Mr. S has been working with Sen Co. based in Toronto as a technical consultant for the last 15 years. He has always lived in Canada and plans to continue living here. He was born in January 1958 with an annual income from all sources (before tax) is $85,000. He has an annual retirement income goal of $72,000. He has a Defined Benefit pension from his employer; he will receive an annual pension of $30,000 at age 65. His CPP monthly retirement pension estimate (at age 65) indicated is $800. He plans to receive your CPP benefit at age 65. He plans to stop working when he start receiving your CCP. He has a RRSP which is valued at $60,000. He contributes $2,000 to the RRSP annually. He will stop receiving income from the RRSP at age 85. The RRSP has an average annual rate of return of 5%. He has no other retirement savings (such as a Tax-Free Savings Account) TFSA. After retirement, Mr. S. will be living in Canada when he reaches age 65. He plans to receive the OAS pension at age 65. Based on the information given above prepare a summary of retirement plan and answer