Fewer than 10% of Canadians retire with $1 million. Here are 3 steps to help beat those odds
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Fewer than 10% of Canadians reportedly retire with $1 million in savings. The amount needed for a comfortable retirement may be higher than $1 million, with some suggesting $1.7 million or more, and managing large retirement savings can be challenging. Canadians are advised to plan carefully for retirement, considering factors beyond just savings totals, to ensure financial freedom.
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