19 upvotes, 1 direct replies (showing 1)
View submission: Living with no Retirement money
I'm not retired yet, and am in Canada, but believe me, it's mine and my wife's biggest concern. We thought we were going to be fine, and then inflation, especially post covid, and the weakening of our Canadian dollar vs almost every other currency, especially the US greenback has us concerned. Luckily for my dad, there is rent control here and subsidized housing. So he actually has a decent and safe apartment for 30% of his taxable income.
Comment by LLR1960 at 06/02/2025 at 02:22 UTC
1 upvotes, 1 direct replies
Why would the exchange rate be a concern?