5 questions to ask yourself about your current plan:

1. Do you or your spouse have a pension at work?
2. Do you invest in RRSPs?
3. Are you aware of what your tax rate might be in retirement?
4. Do you know what your after tax retirement income will be?
5. Has your current investment advisor shown you the end result of your investing efforts?

A word about tax, well it's the biggest bill you will every pay in your life and the better you do financially the more you'll pay. Nice hun? Well since we can't change the fact you'll pay tax I suggest you learn to minimize it, especially in retirement.

Most people are unaware of the fact that with as little as 10 years left until retirement they can change their starts. You can influence how you take your income in retirement now, while you are still working, and how you take that income means everything as far as tax goes. So if you answered yes to question 1 & 2 or can't comfortably questions 3-5 its time to make a change. Like I said tax is your biggest bill of your life and you don't want tax to mean you can't retire or worse you can't stay retired.

Take the time and effort now when you are still working to make simple changes
that will enrich your retirement later on.