Close your eyes and picture being retired What are you doing? How do you feel? I feel like there’s two options either you’re relaxing, travelling, doing your favourite hobby and feeling peaceful and amazing, orrrrr you have no clue what to picture at all, because just hearing the word ‘retirement’ makes you feel a little sick to your stomach.

If you’re on the second side of things, you’re not alone. There was a survey done recently by CPP Investments and Innovative Research group that showed that most people don’t know how much money they need to retire, they don’t have a financial plan for retirement, and some people don’t even know if they’ll ever be in a position to plan for it.

In this video, we'll break down why you need a retirement plan, how to create one, and how the Canada Pension Plan and CPP Investments are a part of your plan already.

To learn more about what CPP Investments does, check out this website: https://www.cppinvestments.com/forca...

0:00 Why do you need a retirement plan?
1:18 How much money can you expect to spend in retirement?
2:09 When should you retire?
2:35 How much money do you need to save for retirement?
3:59 How do you save enough money to retire?
4:25 Canada Pension Plan + CPP Investments

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