The reality is that if you have a long time to retirement then there are too many variable to plan accurately so just working at your financial
health by paying off debts and saving money might be the best strategy.
Not exact matches
Despite rising
debt levels and increasing home prices, Canadians continue to allocate less income toward
paying off debt, according to the Canadian Household Financial
Health and Consumer Credit Q1 2015 report [paywall] recently published
by credit rating agency DBRS.
Even the smallest increases in your net income can result in big differences to your financial
health, and if you have high - interest credit card
debt to
pay off, you'll earn more in the long run
by using some of those funds to
pay down that
debt.