FADOQ keeps members up to date on everything that happens across the network. It also lets them know about the work it does to improve their quality of life, including briefs, advocacy, news, editorials, publications, and more.
As a FADOQ member*, you benefit from useful partnerships, nearly 1,000 discounts and privileges. You have access to multiple discounts and privileges in every region of Québec. Maximize your savings in every sphere of life! Use the FADOQ application to discover discounts wherever you are. *Only applies to members with a valid FADOQ card.
FADOQ works hard to educate, train, and equip its members in all spheres of their lives. It shares information at workshops, online, in concise articles and up-to-date fact sheets, and more. We believe all seniors should get informed!
Your retired neighbour just flashed by on a morning jog. As you watch her run off, your own future retirement comes to mind. Do you realize that this stage of your life will possibly last as long as your career? That right there is one sure-fire reason to properly prepare for this next step.
We have put together some tips to help you plan a tailor-made retirement plan. Let yourself be inspired.
Some dream of walking on the shore, practicing yoga, travelling in Europe… Yes, they are plans. The fact remains this is not enough to fill your retirement days! You have to visualize your future more specifically.
Ask yourself every question you can think of and write down all your answers. Review them every year and ask yourself if your vision has evolved. You change over time so it’s important to be flexible.
Average life expectancy in Canada is around 80 years. A thousand and one factors influence it but either way you can expect to live longer because it’s only increasing over time.
Retirement can be broken down into three phases. Consider each phase in your planning as they all come with varying expenses.
You will be able to better establish the budget you will need once your vision of retirement is clearer.
They say for example that the financial goal to achieve is to earn 70% of your working income. Would you like to provide occasional financial assistance to your children or grandchildren? This is another factor to consider.
Financial security advisors play an important support role. They can crunch your retirement numbers quite accurately and give you the straight facts.
To better meet your goals, the specialist you speak with will help you create a plan, a strategy to bring you closer to your ideal retirement and maintain your standard of living for as long as possible.
Talk to your advisor or a Beneva advisor
*Beneva designates Beneva Inc., Financial Services Firm.
