The Five Ages of Can’t

Up to Age 30
I can’t save now. I’m just getting my start in life. I don’t make a lot yet and I am entitled to a little fun when I am young. There is plenty of time. Wait until I start making a little more money. Then I’ll save…

Age 31 to 45
I can’t save now. I have a growing family on my hands. Children and a house cost a lot of money. It takes all I have to keep them going. As soon as they are a little older, it’ll cost less. Then I’ll save…

Age 46 to 55
I can’t save now. I’ve got two children in college. It’s all I can do to pay their expenses. In fact, I had to borrow for their tuition last fall. This is the most expensive period of a person’s life. I can’t save a penny…

Age 56 to 65
I can’t save now. I know I should but things aren’t coming together like I thought they would. It’s not easy for a person my age to step out and get a better job. I’ll have to ride along where I am. Maybe something will break…

Age 66
I can’t save now. We’re living with my son and his wife. My Canada Pension doesn’t go far. I wish I had started saving 20 years ago but it’s too late now. You can’t save when there is no income.

Keeping your best interests on mind!
Debbie McCulloch is the President of the Whitby East MC Wealth Management and can be reached at 905-430-4651.