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High debt threatening for retirement

Canada, January 27: Are you a couple in your 40s with limited income, two teenaged children to raise and a heavy debt to finance the recently bought retirement house? Well, that sounds alarming as piling too much debt can prove to be taxing, especially for your retirement.

Not Income level, Net Worth of Average Canadian is higher by 7%

Today, when landing in a job is just as tough as it was earlier and the pay packets as small as earlier, it is difficult for a common man to agree that the recession is over.