Mark convinced his mom to seek financial advice. What are important questions to ask?

6 hours ago 5

Rommie Analytics

For most families, retirement planning isn’t just about numbers. It’s also about peace of mind.

Q. I’m 35 years old and my mom is 58. I convinced her to make an appointment with a financial adviser to go over retirement options and withdrawal strategies, as she wants to retire this year. I’m going with her.

My parents are married and both are planning to take their Canada Pension Plan (CPP) at age 62. My mom would make full CPP (minus the penalty for taking it early) and my dad about one quarter. They would also be entitled to Ol...

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