Age 50 is too late to start saving for retirement
by | Posted 6.17.2012 | Post Comment (No Comments)

We’ve all heard the same song for some time now.

Canadian debt loads are too high.
Canadian savings rates are dropping.
Canadians expect to work past age 66, not because they want to.
I’ve read a ton of personal finance and investing articles that state “it’s never too late to plan for retirement” or “it’s never too late to save for your future” but I’ve often wondered how much truth there is in that.

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