11/03/2026
Each week, we will bust some myths. This week, they relate to Investment.
💼Myth 10: “I’ll just rely on CPP and OAS”
❌CPP and OAS are a great foundation—but they're usually not enough to fund the retirement most people envision.
Many Canadians assume that once they reach retirement age, government benefits will cover their expenses.
The truth is, CPP and OAS were never designed to replace your full income.
They're meant to provide a basic level of support.
Think about the retirement lifestyle you want:
✈️ Travel
🏡 Home renovations
🍽️ Dining out
🎁 Helping children or grandchildren
🎣 Enjoying hobbies and leisure activities
These goals often require income beyond what government benefits provide.
The question isn't: "Will I receive CPP and OAS?"
The better question is: "Will CPP and OAS be enough to support the retirement I want?"
The earlier you start planning, the more options you'll have.
Whether it's through RRSPs, TFSAs, pensions, investments, or other savings strategies, building additional retirement income can help you enjoy retirement with greater confidence and flexibility.
💡 Retirement planning isn't just about getting by—it's about creating the lifestyle you want after decades of hard work.
📩 Wondering if you're on track for retirement or how much income you may need? Send me a message and let's have a conversation.
Reach out today at (613) 618-0019 or email [email protected]