“Fred Vettese is the king of can-do retirement planning. Practical, clear advice from someone who knows what you’re up against and has the answers.” — Rob Carrick, Globe and Mail

Canada’s most trusted resource on retirement income is now updated for tumultuous times.

As the global economy faces uncertainty in the face of high inflation — at levels not seen since the 1980s — individuals in retirement or near to it are understandably anxious about their long term-prospects. Canadians need the tools to make better-informed choices to turn their retirement savings into retirement income for life.

This completely revised and updated third edition:

• Explains how higher interest rates and higher inflation present both new opportunities and new challenges to retirees
• Illustrates how the expansion of the CPP (which started in 2019) will affect upcoming retirees
• Examines the impact of inflation on the deferral of CPP and OAS pensions
• Explores whether life annuities are still relevant and asks whether there are better products on the market
• Provides a revamped retirement calculator

Actuary Frederick Vettese demystifies a complex and often frightening subject and provides practical, actionable advice. 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—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