Lessons I’ve Learned 22 Years After Taking Early Retirement-Part 2

In 1994, under the Factor 80 early exit program, I was forced to retire at an early age of 54 due to downsizing in the Ontario Public Service (OPS). I thought sharing how life has treated me and the lessons I learned after early retirement might be of interest to CMS readers. Lessons 1 through 6 were published in the March/April 2017 edition of CMS. 7. It pays to maximize annual contributions to TFSA (Tax Free Savings Account) for emergency withdrawal without paying taxes. Many financial...