Retirement Planning 101: Getting Started

Planning for retirement can feel overwhelming, but it doesn’t have to be. Here’s how to get started with confidence.

Start with Your Goals

Before diving into numbers, think about what you want your retirement to look like. Consider:

• Where do you want to live?
• What activities do you want to pursue?
• How much travel do you plan to do?

Understand Your Income Sources

Most retirees have multiple income sources:

1. Government benefits — CPP, OAS, and other government programs
2. Employer pensions — Defined benefit or defined contribution plans
3. Personal savings — RRSPs, TFSAs, and other investments

Build Your Plan

With Slackwater, you can bring all of these elements together into a comprehensive retirement plan. Our platform helps you visualize different scenarios and find the optimal strategy for your situation.

Get started today at slackwater.ca.