We spend our working lives saving for retirement, but what if the biggest risk isn't the markets? It's living too long.
The average Canadian retiree now lives well into their eighties—great news, unless your money doesn't last as long as you do. Most retirement income plans quietly taper off around 85, leaving a dangerous gap.
Longevity risk is the chance that you live longer than your savings were planned to last. And it's quietly threatening even the best retirement plans.
But there's a simple strategy most people overlook: flipping how you think about your TFSA. Instead of treating it as early retirement money, what if it became your "95 fund"—your longevity reserve for when you're truly old?
In this episode, I break down what longevity risk really means, how it can unravel your retirement, and why your tax-free savings account might be your hidden hero.
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