My parents immigrated to Canada on Christmas Day of 1974 with an infant, a few hundred dollars and a dream for a new future. They devoted their lives to putting their every dollar into educating my siblings and I and providing us a life they only dreamt up growing up in their native homes of India and Pakistan. Planning for retirement was a far-off dream for them. When they neared retirement age, I witnessed first-hand the stress it placed on them to not have the financial security they deserved after a life of working hard and providing for their family. 

retirement, why it pays to retire, retire ready, YMCI’ve learnt from their experience. While my own retirement is still a while away, I know that it is critical to start early. Financial security is important to me. Planning ahead, while not always easy, pays off.

When I close my eyes and think of retirement, I think of financial security, being able to travel and have a studio to paint in. I am a huge fan of the arts and would love a dedicated space in which to explore my creativity. I also think of being able to spend time with my children and grandchildren and being able to help them out financially if/when needed.

The truth is, growing up I didn’t have many examples of financial security within my community of South Asian immigrants. Many of the families we knew were young immigrants like my parents and those with older parents typically all lived together. The elders didn’t have any plans for retirement (from what I knew) other than living with their children. When my paternal grandmother immigrated to Canada in her 60’s, she was a widow. She took turns living with each of her children’s families.

 retirement, why it pays to retire, retire ready, YMC, coffee mug, blogger, journalist, influencer

The concept of retirement was foreign to me and I knew very little about it. I assumed having your parents live with you was the norm when I was a child. I know this is the reality for thousands of culturally diverse immigrant families yet many don’t learn about retirement until it’s too late.

You can accomplish a lot in pre-retirement, the 15 years before you retire. Talk to TD about becoming #RetireReady 

So when you close your eyes and dream about your retirement, what do you see? A beach? The forest? Are you active? Maybe you volunteer? The reality is that retirement is going to be different for all of us. 

Head into TD for a goals-based assessment where they get to know the real you, not the numbers, so you can become #RetireReady today.

Retirement can look different for everyone –nobody’s life is a straight line. Come in for a TD goals-based assessment and begin your path toward becoming #RetireReady  

I am thankful for the lessons I have learnt when it comes to being #RetireReady what are some other examples you can think of to prepare for retirement? Share your ideas in the comments below. 

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Check out the TD Retirement products here.

DISCLOSURE: This post is sponsored by YMC on behalf of TD. All opinions are 100% my own.


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The author Fariha

Fariha is a mom of two, journalist, blogger, social media specialist and digital influencer. She is also an ambassador for Canadian diversity. Her blog specializes in lifestyle, automotive, travel, giveaway and product reviews from a uniquely Canadian perspective. If you are interested in collaborating or promoting your product, service or travel destination, email Fariha: or find her on Twitter @CanadianMomEh.


  1. Great post Fariha! I often worry about my future especially since I’m going to be on disability for the rest of my life. I was smart and jumped on the opportunity to get an RDSP (Disability Savings) from the government with grants & bursaries so it’s a little financial support for later.

    1. Thank you Jason. I’m really glad you were proactive and were able to get the RDSP. Wishing you increasing health and a prosperous tomorrow.

  2. I am already getting my retirement saved up. The more I know I can throw in there the better! I am not retirement ready yet but I’ve got a good start.

  3. It’s definitely a good idea to plan for retirement as early as you can. I like the idea of orienting yourself for the road to retirement.

  4. Good information. We have been saving for a few years and each year add a bit more to the pot. Will probably never be enough but something is better than nothing.

  5. This is a good read! I agree with you, it’s really important to have financial security and to start early. It’s not just for yourself but for your family!

  6. This is really great info. My husband has a 401k and 457, but we were just talking about how we really don’t know if we are using them correctly or how it works when we need them!

  7. I am definitely not ready for retirement. I need to start saving. We are TD clients so we will have to set up an appointment.

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