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Close your eyes and picture being retired - What are you doing? How do you feel? I feel like there’s two options - either you’re relaxing, travelling, doing your favourite hobby and feeling peaceful and amazing, orrrrr you have no clue what to picture at all, because just hearing the word ‘retirement’ makes you feel a little sick to your stomach. If you’re on the second side of things, you’re not alone. There was a survey done recently by CPP Investments and Innovative Research group that showed that most people don’t know how much money they need to retire, they don’t have a financial plan for retirement, and some people don’t even know if they’ll ever be in a position to plan for it. In this video, we'll break down why you need a retirement plan, how to create one, and how the Canada Pension Plan and CPP Investments are a part of your plan already. To learn more about what CPP Investments does, check out this website: https://www.cppinvestments.com/for-ca... 0:00 Why do you need a retirement plan? 1:18 How much money can you expect to spend in retirement? 2:09 When should you retire? 2:35 How much money do you need to save for retirement? 3:59 How do you save enough money to retire? 4:25 Canada Pension Plan + CPP Investments ➡️ Simplii Financial - Our No Fee Chequing Account (up to $400 bonus) - https://api.fintelconnect.com/t/l/65a... ➡️ EQ Bank - Our High Interest Savings Account - https://click.linksynergy.com/fs-bin/... ➡️ Wealthsimple Invest - Our Robo-Advisor Investment Platform ($50 bonus) - https://wealthsimple.sjv.io/vnkndW ➡️ Wealthsimple Trade - Our Favourite Stock Trading Platform ($25 bonus) - https://wealthsimple.sjv.io/yRARNB ➡️ American Express Cobalt - Our Travel Rewards Credit Card (up to 22,000 points) - https://americanexpress.com/en-ca/ref... ➡️ Neo Financial - Our Cash Back Credit Card - https://neo.cc/refer/N8U6K3S9 ➡️ Questrade - Low Fee Investment Platform Canada ($50 in commission free trades) - https://questrade.sjv.io/AWa9jo ➡️ Borrowell - Free Credit Score Check - https://api.fintelconnect.com/t/l/612... The links above are affiliate and/or referral links that provide us compensation when you use them to sign up. Thank you for supporting our channel! Website - stephandden.com Instagram - @stephandden TikTok - @stephandden Camera - Sony A6400 - https://amzn.to/2vsmDqc Lens - Sigma 16mm - https://amzn.to/2vslvCV Microphones - https://amzn.to/2tSa3jQ Tripod - https://amzn.to/37EAibU Small Tripod - https://amzn.to/2S3dWul External Hard Drive - https://amzn.to/3mQzMlP Our Music - https://www.epidemicsound.com/referra... The links above are affiliate links - Steph & Den are Amazon Associates and we earn from qualifying purchases. Disclaimer - This content is for education and entertainment purposes only. Steph & Den do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.