In the past, having enough money to maintain one’s lifestyle wasn’t a significant issue. People didn’t live long enough to use up all their savings and people didn’t spend nearly as much on things like travel or second homes as they do now.
These days, though, people want to continue living the same life in retirement as they did during their working years. That can get expensive. How can people make their money last and live the life they want? Aurele Courcelles, Investors Group’s Assistant Vice-President of Tax and Estate Planning explains.