As – touch wood – we begin to see the end of the COVID-19 pandemic, we ought to begin to see a return to normal, at least in terms of how we save money and how we spend it.

But the pandemic has changed the way we do those things, research by Save with SPP has found.

According to CTV News, the pandemic “has changed grocery shopping forever.”

It’s expected, for instance, that the trend towards online grocery shopping will continue even after the pandemic.

“The online buying, based on the numbers that we have now, I don’t think it’s ever going to go away,” Sylvain Charlebois, director of the Agri-Food Analytics Lab at Dalhousie University, tells CTV. “I think more and more people will continue to buy food online, regularly, whether it’s through order and pick-up or to get the food delivered.”

And it’s not just big grocery stores, the article notes. The owner of a small Nova Scotia-based meat shop says she thinks online ordering and curbside pickup will continue after the all-clear is given on the pandemic.

The Times of India says there are six lasting money lessons from the pandemic that we all can learn.

“One thing that the pandemic has made us all realise is that we can all save way more than we think. We were forced to stop eating out, go shopping, partying, go to movie theatres or concerts etc. While these are the things we will want to do as things slowly go back to normal, we have had a glimpse of how much we can save if we do not indulge in them as often as we used to,” the article begins.

The point of having an emergency fund has been underscored by the pandemic, the Times notes. The job loss many of us experienced impacted our workplace benefits, prompting some to consider self-insuring, the article adds.

The pandemic also shows us the danger of high-interest debt – what happens with it when our work is reduced or outright ended.

“High-interest debt, like credit card or personal loan, is harmful to you financially even when you have a regular paycheque in your hand. The damage caused by them increases many folds if you are out of a job. Further, if you are unable to pay on time, the piling interest rate can increase the debt amount,” the Times tells us.

A Toronto Sun article provides seven tips – aimed at small business owners, but useful for all of us – based on lessons learned from toughing it out during the pandemic.

Keep track of your credit score, and pay down debt, the article advises. Diversify your investments. Stick to a budget, and set up an emergency fund, the article tells us. “You don’t want to be caught off guard when it comes to unexpected expenses,” we are told. Finally, the Sun says, get back on track with your retirement savings.

There’s a general theme to these messages, and it is a good one to listen to. We’ve been limited on spending, and are often involuntarily saving more, for more than a year. A spending “explosion” is expected when things are fully reopened. The experts here are warning us not to go overboard, to follow a budget, to continue to save, and to wade, rather than jump, back into the re-opened economy.

Retirement saving is a great thing to be doing in good times or bad. With the Saskatchewan Pension Plan, you are in control of how much you want to contribute to your future retirement. If money is tight, you can gear down; if money is more plentiful, you can contribute more. And the money you do contribute will be professionally invested for you. It will be waiting once you punch the timeclock for the last time. Check out SPP today.

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In Japan, has 70 become the new 60?

Here in Canada, 70 is the latest you can start taking your Canada Pension Plan payments, and a date when you can begin thinking about what to do with your registered retirement savings plan.

But in Japan, according to HRMAsia, it’s the new retirement age – up from age 65.

Companies, the magazine reports, will now be “required to retain workers until they are 70 years old.” The reason for this legislative change, we are told, is two-fold. Due to the fact that Japan has a falling birthrate and an aging population, there’s a labour shortage. The aging population is also driving up the cost of pensions, the article notes.

The legislation’s main focus is allowing workers to stay on the job longer. The old retirement age of 65 is no more, the article says, and legislation permits workers to stay on past the new, higher age limit of 70, or to work in retirement as freelancers.

It’s an interesting decision. Here in Canada, there was talk at one time – and later, federal legislation – that would have moved the start of Old Age Security to age 67, for some of the same reasons the Japanese are citing. While the present government reversed this plan, we are now experiencing some of the same issues Japan is experiencing. It’s something to keep an eye on.

Could we see an era of super inflation once again?

When we tell the kids that we once lived through an era where wage and price controls limited our pay raises to six per cent – and where mortgages and car loans had teenage interest rates attached to them – their eyes doubtless glaze over at this litany of impossible-sounding boomer factoids.

Could the crazy interest rates we saw in the ‘80s ever return?

