bcwife76
DisneyMomma
- Joined
- Dec 10, 2014
Are you waiting to hit a certain age or a certain dollar amount?
Dh and I are hoping to retire by 62, 65 at the latest.
How much are you trying to save for retirement?
As much as possible! No set dollar amount at the moment, but within the next 5-10 years we should really nail down that $ amount.
What age did you start saving for retirement, where you an early planner or late to the game?
I was 23, dh started later, around 29.
What age are you eligible for full Social Security and do you calculate SS in your retirement plan?
In Canada you can start to draw from your CPP (Canadian Pension Plan) at 60 and OAS (Old Age Security) at 67. But we need to be realistic that those might not be in place in 25+ years when it comes time for us to retire.
Will your house be paid off or do you plan to move to a smaller home or become a snowbird?
Paid off for sure! Once the kids are grown and out will probably downsize to a smaller home as well (current home is approx 2700 sq ft)
What do you worry the most about when it comes to retirement?
Just making sure there's enough in the coffers ;-)
Are you doing anything special to save for retirement faster?
Contributing to our own RRSP's, plus dh has a good pension plan through his work.
What do you want to be able to do in your retirement? (fully retire or work part time for extra cash etc)
Travel, spend time with any grandchildren that we may have
Dh and I are hoping to retire by 62, 65 at the latest.
How much are you trying to save for retirement?
As much as possible! No set dollar amount at the moment, but within the next 5-10 years we should really nail down that $ amount.
What age did you start saving for retirement, where you an early planner or late to the game?
I was 23, dh started later, around 29.
What age are you eligible for full Social Security and do you calculate SS in your retirement plan?
In Canada you can start to draw from your CPP (Canadian Pension Plan) at 60 and OAS (Old Age Security) at 67. But we need to be realistic that those might not be in place in 25+ years when it comes time for us to retire.
Will your house be paid off or do you plan to move to a smaller home or become a snowbird?
Paid off for sure! Once the kids are grown and out will probably downsize to a smaller home as well (current home is approx 2700 sq ft)
What do you worry the most about when it comes to retirement?
Just making sure there's enough in the coffers ;-)
Are you doing anything special to save for retirement faster?
Contributing to our own RRSP's, plus dh has a good pension plan through his work.
What do you want to be able to do in your retirement? (fully retire or work part time for extra cash etc)
Travel, spend time with any grandchildren that we may have