When Americans move to Canada, one of their primary concerns is whether they will have enough income to retire comfortably in Canada, given the generally higher taxes north of the border as well as the potentially higher cost of living.
An ideal way to determine whether US persons will have enough money to retire comfortably in Canada is to work with a cross-border financial planner who can perform a cash flow analysis.
A cash flow analysis takes into consideration your projected income from all sources as well as your total projected expenses. By making assumptions about your future, you can make wise financial planning decisions today that ensure your long-term comfort in Canada.