One U.S. professor says yes. Speaking to CNBC in an article carried in Business Insider, Prof. Jeremy Siegel of Wharton says “I’m predicting over the next two, three years, we could easily have 20 per cent inflation with this increase in the money supply.” The increased money supply Stateside is due to “unprecedented” fiscal and monetary stimulus, he states.

Money supply is up 30 per cent since the beginning of 2021.

“That money is not going to disappear. That money is going to find its way into spending and higher prices,” Siegel states in the article.

“The unprecedented monetary expansion, the unprecedented fiscal support, you know, I think excessive, was first going to flow into the financial markets, into the stock market, and then once we’re reopening, and we’re right at that cusp, it was going to explode into inflation,” he concludes.

When you’re saving for retirement, it’s usually a very long-term deal. You may not starting drawing upon any of your savings until you are 70, and there’s a chance you will still be banking on retirement money until you are in your mid-90s. So a balanced approach, a portfolio that has exposure to Canadian and international stocks, bonds, real estate and other sectors is the way to go to avoid having all your nest eggs in the same basket. If you don’t want to take on nest egg management yourself, rest assured that the Saskatchewan Pension Plan is there to manage things for you. Their Balanced Fund has averaged an impressive eight* per cent rate of return since the plan’s inception 35 years go.

*Past performance does not guarantee future results.

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We always remember arriving at grandma’s house in Saint John, NB, back in the ‘60s, and being treated to homemade pickles, chow-chow, and even mayonnaise. Grandma’s house was fill of jams, jellies, and other preserves, and their impressive vegetable patch featured herbs, carrots, and much more.

Grandma bolstered her grocery supply with home cooking, preserves, and garden produce.

Save with SPP took a look around the Interweb to see if anyone else has gathered together saving tips from their grandparents – and we found quite a few.

At the Koho.ca blog, writer Brittany Bell lists budgeting – our grandparents knew enough to spend less than what they brought home – as well as prudent spending, and finding “simple ways to save.”

Other old-school saving ideas include coupon clipping, saving your change, buying grocery items in bulk and taking advantage “of all available deals and discounts” when shopping online or offline.

The A Cultivated Nest blog adds a few more.

Make your own, the blog advises – you can create your own “cleaning supplies, your own DIY beauty products, your own gifts.” We learn again about growing your own herbs and making your own preserves, but there’s also the idea of “cut your own” which makes sense – buy a watermelon and cut it up, and do the same with a whole chicken. Every cut made at the grocery store by staffers will cost you, the blog advises.

Other good tips include using cash and not credit, to “repair or upcycle” things rather than just throwing them away, and to consider buying used instead of new.

Country Living magazine rolls out some additional ideas.

Buy direct from the farmer, the article advises. Learn to sew so you can save on tailoring costs and minor clothing repairs. “Make meat an accent,” rather than the bulk of your meal plan, we learn. Make soup more often, we are told – it is filling, nutritious, and an easy way to use up leftovers. Start saving – “it’s never too late” and make it automatic, the article continues.

Finally, the article says, “eat in,” and enjoy your own cooking while saving money.

These all ring true when we think of our grandparents. As far as we can remember, none of them used credit cards – if they had them, they were for an emergency. They didn’t have lines of credit on their houses. So, when they wanted something, they had to save up for it. These are all still sensible ideas today.

If you want to retire, you’ll have to save up for it. If you have a pension plan at work, great – that’s a big part of the battle. But if you don’t, or if you want to augment your workplace savings, check out the Saskatchewan Pension Plan. The SPP gives you all you need to make your retirement savings plan automatic – you can make contributions automatically from your bank account, and increase them over time as you earn more. What you chip in is professionally invested at a very low cost, and can – when you retire – be paid out to you in the form of a lifetime annuity. Check out the SPP, celebrating 35 years of operations, today!

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The Saskatchewan Pension Plan (SPP) Board of Trustees is pleased to announce the appointment of Shannan Corey as Executive Director of the Plan effective June 1, 2021.

Coming to us with 30 years’ experience, Shannan spent many years in the actuarial pension industry managing complex pension challenges for a broad range of clients, accumulating deep expertise working with legislation and pension administration operational needs. After obtaining
her professional HR designation, she enhanced her experience over the last 10 years through broader consulting and private industry sector roles. This enabled her to pursue her passion of providing innovative and relevant services to members by taking on key roles with other pension-focused member service organizations in Saskatchewan.

