The Globe and Mail | Will you have enough money to cover health care bills in retirement?
We’ve living longer, but not healthier. Failing to recognize this could be a fatal error in your retirement planning.
A bunch of different approaches have been used to get Canadians to save more for retirement, none of them wildly successful. Let’s try this: To cover your health care bills.
We have public health care in Canada, but it’s a system that best suits the young and not the old. A stay in a long-term care facility to recover from a serious illness could cost you tens of thousands of dollars, and the same applies to in-home care.