52 Ways to Wreck Your Retirement ...And How to Rescue It

Retirement planning isn't something that happens at a specific point in time or at a specific age - we are all affecting our retirement plans every day with every decision we do or don't make.

"Di Vito's first foray as an author is a must-read. What we do today determines our tomorrow. This book is a step-by-step plan for what could be the best years of your life—retirement!"
— The Honourable Pamela D. Wallin, o.c., som.

As a result of global uncertainty and volatility, financial matters have become increasingly complex, but Tina's book will give you the confidence to make better financial decisions and is a superb resource for any Canadian looking to understand how to better prepare for retirement."
—L. Jacques Ménard, o.c., o.q., lld, Vice-Chair of the Task Force on Financial Literacy, Chairman BMO Nesbitt Burns, President BMO Financial Group, Quebec

"I used to joke about self-wrecked RRSPs but now Tina Di Vito's new book shows us 52 ways to wreck your retirement. More to the point, she lays out 52 compelling ways to rescue it."
—Jonathan Chevreau, Financial Post columnist and author of Findependence Day

Starting to think about retirement early is the best strategy, but starting today is the next best thing.

Planning for your retirement isn't something you do once, forget about, and hope that everything turns out for the best. Your retirement encompasses the cumulative effects of many decisions throughout your life. Canadians are living longer than ever before, and the average retiree of the future may have to account for as much as 30 years of retirement living.

Continued financial turmoil and lack of predictability has heightened concerns about what retirement will look like. 52 Ways to Wreck Your Retirement takes a close look at the issues that can spoil your golden years, and what to do about them, including issues surrounding:

• Basic planning, and knowing where you stand

• Savings, debt, and money management

• Investing, risk tolerance, and balance

• Pensions, taxation and withdrawals from plans

Each chapter provides advice and actionable steps that you can take in order to get your retirement on the right path. So whether you're still many years away from retirement or it's just around the corner, or even if you're currently retired, 52 Ways to Wreck Your Retirement can help you put the missing pieces in place and motivate you to take action.

Retirement planning isn't something that happens at a specific point in time or at a specific age - we are all affecting our retirement plans every day with every decision we do or don't make. Canadians are living longer, and the average retiree in the future may have as much as 30 years of retirement to plan for, and there are many simple things that will impact our eventual retirement life.

52 Ways to Wreck Your Retirement identifies 52 things we do that could wreck our retirement, explains why it puts your retirement at risk, and provides the strategy to correct the mistake, or better still, avoid it entirely. The book is organized under several key areas of the planning process, including:

• Starting to Plan for Retirement
• Mistakes around Investing
• Mistakes around Debt
• Saving for Retirement
• Pensions
• Living in Retirement
• Spending in Retirement
• New Realities about Retirement

52 Ways to Wreck Your Retirement is not a feel-good book about how wonderful retirement will be or an alarming fear-mongering book about dying broke, nor is it a get-rich-late-retirement solution. Quite simply, it is an easily-accessible and practical guide written for Canadians of all ages that gives you the tools you need to better manage the financial and personal aspects of your retirement.