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Manage your retirement income

Manage your retirement income

When you were working, your employer paid you a regular salary, provided you with a group health insurance plan and contributed to your pension fund.

Once you’ve retired, it’s up to you to make the decisions regarding:

  • how to manage your income
  • life and health insurance
  • the transfer of your assets to your heirs

Where to start

Analyze your sources of retirement income

Assess your pension and annuity income, savings, investments and personal property.

See Blog: Analyze your sources of retirement income

Draw up your retirement budget

Will your pension funds and personal retirement savings be enough?

See Blog: Draw up your retirement budget

Select a retirement income option

You can convert your savings into retirement income a number of ways: the Registered Retirement Income Fund (RRIF), Life Income Fund (LIF), annuities, Locked-In Retirement Accounts (LIRA), etc.

See Blog: Select a retirement income option

To get an overview of choices available to you, see our case studies, which illustrate three different strategies. See Blog: Case studies – Three different strategies

Find out more

See: All about taxes at retirement

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