Shannan’s formal training includes a Bachelor of Science Degree in Mathematics from the University of Saskatchewan, and Associate Actuary and CPHR designations.

This appointment is as a result of the retirement of Katherine Strutt on July 31, 2021. Ms. Strutt led the organization for more than 30 years, guiding the Plan through several eras of change and enhancement.

The Board looks forward to continued success of the Plan under Ms. Corey’s leadership and thanks Ms. Strutt for her service and dedication to SPP.

SPP is a voluntary defined contribution pension plan established by the Government of Saskatchewan. It offers an alternative for small businesses that do not offer their own pension plans, provides cost-effective professional investment management of retirement savings, and allows employees full portability of pension savings between employers.

Bonnie Meier
Director of Client Service
bm****@sa*********.com
306-463-5419

Will some Canadians stay frugal and keep saving – even after the pandemic?

An interesting report from BNN Bloomberg suggests that a significant chunk of us Canadians plan to carry on being savers – and trimming back on spending – once the pandemic is over.

The report cites recent Scotiabank research, which found that 36 per cent of those surveyed “are planning to eliminate unnecessary spending from their lifestyle,” and a further 28 per cent “will continue to build their emergency fund.”

Scotiabank’s D’Arcy McDonald is quoted in the article as saying there is a “record number of deposits in Canadians’ bank accounts.” He further states that this stash of cash “presents a huge opportunity, especially for the sectors hardest hit by the pandemic, like travel and hospitality.”

In plainer terms, he’s expecting Canadians will spend that cache of cash on things they haven’t been able to do, like jumping on a jet plane, or even taking friends out for dinner. And the research seems to bear that out – but with more than a third of respondents promising NOT to spend money like they did before, and nearly 30 per cent more putting money in long-term savings, one wonders if it will play out like bankers and politicians expect.

A higher savings rate is never a bad thing. As recently as 2017, according to the CBC, the national household savings rate was about 4.6 per cent, and 65 per cent of Canadians said they were saving for retirement.

Jump ahead to 2020, and – according to the National Post – we have a national savings rate of 28.2 per cent, and an estimate cash stockpile of $90 billion. And that number solely looks at savings accounts, the article notes – if invested dollars were counted, the number would be even higher.

Are any of the excess dollars being earmarked for retirement?

It would appear so. According to the Canada Buzz blog, the average registered retirement savings plan (RRSP) balance in Canada is around the $100,000 mark – it averages $92,000 and change in the Prairies and hits $116,000 in Alberta. B.C. weighs in at $96,000-plus and Ontario leads at $128,000.

The pandemic has been a nightmare for some of us, who have seen jobs and paycheques dry up, or who have been forced to close businesses. Retirement savings is of course not a priority for this group. But if you are someone who has managed to keep working throughout the crisis, and have built up some extra savings, don’t forget about your retirement savings account. Those dollars will be handy for the retired, future you.

The Saskatchewan Pension Plan, celebrating its 35^th year of operations, is of course a logical destination for any excess cash you may want to earmark for the future. SPP invests the contributions on your behalf, and at retirement, can convert your invested dollars to a retirement income stream. Check them out today!

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Recent changes to the federal Old Age Security (OAS) program, including two one-time extra payments of $500, and a plan to increase the program’s payout by 10 per cent for those 75 and over, shouldn’t impact Ottawa’s ability to sustain the program.

So says Sheila Block, chief economist for the Canadian Centre for Policy Alternatives (CCPA), Ontario branch.

On the phone to Save with SPP from Toronto, Block notes that unlike the Canada Pension Plan (CPP), OAS isn’t funding through contributions and investment returns like a private pension plan – it’s a government program, paid for through taxation. So, she says, if planned changes go ahead there is “absolutely… the capacity for the government to afford it.”

While OAS is a fairly modest benefit, currently about $615.37 per month maximum, Block notes that it has an important feature – it is indexed, meaning that it is increased to reflect inflation every year.

“This acknowledges that a lot of retirees’ pension plans are not indexed,” she explains, or that they are living on savings which diminish as they age. An indexed benefit retains its value over time.

Many people who lack a workplace pension and/or retirement savings will receive not only the OAS, but also the Guaranteed Income Supplement (GIS), which is also a government retirement income program. OAS and GIS together provide about $16,000 a year, which is helpful in fighting poverty among those with lower incomes, she explains.

