Difficult Financial Reality for Seniors During Pandemic
Channel: Senior Wise Patriot
Date: 14/05/2020

Welcome back to Senior Wise! In this episode Burk Hein talks about the difficult financial situation that many seniors are being put in due to the Covid-19 Pandemic. This includes a discussion of Inflation, Interest Rates, and the erosion of Savings.


Links to Referenced Information:


https://www.google.ca/search?source=hp&ei=O1u9Xs6fAeTptQbdqL_IBw&q=how+many+seniors+in+canada&oq=How+many+seniors&gs_lcp=CgZwc3ktYWIQARgAMgIIADIFCAAQgwEyAggAMgIIADICCAAyAggAMgIIADICCAAyAggAMgIIADoHCAAQRhD7AVD5dljfqgFghtUBaANwAHgAgAFxiAHpCpIBBDEzLjOYAQCgAQGqAQdnd3Mtd2l6sAEA&sclient=psy-ab


https://www.ctvnews.ca/politics/not-unthinkable-that-canada-s-debt-could-hit-1-trillion-this-fiscal-year-pbo-says-1.4936622


https://www.cbc.ca/news/politics/seniors-supports-covid19-1.5565743


https://www.investopedia.com/articles/retirement/052616/how-inflation-eats-away-your-retirement.asp 



https://www.moneysense.ca/save/investing/what-are-negative-interest-rates-explainer/


https://budget.gc.ca/2016/docs/plan/ch8-en.html#_Toc446106870



Music: Bensound


www.bensound.com