Canada’s #1 bestselling retirement income book is now completely revised and updated. Vettese will show you how to mitigate risk and secure your financial future in these unpredictable times.

As COVID-19 rocks the economy in an unprecedented black swan event, retirees and those who are preparing to retire need answers to pressing questions about their financial futures. Originally published in 2018, the second edition of Retirement Income for Life, has been completely revised and updated, and now includes:

• New chapters on early retirement, retiring single, what to do when one spouse dies young, and more.
• Three strategies for mitigating your personal financial risk in the current downturn in equities and other investment products.
• Advice on how to plan for (and even benefit from) a possible bear market, resulting from COVID-19, which could create unprecedented equity buying opportunities.
• Information on the impact of unbearably low interest rates on annuities and fixed income investments and what to do if you hold them.
• The reasons retirees should be deferring CPP until age 70 and why the case for this is stronger than ever.

Author Frederick Vettese demystifies a complex and often frightening subject and provides practical, actionable advice based on five enhancements the reader can make to mitigate risk and secure their financial future. With over one thousand Canadians turning 65 every day, the cultivation of good decumulation practices — the way in which you draw down assets in retirement, ideally to have a secure income for the rest of your life — has become an urgent matter that no one can afford to ignore.

Frederick Vettese is Chief Actuary of Morneau Shepell, a position he has held since 1991. He has written op-eds for the National Post and The Globe and Mail, and is frequently quoted regarding pension matters in various media. A prolific author of pension articles for a number of magazines and journals, he is also the author of two other books on retirement and has presented at various national conferences, such as the Conference Board of Canada and the Canadian Institute. Fred is a member of the C.D. Howe Institute Pension Policy Council and a Fellow of the Canadian Institute of Actuaries (FCIA). He provides consulting services to some of Morneau Shepell's largest clients and also oversees professional standards for the firm's 150 actuaries

Frederick Vettese's profile page

“Destined to become the bible of any new or near retiree.” — moneysense.ca on Retirement Income for Life, first edition

“I’m on the record saying that every Canadian retiree and soon-to-be retiree should read Retirement Income for Life by Fred Vettese. It offers five clear strategies for making the most of your accumulated savings and turning it into predictable, sustainable retirement income.” — Boomer & Echo on Retirement Income for Life, first edition

“Must-read book for Canadians who are in retirement or who are preparing for retirement.” — Cut the Crap Investing on Retirement Income for Life, first edition

“A great resource for Canadians who see retirement on the horizon and are beginning to wonder whether it is to be embraced or feared.” — PWL Capital on Retirement Income for Life, first edition

“Retirement Income For Life is essential reading for any self-directed investor who is either planning for retirement within the next five years or already in it.” — Dividend Strategy

“Retirement Income for Life was very well written, simple and easy to understand in addition to providing new insights.” — Gen Y Money