Four ways to help clients live within their means
Polls differ on whether Canadians will spend more or less
The conventional idea that retired clients can withdraw 4% of their capital annually and not outlive their savings is being revised. Instead, retirees should cut back spending when it is appropriate, or risk running out of assets
Annual spending of more than 2% of savings may be unsustainable
Atlantic Canada residents the most generous, Quebeckers the most frugal
Finding common ground with a spender/saver couple
First drop since survey introduced in 1997
Household net worth edges lower in Q2: StatsCan
Too many competing demands trump savings
Consumer fundamentals are weaker than they have been in almost 15 years