Want to Build Your Own Pension? Here's How Canadian Dividend ETFs Can Help

Canada's retirement income includes the Canada Pension Plan and Old Age Security, but these may not cover all expenses. Workplace pensions help but are less common. Building a personal income stream through dividend-paying stocks in a Tax-Free Savings Account (TFSA) is beneficial, as TFSA withdrawals are tax-free and don't affect OAS clawbacks. A diversified dividend ETF offers monthly income and diversification, though payments aren't guaranteed.