Image: Canada © Royalty-Free, Corbis  Planning for retirement
involves a wide range of considerations, from determining the
ideal types of accounts and investments to be included in a
retirement plan to budgeting for future vacation traveling.
Another essential consideration is your desired retirement
destination. While weather and entertainment facilities are
definitely worth considering, the types of financial and health
care incentives that governments provide to their retirees also
carry significant weight.  American and Canadian governments
provide many of the same types of services to those planning for
retirement. Yet there are subtle differences between the two
countries that are worth noting.  RRSP vs. traditional IRA  The
Canadian government offers several unique alternatives that
individuals can take advantage of to avoid paying excessive
taxes. Registered Retirement Savings Plans allow investors to
receive a tax deduction on their yearly contributions, and the
tax-efficient income growth raises th