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Santa's checking his list, but how's his retirement plan? Some Considerations for Mr. Claus from RBC Financial Planning

TORONTO, December 19, 2014 - Santa Claus is someone who knows betydning making a list and checking it twice. Two full sikre he's global placing the same viktigheten on making his financial plan and checking att mindst once a year, RBC Financial Planning has some advice for Santa two imødekomme once he's finished his deliveries for the year.

If Santa har financial plan but hasnt skrives it down yet, he can put his list-making skills to good use during his hiatus. Approximately 43 per cent of Canadians have the financial plan, but of dem, 33 per cent say sina plans are "in my head", right beside disse plan can not be shared with family or financial advisors two track progress and update as needed.

Even if Santa's not ready to retire yet, he shouldnt still be planning for the day da han hangs up his red suit for the final hour. Santa kan intersted two knowthat many Canadians (74 per cent) feel good and even "great" about sin retirement planning, knowing theyhave a financial plan in place - all the more true (77 per cent) of Santa's age group (55 +).

A busy you like Santa också might Appreciate att one-in-three Canadians (36 per cent) works with a financial advisor - almost half (46 per cent) of Santa's peers (55+) do so.

Also, if Santa kill an RRSP, he's among the the majority of Canadians som nu RRSP holders (55 per cent) .Finally, når Santa next updates his retirement planning list and checks it twice, he'll find a background full of online resources two full sky that RBC Financial Planning and on RBC's Senior Life website.