You’ve dreamed about retirement for years. Now it’s in view. You may ask yourself, what does CDIC have to do with it?
As we age, protecting our money can become as important as watching it grow.
The years between 55 and 65 are critical. This is when most households need to convert some of their assets into a stream of income for retirement. This might mean downsizing the family home or selling investments.
This money is often held in deposit products, such as GICs – which are protected by CDIC.
Research shows 6 out of 10 Canadians aged 50 and older face unexpected life events that disrupt their financial plans. Ensuring that your hard-earned money is safe, no matter what happens in the future, is essential so that you can enjoy retirement.
We have information that can help. Watch the videos. Read the articles.
Be informed. Protect your savings.