Good morning. Retirement isn't one decision — it's a string of them, and most Canadians only revisit theirs when something forces the issue. Today's issue is that nudge: a fresh look at when you can actually afford to leave, whether the people you've trusted for guidance still deserve that trust, and what "enough" really looks like once the paycheques stop.
On The Money Today:
Retiring before 65 comes with a math problem most Canadians haven't solved
The man who taught a generation to save is stepping back — what that means for your own plan
How much monthly income you actually need once the paycheques stop
Let’s get into it.
CPP, OAS and RRSP withdrawal rules all shift if you leave before 65. See how the math actually plays out, and whether your own number gets you there sooner than you think.
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The man who taught millions of Canadians to save is closing this chapter of his own. Here's what his exit says about the retirement plan you've been putting off.
CPP, OAS and a modest RRSP can only stretch so far. See where your own monthly number falls, and what it means for the retirement you're actually planning to have.
MONEY IQ
ALSO MAKING THE ROUNDS TODAY
MONEY IQ - ANSWER
Answer: B. Published in 1989, David Chilton's The Wealthy Barber used a fictional barber named Roy to teach everyday Canadians how to save and invest. Its "pay yourself first" message sold over 2 million copies, making it one of the best-selling personal finance books in Canadian history.
That's a wrap for today! Before you go, we'd love to know what you thought of today's newsletter. Hit REPLY if you have more to share — we read every reply.
