Navigating Retirement in Canada
This journey maps the process of navigating retirement planning and benefits in Canada, with a specific focus on challenges faced by low-income families. It covers the Canada Pension Plan (CPP), Old Age Security (OAS), Guaranteed Income Supplement (GIS), and provincial retirement benefits. The journey highlights pain points where financial vulnerability, past fraud experiences, and distrust of institutions create barriers for Canadians attempting to secure their retirement income.
Journey Steps 5 steps
Retirement Planning Tools
Evaluate personal retirement goals, current financial status, and desired retirement age to plan the transition effectively.
CPP Application
Apply for CPP benefits which provide a monthly taxable benefit to replace part of your income upon retirement.
OAS Application
Initiate the application for OAS to receive a monthly payment available to seniors aged 65 and older.
GIS Application
OptionalEvaluate eligibility for additional supports such as the Guaranteed Income Supplement (GIS) for low-income seniors.
Provincial Healthcare Services
Ensure continued healthcare coverage by transitioning to provincial healthcare plans where necessary and understanding available benefits.
Associated Life Events
Retirement
seniors
Recent Simulations
Margaret Thompson
2025-06-03Eleanor Thompson
2025-04-30Ethel Johnson
2025-04-30Marie Tremblay
2025-04-25Marie Tremblay
2025-04-25Identified Gaps
No gaps identified. Run simulations to detect potential issues.
Manage Life Events
Select life events to associate with this journey. Life events help categorize and organize journeys for users.