This article highlights the importance of comprehensive financial planning for retirement in Canada, focusing on resource management, investment strategies, healthcare costs, and lifestyle needs. It emphasizes a strategic approach to ensure financial security and an active, fulfilling retirement life.

During high inflation, Canadians can reduce personal debt by budgeting, prioritizing high-interest debts, seeking professional advice, using digital tools, and boosting income. Debt consolidation, strategic expense management, and building an emergency fund are vital for enhancing financial resilience and stability amidst rising costs.