“OAS was not designed to support people on its own,” she explains. “And the GIS is an anti-poverty measure that supplements OAS. As we see fewer people with defined benefit pensions or adequate retirement savings, there is an argument to increase OAS, for sure.” But, she reiterates, the OAS is more of a supplement than it is a program designed to provide full support.

As well, she notes, many getting OAS and GIS also get some or all of the CPP’s benefits.

Save with SPP noted that much is made about the OAS clawback in retirement-related media reports. But, Block notes, in reality, the threshold for clawbacks is quite high. The OAS “recovery tax” begins if an individual’s income is more than about $78,000 per year, and you become ineligible for OAS if your income exceeds about $126,000, she says.

A 2012 research paper by CCPA’s Monica Townson, which made the case then that OAS was sustainable, noted that only about six per cent of OAS payments were clawed back.

Citing data from the Canada Revenue Agency, Block notes that today, only about 4.4 per cent of OAS payments are “recovered” through the recovery tax.

We thank Sheila Block for taking the time to talk with Save with SPP.

Retirement security has traditionally depended on three pillars – government programs, like CPP and OAS, personal savings, and workplace retirement programs. If you don’t have a workplace pension plan, you’re effectively shouldering two of those pillars on your own.

A program that may be of interest is the Saskatchewan Pension Plan. This is an open defined contribution program with a voluntary contribution rate. You can contribute up to $6,600 per year, and can transfer up to $10,000 from your registered retirement savings plan to SPP. They’ll invest the contributions for you, and when it’s time to retire, can help you convert your savings to income, including via lifetime annuity options. Check them out today!

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TFSAs are great, but may not be ideally suited for retirement savings: MoneySense

Writing in the Toronto Sun, MoneySense writer Joseph Czikk opines that the rise of the Tax Free Savings Account (TFSA) may spell trouble for the venerable Registered Retirement Savings Plan (RRSP).

He writes that the TFSA has been “a huge hit” since its inception in 2009, with more than two-thirds of Canadians now the proud owners of accounts.

“But,” he writes “there’s reason to suspect that the TFSA’s popularity is growing at the expense of the RRSP, and if that’s true, it should lead many Canadians to rethink how they plan to invest for retirement.”

Before 2009, he explains, the RRSP was the chief retirement savings tool for Canadians.

“RRSP contributions aren’t taxable, which incentivizes people to top up the accounts every year. The more money you put into your RRSP, the less tax you’ll pay,” the article notes.

When Canadians stop working, the article explains, they “generally convert their RRSP balance to a Registered Retirement Income Fund (RRIF), which they then draw from to cover expenses.” Money coming out of the RRIF is taxable, but “the idea… is that you’ll probably be in a lower tax bracket in retirement than you were in your career, meaning you’ll get to keep more of the money than you otherwise would have.”

Then, Czikk notes, “along came the TFSA,” which works opposite from an RRSP. No tax break for putting money into a TFSA, but no taxation when you take it out, the article adds.

There are tax penalties for robbing your RRSP savings before retirement, but with the TFSA, not so much.

“You can see how such an account — which could be drawn upon like any bank account and which sheltered capital gains — would become popular,” he writes.

“And so it went. Just eight years after TFSAs came on the scene, their aggregate value rocketed to match 20 per cent of RRSPs, RRIFs and Locked-In Retirement Accounts (LIRAs).”

But, the article says, there are unintended negative consequences with the TFSA.

Quoting The Canadian Tax Journal, the article notes that $4 of every $10 that would otherwise have gone to an RRSP are now going to TFSAs. The number of Canadians contributing to RRSPs is in decline. And, the article says, that’s a problem.

Research from BMO suggests that Canadians need about $1.5 million in retirement savings to retire comfortably, the article says. And while for some a TFSA could get you there, the fact that there are no withdrawal rules is posing problems, the article says.

Prof. Jonathan Farrar of Wilfrid Laurier University is quoted in the article as saying “we’re seeing that … a lot of people are not using it for retirement. People are using the TFSA as a bank account instead of an investment account, from which you make a very rare withdrawal.”

“Part of the genius of the RRSP is how it disincentivizes people from taking money out before retirement. The TFSA lacks that aspect,” the article adds.

