{"id":553,"date":"2023-09-03T19:10:32","date_gmt":"2023-09-03T23:10:32","guid":{"rendered":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/?post_type=chapter&#038;p=553"},"modified":"2024-11-28T17:38:34","modified_gmt":"2024-11-28T22:38:34","slug":"primary-pillars-to-retirement","status":"publish","type":"chapter","link":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/chapter\/primary-pillars-to-retirement\/","title":{"raw":"Primary Pillars to Retirement","rendered":"Primary Pillars to Retirement"},"content":{"raw":"Building up a diversity of retirement avenues is a great strategy to reduce risk.\u00a0 Accumulating wealth and income in all \u201cthree pillars of retirement\u201d is an analogy usually used to describe the most common sources of retirement income.\u00a0 Think about entire retirement income as sitting on a 3-legged stool.\u00a0 An individual with all three legs of the stool having a substantial base will be much stronger, especially if one of the \u2018legs\u2019 or retirement pillars falls shorter than the others.\r\n\r\nThe most common sources of retirement income to Canadians fall mainly into three categories:\r\n<ol>\r\n \t<li>Government Administered Programs<\/li>\r\n \t<li>Employment Work Arrangements<\/li>\r\n \t<li>Personal Savings<\/li>\r\n<\/ol>\r\n&nbsp;","rendered":"<p>Building up a diversity of retirement avenues is a great strategy to reduce risk.\u00a0 Accumulating wealth and income in all \u201cthree pillars of retirement\u201d is an analogy usually used to describe the most common sources of retirement income.\u00a0 Think about entire retirement income as sitting on a 3-legged stool.\u00a0 An individual with all three legs of the stool having a substantial base will be much stronger, especially if one of the \u2018legs\u2019 or retirement pillars falls shorter than the others.<\/p>\n<p>The most common sources of retirement income to Canadians fall mainly into three categories:<\/p>\n<ol>\n<li>Government Administered Programs<\/li>\n<li>Employment Work Arrangements<\/li>\n<li>Personal Savings<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n","protected":false},"author":1780,"menu_order":9,"template":"","meta":{"pb_show_title":"on","pb_short_title":"Primary Pillars to Retirement","pb_subtitle":"","pb_authors":["anne-lee"],"pb_section_license":"cc-by-nc-nd"},"chapter-type":[48],"contributor":[61],"license":[58],"class_list":["post-553","chapter","type-chapter","status-publish","hentry","chapter-type-standard","contributor-anne-lee","license-cc-by-nc-nd"],"part":164,"_links":{"self":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/chapters\/553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/wp\/v2\/users\/1780"}],"version-history":[{"count":2,"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/chapters\/553\/revisions"}],"predecessor-version":[{"id":702,"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/chapters\/553\/revisions\/702"}],"part":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/parts\/164"}],"metadata":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/chapters\/553\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/wp\/v2\/media?parent=553"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/chapter-type?post=553"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/wp\/v2\/contributor?post=553"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/wp\/v2\/license?post=553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}