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Wes Ashton and Ryan Ackers of Oakwater Wealth Counsel and Harbourfront Wealth Management sit down for a conversation about the impact of inflation on retirement planning.
With persistent inflation, an unsustainable budget deficit, and a pandemic still fresh in our minds, retirement planning might not be top of mind for most Canadians. Inflation has the potential to have severe impacts on retirement incomes if proper guidance isn’t in place. Hence, understanding the relationship inflation has to Canadians' retirement planning can ease some of those feelings of helplessness.
*Any view or opinion expressed in this article are solely those of the Representative and do not necessarily represent those of Harbourfront Wealth Management Inc. The information contained herein was obtained from sources believed to be reliable, however accuracy is not guaranteed. The information transmitted is intended to provide general guidance on matters of interest for the personal use of the viewer, who accepts full responsibility for its use, and is not to be considered a definitive analysis of the law or factual situations of any individual or entity. Any asset classes featured in this article are for illustration purposes only and should not be viewed as a solicitation to buy or sell. Past performance does not necessarily predict future performance, and each asset class has its own risks. As such, this content should not be used as a substitute for consultation with a professional tax or legal expert, or professional advisors. Prior to making any decision or taking any action, you should consult with a licensed professional advisor.
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