BC - Retirement and Savings Options

BC - Retirement and Savings Options
Preview Tool (PDF)

British Columbia edition


Thinking about retiring?

  • There are many programs that are created to help seniors with retirement.

You must apply to the programs in order to get the benefits.

  1. To learn about some of the government programs for seniors, please read the Accessing and Optimizing Pensions and Public Benefits pocket tool.
  2. It is important to think about how much money you will need as you retire and age.
  • Closely monitor your investment account, and make sure you understand the statements that come from your bank or brokerage firm.
  • Many people consider saving for retirement by investing in some type of savings account such as a Tax Free Savings Account (TFSA) or a Registered Retirement Savings Plan (RRSP) where the investment income is not taxed while in the account.
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National Initiative for the Care of the Elderly (NICE)
246 Bloor Street West, Room 234
Toronto, Ontario M5S 1V4, Canada