Millions of Canadians are about to turn 65. Will you be ready for the retirement boom? Learn more about products that could be helpful. Watch Tina Di Vito, head of BMO Retirement Institute, outline stragies for helping your clients. Find out how advisor compensation may evolve.
February 22, 2012As baby boomers retire, their needs will become more complex, requiring advisors to reorient their strategies
Tina Di Vito, head of the BMO Retirement Institute and author of “52 ways to Wreck Your Retirement... and how to rescue it” discusses the de-accumulation challenge advisors will be facing as boomers retire in record numbers. With over 10 million Canadians reaching the age of 65 within two decades, Di Vito outlines strategies for this client demographic. She spoke with Investment Executive reporter Megan Harman at the TMX Broadcast Centre in Toronto.
The gap between retirement and end of life is growing, and many clients want products that will ensure they never run out of money
The huge number of Canadians retiring soon means advisors must be ready to have different client conversations
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