As you approach retirement age, it’s important to carefully plan and manage your finances in order to ensure a comfortable and stress-free retirement. This is particularly true for Canadian retirees, as there are specific considerations and opportunities that are unique to this demographic. Here are some essential tips to help you navigate the world of financial planning as a Canadian retiree.First and foremost, make sure to take advantage of any government benefits available to you. For example, Canada Pension Plan (CPP) and Old Age Security (OAS) are important sources of income for Canadian retirees. It’s crucial to understand the eligibility requirements and how to optimize these benefits to maximize your retirement income. Additionally, consider the tax implications of receiving these benefits and how it may impact your overall financial plan. Another key aspect of financial planning for Canadian retirees is ensuring that you have a diversified portfolio. This means spreading your investments across different asset classes such as stocks, bonds, and real estate. This strategy helps to mitigate risk and provides a more stable and consistent source of income in retirement. It’s also important to regularly review and adjust your investments as needed, taking into account factors such as market conditions and your personal risk tolerance. In addition to government benefits and a diversified investment portfolio, it’s crucial to have a well-structured and realistic budget in place. This will help you manage your expenses and ensure that your retirement income is sufficient to cover your