have written about the Guaranteed Income Supplement include: Continue reading