Dan and Laura were both born in Canada and have worked in Canada all their lives. They have been married for 37 years, are turning 60 this year and hoping to retire as soon as they can. They have booked an appointment with you to discuss their retirement income options provided by the government. They have $50,000 in RRSPs but neither of them has a pension through work. Explain all the government retirement income options that will be available to them over the next five years and give them some advice as to what you would suggest they do. Keep in mind that both Don and Laura are heavy smokers and neither plan to live beyond the age of 75