https://padlet.com/latishabell/no8ddn150gpbqzy0 en-us 2021-03-27 09:06:51 UTC 2021-03-30 02:35:41 UTC hello@padlet.com latishabell https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1359584231 Here, you will learn about Retirement and financial security through videos, websites, and images. Financial security refers to the peace of mind felt when we aren't worries about money especially during retirement. Often, this means having enough income to comfortably cover expense, being debt-free, and have savings to cover emergencies.  ]]> 2021-03-27 09:11:05 UTC https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1359584231 latishabell https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1360819039 This website is about TD Bank and how they teach and promote financial security. At TD, they are committed to providing access to tools and programs to help people live their lives with greater financial confidence and the outcomes they want to achieve and the type of initiatives they want to fund.

The reason I chose this website is because for many they do not know  what there financial institution may offer them, what it means, and how to get there.

]]> 2021-03-28 06:32:47 UTC https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1360819039 latishabell https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366173171 On this site, you'll find information about Canada's retirement income system (RIS). The Government believes that all Canadians deserve a safe, secure and dignified retirement, however in recent years company insolvencies have raised concerns about the security of pension, wage and benefit entitlements for workers and retirees.

The reason I chose this website is because The Government of Canada breaks down Canada's retirement income system, provides a background on the types of retirement income seniors are entitled to, and the laws and responsibilities for employers. ]]> 2021-03-30 00:31:17 UTC https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366173171 latishabell https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366283542 This website is about Canada Pension Plan also known as CPP. Here, you'll see the overview of CPP, the background, changes the government has made and how that would affect Canadians.

The reason I chose this website is because it provides specific details outlining CPP, how to calculate you retirement, and find out what you can receive from CPP. A lot of information is provided and most Canadians do not know that information.]]> 2021-03-30 01:15:53 UTC https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366283542 latishabell https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366329514 My last website is a survey of Financial Security. The purpose of the survey is to collect information from a sample of Canadian households on their assets, debts, employment, income and education. The SFS provides a comprehensive picture of the financial health of Canadians. Information is collected on the value of all major financial and non-financial assets and on the money owing on mortgages, vehicles, credit cards, student loans and other debts.

The reason I chose this website is because it provides us the statistics of a family's net worth that can be thought of as the amount of money they would be left with if they sold all of their assets and paid off all of their debts.]]> 2021-03-30 01:34:22 UTC https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366329514 latishabell https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366360200 Here, the Government of Canada give you eight e-learning videos complement the Financial Basics Workshops material. These are an easy and accessible alternative way to boost financial knowledge and plan a more secure financial future. You can use them as part of a Financial Basics workshop, or watch them on your own.

The reason I chose this website is because of the information it has on one website. It is easy and straight forward, providing those with the basics. ]]> 2021-03-30 01:46:23 UTC https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366360200 latishabell https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366394862 This website, gives you five tips to deal with financial worries that can affect you mental health. Managing our money is never an easy task, but there is help available to reduce the financial stress that affect your mental health. You can't have financial security if you aren't mental prepared for it.

I chose this video simply because it gives you tips on how to manage you mental health when it related to your financials overall.]]> 2021-03-30 02:00:28 UTC https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366394862 latishabell https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366404027 Old Age Security, commonly referred to as OAS, provided a base level of retirement income to over 6 million Canadians as of January 2019. While the majority of Canadians likely won’t be eligible to receive this for decades, it’s worth knowing about when planning for your own retirement. 

The reason I chose this video is because it explains Old Age Security (OAS) for those who are audio learning and may not understand the big words that are on the Government of Canada's website.]]> 2021-03-30 02:04:52 UTC https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366404027 latishabell https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366419444 This video will discuss the foundation of many Canadians’ retirement is the Canada Pension Plan. The CPP is designed to replace a certain amount of your average work earnings, up to maximum limits each year. 

The reason I chose this video is because it explains CPP for those who are audio learning and may not understand the big words that are on the Government of Canada's website.

]]> 2021-03-30 02:11:36 UTC https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366419444 latishabell https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366431403 I chose this image because it shows you the magic number for retirement savings according CIBC survey. While that is the average amount individual Canadians believe they’ll need to amass, up to 90% don’t have a formal plan on how to get there.]]> 2021-03-30 02:16:28 UTC https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366431403 latishabell https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366440020 I chose this image because the reality is I do not know if CPP with be around when it is time for me to retire. Two in three Canadians either don’t believe or aren’t confident that the Canada Pension Plan (CPP) will be around when they retire, according to a 2016 survey.]]> 2021-03-30 02:20:21 UTC https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366440020 latishabell https://padlet.com/latishabell/no8ddn150gpbqzy0/wish/1366448218 1. What did you learn about your topic that surprised you the most?

A. What I've learned about my topic that surprised me the most is that there may not be any Canadian pension plan when I'm ready to retire. I've personally set aside are there retirement savings accounts to ensure that I have something to fall back on when it's my turn to retire I'm also looking at other options just to be on the safe side.

2. Provide a real-life example of how this topic is relevant or interesting for you.

A. Over the last year the pandemic has really hit the world. Some Canadians took early retirement or just retired because they didn't want to deal with virus in the workplace. At my job, a lot of the health care workers took retirement to secure the amount of CPP they would receive because they think once the world is somewhat back to normal that CPP and OAS  will be cut therefore they wouldn't receive fee amount they thought they would get.

3. If you could pass on your knowledge to a family member or friend, what do you think is the most important thing to pass on?

A. I think the most important thing I could pass on to a friend or a family member is to not put all your eggs in one basket. Make sure you have other retirement plan in place just in case, have a budget, and live within your means.



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