Income Today, Legacy Tomorrow: Investment Picks for Canadian Retirees
When you retire and your regular paycheque stops, a new challenge appears: How do you create steady monthly income without giving up the long-term growth your estate depends on? The good news: you don’t have to choose. With a balanced mix of stable income, diversified investments, and a realistic withdrawal strategy, Canadian retirees can enjoy life today while still building a meaningful legacy. At Armchair Financial , our philosophy is simple: Retirement planning should be easy, clear, and sustainable. Let’s walk through what that looks like in practice. 1. Start With Your Guaranteed Income Base Before tapping into your investment accounts, map out the reliable income sources you’re already entitled to: ✔ CPP (Canada Pension Plan) Inflation-protected income for life, based on your work history. ✔ OAS (Old Age Security) A steady base for most Canadians, unaffected by market ups and downs. ✔ Employer Pensions Whether you have a defined benefit plan (predictable monthly income) or ...