Moonshine Lunch Run 2017 - A brief report

[Nortoon_imp]

I doubt I would have had the good sense to put money way for my retirement when I was young. Fortunately both my wife and I have Federal Government pensions with free lifetime medical benefits.

In Canada there is no income tax deduction for mortgage interest. So like our parents, the baby boomer generation paid off their mortgages as soon as they could. Most also paid the any credit card bills at the end of the month in order not to pay interest. So we retire with pensions, owning their own home, and no debt.

Unfortunately now very few employers have pension and medical benefit packages. Many in the younger generations are also less concerned with debt and retirement, or just cannot afford to do anything about it.