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A Guide To Financial Literacy

Money and You: Seniors Edition aims to help those in the senior years, or nearing senior years, with the many financial decisions that arise and that remain. Our goal is to inform you and help prepare you to be aware of important decisions, plan and think ahead, and be able to undertake money decisions with greater confidence and competence. It is important, in the senior years, to stay in control of your money - set and achieve new goals which includes goals we set for our legacy beyond our years. We hope you find it to be a useful resource.

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Module 1Decisions! Decisions to Make and Who Can Help

Throughout life we make tens of thousands of money decisions. Some are small and may be daily. Some are much more…

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Module 2Government Pension Sources

In order to lead the kind of life that we dream about for our “Golden Years” we may have to add to the savings that we…

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Module 3Budgeting and Maintaining Financial Control

A budget can help us as we navigate our life journey, especially as we negotiate the changes that we are faced with as we…

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Module 4Borrowing Money in Seniors Years

There may be times that your “nest egg” and your income sources may not be enough to satisfy your wants and needs as a…

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Module 5Transportation and Travel

Your ability to go from point A to point B – either in your community or across the country – is part of your…

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Module 6Accommodation and Lifestyle

For most seniors the aging process involves changes in our physical, emotional, spiritual, and cognitive condition that may…

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Module 7Putting Your Money to Work as Your Lifestyle Changes

As seniors we typically know the importance of making our money work as effectively as possible for us. Our greatest…

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Module 8An Introduction to Retirement Income Planning

The transition from a lifetime of working, to one of retirement can be difficult for a senior, from both a financial and an…

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Module 9Protecting Your Health and Assets

As a senior, you have worked hard to attain the lifestyle that you enjoy – and part of that lifestyle is based on the…

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Module 10Death of a Spouse or Parent

Death is part of life – but often we do not plan appropriately for this definite outcome. Western society and cultural…

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Module 11Planning for Cognitive Impairment

Our ability to control our destiny, particularly as we age is an important concept for many seniors in Canada. For many…

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Module 12Inevitability – Planning for End of Life

Just as we consider peace, care and comfort for our loved ones as they complete their life journey, we as seniors must plan…

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Module 13Resource Appendix

As a senior in Canada there are a host of resources and supports that are available to assist you as you make money related…

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Module 14Glossary of Terms

As an older adult dealing with new situations we may be exposed to new terms that we do not understand – words that are…

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