@yunikaaldver: Semudah itu #automaticcurler

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Thursday 14 May 2026 13:19:20 GMT
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IS RETIREMENT DEAD IN CANADA? Part 1, the young renter If you're renting in your 20s or 30s, you've seen the posts, and the joke that the retirement plan is an early death. The worry under the joke is real. So I ran Maya through my own calculators in 180 cities and towns. She's 30, single, renting a 1-bedroom, on the typical wage where she lives, and I made her a tight case on purpose. 1. With nothing saved, CPP, OAS and a bit of GIS still pay her about $29,000 a year from 65, for life, rising with inflation. That's lean. It covers a bare-bones life in Saskatoon and comes close in Toronto. 2. Her saving only has to cover the gap. To keep the careful life she has now, that's about $300 a month in Saskatoon and about $600 in Toronto. 3. Her pay covers her bills in 39 of 40 cities, and her bills plus the saving in 25. Toronto and Vancouver aren't in the 25. Halifax, where I live, is the one that came up short on the bills. My own calculator did that to me. 4. Growing her pay does the most. In Toronto, going from the middle wage, about $63,600, to typical full-time, full-year pay, about $74,600, takes what's left after the bills from about $100 a month to about $690. 5. A stable rent and a small habit do the rest. People already in a 1-bedroom pay about $220 a month less than today's listings. Start a TFSA with what you have, even $50, make it automatic, and use one low-fee global fund. 6. And yes, I ran
IS RETIREMENT DEAD IN CANADA? Part 1, the young renter If you're renting in your 20s or 30s, you've seen the posts, and the joke that the retirement plan is an early death. The worry under the joke is real. So I ran Maya through my own calculators in 180 cities and towns. She's 30, single, renting a 1-bedroom, on the typical wage where she lives, and I made her a tight case on purpose. 1. With nothing saved, CPP, OAS and a bit of GIS still pay her about $29,000 a year from 65, for life, rising with inflation. That's lean. It covers a bare-bones life in Saskatoon and comes close in Toronto. 2. Her saving only has to cover the gap. To keep the careful life she has now, that's about $300 a month in Saskatoon and about $600 in Toronto. 3. Her pay covers her bills in 39 of 40 cities, and her bills plus the saving in 25. Toronto and Vancouver aren't in the 25. Halifax, where I live, is the one that came up short on the bills. My own calculator did that to me. 4. Growing her pay does the most. In Toronto, going from the middle wage, about $63,600, to typical full-time, full-year pay, about $74,600, takes what's left after the bills from about $100 a month to about $690. 5. A stable rent and a small habit do the rest. People already in a 1-bedroom pay about $220 a month less than today's listings. Start a TFSA with what you have, even $50, make it automatic, and use one low-fee global fund. 6. And yes, I ran "just move somewhere cheaper" too. In 140 smaller towns rent drops to about $1,000 a month, pay is lower, and now you need a car. With the car, 42 of those towns come up short. If you're renting, what does a 1-bedroom go for where you live? It's a long one, so it's on my podcast too, on Spotify and Apple. There's a free retirement calculator at calmmoneycoach.com, and my email list is free. The full guide, my retirement planner and my province calculator are in my paid community there. The takeaways are a free 4 page PDF: calmmoneycoach.kit.com/low-income-retirement General education only. Maya is a made-up example. Today's dollars, October 2026. If the worry gets heavy, call or text 9-8-8, any time. #retirementplanning #tfsa #personalfinancecanada

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