The federal government recently issued a series of brochures about financial planning for seniors. Using simple terms, they make what can be an intimidating topic easily understandable. They cover several key areas:
What every older Canadian should know about:
- financial planning
- income and benefits from government programs
- managing and protecting their assets
- planning for possible loss of independence
- planning for their future housing needs
- having a will and making funeral plans
- financial abuse
- frauds and scams
The Federal/Provincial/Territorial Ministers Responsible for Seniors Forum published the brochures. More helpful information for seniors is available on the the federal government's website, http://www.seniors.gc.ca/.