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by Long Con
Tue Oct 23, 2018 2:41 pm
Forum: The Speakeasy
Topic: Money and Finance
Replies: 50
Views: 2534

Re: Money and Finance

Never tell me the odds
by Long Con
Fri Mar 16, 2018 11:55 am
Forum: The Speakeasy
Topic: Money and Finance
Replies: 50
Views: 2534

Re: Money and Finance

dunya wrote: ↑Fri Mar 16, 2018 11:24 am dont you guys have retirement plans set in motion by the government? we pay like 38%-45% in taxes and your employer has to match that over your salary as well.
Yes, there is the CPP that gets a portion of every paycheque. I don't really know exactly what that will mean to my retirement.

Looks like there's also the OAS.

I feel like I still will need my own savings if I want to have some sort of happy retirement, instead of a day-to-day survival retirement.
by Long Con
Fri Mar 16, 2018 10:10 am
Forum: The Speakeasy
Topic: Money and Finance
Replies: 50
Views: 2534

Re: Money and Finance

I have nothing saved for retirement, it has never seemed possible. The present takes all my money.
G-Man wrote: ↑Wed Mar 07, 2018 2:11 pm Depending on the birth year range you use, I qualify as a Millennial. It's easy to use this article's headline as an invitation to take a cheap shot at that cohort but it really is a multi-faceted issue that goes beyond just one generation group. The economy keeps changing and it seems the public's understanding of the economy moves at a slower pace than the reality of the economy.
"The average account balance is $67,891, according to the report." This is not the reality I know, I've never even come close to having that much money. I don't even know how.

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