Most older Canadians are not considering adjusting their lifestyle for a longer retirement, but many wonder whether they will have enough money for this phase of their lives
Study suggests that delaying retirement is a powerful way to boost retirement income
Misconceptions about debt and home equity can give clients a false sense of security
Women, millennials and independent contractors, the latter of whom will make up 50% of the workforce by 2050, need help in planning for their retirement, Mercer argues
More than three quarters of retired Canadians who have had a financial planner for at least a decade are happy with the level of funding they have for their twilight years
Asset allocation is based on specific retirement dates
Most Canadians aged 55 lack of confidence in retirement planning and being able to sustain their lifestyle in retirement, Mackenzie study finds
Clients who put off receiving CPP and OAS payments can reduce their longevity risk. These clients will need other sources of income to bridge the gap until they begin collecting those benefits
Persuading millennial clients to start saving for retirement while they're young can be difficult. But even small, regular amounts can add up impressively over decades
A question frequently asked by clients who face imminent retirement is: “Will my money last?” A proper response from a financial advisor requires examining several issues that could affect the client and determining whether guaranteed products can fit into his or her portfolio. With interest rates at historically low levels and financial markets volatile, many […]