Low-income people need savings and retirement strategies that won’t leave them worse off in their senior years. The purpose of this paper is to educate people who help low-income adults plan for their financial future. Our aim is to put GIS planning at the centre of the pre-retirement discussion for these singles and couples. Far too many low-income people have failed to get good advice about filing their taxes and applying for a program to which they are entitled. The effect of this is to take millions of retirement dollars off the table for Canada’s most vulnerable seniors.
Low Income Retirement Planning