Planning for retirement is a big feat for anyone, but for a select generation, this task comes with its own unique set of challenges. This population is refereed to as the Sandwich Generation – a segment with a lot of responsibilities – they’re working, supporting their aging parents, raising or supporting children and so much more.
As you can imagine, balancing these competing priorities while planning for you own future can be especially challenging. If you belong to this group, you are not alone, and, more importantly CAAT is here to help you plan for the future without sacrificing the present. In this post we will be showing you just how your CAAT pension is helping you build a financially secure life in retirement so you can focus on the here and now.
One of the challenges facing members of the Sandwich Generation is their ability to save for retirement. For many, this has been kept on the back burner because they are so busy caring for two different generations, as well as themselves, at the same time. A recent survey by The Globe and Mail shows that 20% of Canadians have had to make sacrifices to help care for their parents. And for some, the cost of this caregiving impacts how much and how often they’re saving for retirement. This is where your CAAT pension comes in.
Your CAAT pension makes it easy for you to save for retirement so you can be the best you for your loved ones in the present. It also gives you peace of mind about your future and the opportunity to prioritize your financial wellness despite your other caregiving demands. You also do not have to worry about how long your pension will last because it is designed to be there for you for the long haul, so you know you can rely on it despite rising living costs.
You deserve to feel supported and reassured in knowing you have your financial *stuff* together. Your CAAT pension does just that, and this month is an excellent opportunity to learn more about your BIG deal pension at your own pace and in your own time. Several CAAT resources are available to help you understand your pension’s value and how you can make the most of your membership at CAAT. Whether it is registering for a CAAT webinar, activating your account on the member portal, My Pension, or even taking a Pensionality quiz, see how your pension is working to give you that extra cheese you need to enjoy a financially secure tomorrow.