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I was told that to make $100,000 in my retirement, I'll have to start putting $3,000/month into a 3% return RRSP. Which obviously means I'd have to live like a hermit between now and retirement.
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You said you had a $70,000K pension, meaning you need to make up $30,000K a year. And the suggestion is you need to save $36,000 a year?
Am I missing something here! Are you expecting to live to 110?