Federal Govt Services available for Seniors
Canada Revenue Agency – Information for Seniors:
http://www.cra-arc.gc.ca/seniors/
Programs for Retirement – Retirement Planning:
http://www.servicecanada.gc.ca/eng/lifeevents/retirement.shtml
Service Canada – Programs and Services for Seniors:
To help you find programs and services for Seniors, here are several documents that will help guide you to Ontario programs and services offered by both the federal and provincial governments.
Canada’s Retirement Income System:
http://www.servicecanada.gc.ca/eng/isp/cpp/soc/50-70/today.shtml
To help you better plan for your retirement, it is important to understand the Canadian retirement income system. There are three main sources of retirement income that you may be able to draw from:
- your personal savings and investments;
- government pension benefits; and
- employer pensions.
Government pension benefits provide a modest base on which to build your retirement income. To maintain their pre-retirement lifestyle, most Canadians will require most of their retirement income to come from personal savings and investments and/or employer pensions. Check out the tools that will help you kick-start your plan.