If you rob your retirement nest egg before hitting the golden handshake, the article concludes, you’ll have to rely more on government income programs like the Canada Pension Plan and Old Age Security. The government is thinking about creating a TFSA that has withdrawal rules more like an RRSP to address this problem.

Save with SPP once spoke with some Australian colleagues. There, everyone gets put in a mandatory defined contribution pension plan where their employer makes all the contributions. But, as with a TFSA, there aren’t any strict rules on withdrawals – so you could take all the money out and buy a house, for instance. In a strange paradox, a country with one of the highest rates of pension plan coverage has experienced senior poverty and a heavy reliance on the means-test Age Pension – and the lack of withdrawal rules may be to blame.

TFSAs are awesome, for sure, but perhaps not ideally suited for retirement savings. The tried and true approach may be a better path. The Saskatchewan Pension Plan operates similarly to an RRSP, but has the added feature of being a locked-in plan. You can’t crack into your SPP early, meaning there will be more there for you when you don’t have a paycheque to rely on.  Be sure to check out SPP – delivering retirement security for 35 years – today.

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Grow Your Money, by Bola Sokunbi, is part of a series from CleverGirl Finance on helping women manage money, in this case, investments.

And while women are the intended audience, there’s a lot of great advice for everyone in this well-written book, which while U.S. focused, does explain Canadian investing and retirement ideas as well.

Sokunbi starts by saying those who are fearful of investing should realize that “investing is like learning a different language.” And once you are familiar with that language, “you can get the hang of it, and really grow your money.”

After all, she notes, the only ways to make money are by working or investing. The latter can be a lot less difficult, the book notes.

Women, who traditionally earn between 58 to 87 per cent of what men earn, typically end up with $430,480 less than men over their working lives. “This is not okay,” writes Sokunbi.

Worse, while women are better savers than men, they tend to be very conservative, put 70 per cent of their savings in cash, and may not sign up for retirement savings plans at work, the author notes. That can mean leaving free money on the table, she warns.

Sokunbi provides an overview of the U.S. and Canadian stock markets, and then explains how compounding – whether it is interest, dividends, or capital gains – can help your investments earn more money. She explains the rule of 72 can tell you how quickly you can double your money through compounded rates of return – if you are averaging a five per cent rate of return, you can double your money in 14.4 years, she notes.

She sees a few conditions you need before starting off on investing, including have a steady income, the ability to meet your financial obligations, emergency savings, and no high-interest debt.

Good choices for beginning investors are managed mutual funds, index funds, and exchange-traded funds, she explains. With managed mutual funds, “a fund manager… make(s) investment decisions for the fund and set(s) the fund objectives, with the main goal of making money” for investors. Index funds are “passively managed,” where its component investments match the components of a market index. Exchange-traded funds are similar (passive) but may be focused on other market sectors and indices.

Index and ETF funds – passive – have lower investment costs, typically less than one tenth of one per cent. A managed mutual fund is generally in the one to two per cent range because you are paying for active management, she explains.

You can invest with a full-service broker, a discount broker, or an online broker/robo-adviser, she says. Again, fees are based on the level of service.

When researching what to invest in, look at the company or fund’s financial situation and future plans, its historical performance, its objectives and its expenses and fees, writes Sokunbi.

Another good idea is to practice before you put your toe in the water – most financial institutions offer “practice simulation accounts,” where you can try your investment ideas before you buy.

Things not to do include waiting around to invest (“time is your biggest asset and the best time to start investing is right now”), getting emotional with investing, timing the market, expecting “overnight returns” on investments and not thinking about taxes for the long term.

This is a great read. The tone is friendly and informative, there are charts and examples, and even testimonials to move you along from concept to concept. It’s well worth checking out.

The Saskatchewan Pension Plan operates much like a managed mutual fund, but with fees of less than one per cent. That low investment management fee means more money in your SPP account, particularly over time. Why not take advantage of the SPP as a key retirement tool today, as the plan celebrates its 35^th anniversary in 2021?

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Knowing what you really need as retirement income is key: My Own Advisor

Poll after poll seems to confirm the idea that Canadians think saving for retirement is a good thing – whether or not they are actually doing it.

But the My Own Advisor blog notes that unless you really understand what your retirement income needs are, you could actually be saving too much for retirement.

The blog starts by rolling out the party line on retirement saving – “live within your means; maximize savings to registered accounts like the registered retirement savings plan (RRSP) and tax-free savings account (TFSA) – then consider taxable investing;” then keep investment costs low.

