Low Income Retirement Planning: Four things to think about & Maximizing GIS
Author: John Stapleton
Topic: Asset building and saving
Publisher: Open Policy Ontario
Location: Canada
Format: Guide
Content Type: Tools
Publication Date: July 31, 2016
This is a guide on retirement planning for people living on a low income in Ontario. It reviews the Guaranteed Income Supplement (GIS), CPP and CPP early retirement, smart ways to save before turning 65, and smart ways to save between ages 65 and 71. It gives background on eligibility criteria, recommendations for contributing to a TFSA or an RRSP.
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