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According to the Financial Consumer Agency of Canada there are five (5) steps for determining the amount of income required in retirement. REQUIRED: List and

According to the Financial Consumer Agency of Canada there are five (5) steps for determining the amount of income required in retirement. REQUIRED: List and discuss the five steps. I believe these are the five steps may you go into detail with them and discuss them.

Set your retirement goals

Compare your current spending with expected retirement spending

Decide when you will retire

Plan for unexpected expenses in retirement

Retirement planning and inflation

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