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Rules for retirement

Put money away while you're earning it. Spend less than you make. Don't carry credit card debt. Make regular RRSP contributions. Focus long-term and invest conservatively. Don't rely on government pensions. Consolidate debt. Don't put off saving indefinitely.... In this CBC-TV clip from The Journal, four retirement savings experts offer an array of guiding principles that may ensure your financial future in your golden years. They emphasize buying RRSPs, and avoiding procrastination.
• On her website, Gail Vaz-Oxlade calls herself a money maven. She has written 10 books on personal finance, including The RRSP Answer Book and hundreds of articles for the financial media. Vaz-Ozlade has also published a financial magazine for women and hosted two prime time TV shows. Her website also says she's written a couple of children's books, not yet published, and a novel.
 

• David Chilton's advice doesn't focus squarely on money. As evidenced in is his bestselling book The Wealthy Barber, he focuses on gaining financial perspective, believing in yourself and overcoming your mistakes. His unique style and humour is on display in this 2009 clip from CBC-TV's The Hour.

• Merv Unger is the author of Today's Times, a B.C. newspaper for those nearing retirement. He has been a sports writer for the Winnipeg Free Press, a wrestling referee in Saskatchewan and Manitoba, a TV host and wrestling promoter. He hails from Winnipeg but resides in B.C., where he works as a business newspaper publisher.

• Iconic CBC host Barbara Frum died about six weeks after this interview, following a years-long battle with leukemia.  Colleagues remember Frum in this CBC-TV clip.

Medium: Television
Program: The Journal
Broadcast Date: Feb. 13, 1992
Guest(s): David Chilton, Merv Unger, Gail Vaz-Oxlade, David Walker
Host: Barbara Frum
Duration: 13:47

Last updated: February 9, 2012

Page consulted on March 28, 2012

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