“Rinse and repeat for 30 years,” the blog notes, and “retire with money in the bank.”

All good. However, the blog warns, there is an important question you must know the answer to before you begin drawing down your retirement income – “how much is enough?”

“When it comes to you, only you know what you need or want from retirement,” the blog explains. And figuring this out is not easy – the blog says it is akin to “putting together a 10,000-piece jigsaw puzzle.”

The blog says you need to thinking about the overall picture – your income from all possible source. If you have a pension at work, will you take it as soon as you can? When should you draw down your RRSP assets? Or should they be kept intact and rolled into a RRIF? Should you consider an annuity?

The blog then asks when you should start accessing any TFSA funds, the Canada Pension Plan, and Old Age Security. “Dozens more questions abound,” the blog says.

Some people, the blog says, “don’t know any of these answers, and err on the very conservative side.” The blog then publishes a nice exchange between the blogger and a retired reader in Germany, who makes two key points – “you don’t need as much as you think,” and “your cost of living steadily decreases as time wears on.” The reader also states that “every senior I’ve spoken with reminds me they are living on substantially reduced incomes, but with no differences in their standards of living.”

These are all great points, and very accurate, based on what we’ve observed since leaving the full time workforce nearly seven years ago. None of our friends and neighbours have had to make radical changes in their lifestyles due to retiring, but we all certainly spend a lot more time talking about taxes than we used to! So you do tend to just adjust to the reality of living on less, and after a while, it’s OK.

The article mentions annuities as an option – and if you’re a Saskatchewan Pension Plan member, they are an option for you as well. There are a couple of great things about annuities. First, you know exactly what you’ll get each month – and can provide for survivors if you wish. Second, you don’t have to worry about the markets – whether they are up or way down, you get the same income. Third, it’s a lot simpler for tax planning – your income is known in advance, not based on some percentage of your declining assets. Check out SPP today.

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With an end to the pandemic in sight, we are all hopeful that things are about to start returning to normal.

One trend that’s been happening since last year, reports Global News, is “young adults (being) forced to move back in with their parents.”

Factors like campus closures or lack of employment are reasons why the kids may return to the nest. Another factor might be the fact that housing is so unaffordable these days.

What should parents do to make the best of such a situation?

Noted financial author and commentator Kelley Keehn recommends setting “some ground rules” before the kids move back in.

“Are they paying rent? If they’re unemployed are they looking for work? When they do get back on their feet do they need to pay back the bank of mom and dad?” she states in the article. If these details aren’t clear right off the top, “resentment can set in,” the article warns.

The trend of kids returning home is big south of the border as well, reports the Huffington Post. Numbers of Americans aged 18 to 34 returning home are rising, and parents – who might have been thinking of downsizing – are now thinking about going bigger on their homes to make room for the kids.

A total of 26 per cent of millennials live with their parents in the U.S., up from 22 per cent before the recession of 2007, the article notes.

But there’s good news – the kids moving home are taking advantage of the situation to boost their education, and ideally snare a better job, the article concludes.

The PsychCentral blog says there can be a lot of positives for the relations between parents and kids when they move home, but parents need to stay calm about the unexpected change.

“Don’t freak out,” the publication advises, and blame the kids for not trying hard enough to be independent. Have conversations about “what is OK and what isn’t OK” in your house, and remember your kids aren’t teenagers and will be expecting more freedom than in the past. Try to make sure the kids are contributing, even in some small way, towards the costs of living, and set up a timetable for their stay, the article adds.

WebMD expands on that point, advising us not to “fall back into mommy mode” and realize that the now adult kids have “different attitudes, needs, and eating, sleeping or partying habits than they did when they were younger.”

Save with SPP can add this important thought for parents – the kids are almost certainly doing this move as a last resort. Few adult children truly want to move home. So, if you do get a second chance to live with your kids, make the most of it – you’re helping them to get ahead in life by doing so.

Do your kids have a pension plan at work? If not, the Saskatchewan Pension Plan may be a smart option for them. A truly end-to-end retirement program, SPP takes your contributed dollars, invests them professionally and at a low cost, and then can convert those invested savings into a lifelong pension when you reach the golden handshake. SPP has been securing retirement futures for 35 years now – check them out today.

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