Canadian retirees spend an average of $2,400 a month on expenses
“Err on the side that a client may live longer”
Fidelity survey finds that only 37% of Canadians who have an advisor have a written retirement income plan
Canadians have to be ready to readjust their retirement plans to compensate for the fewer number of employment years that would have contributed to retirement income
About a third of pre-retired and retired Canadians have saved less than $50,000 for their twilight years, survey finds
Robert Brown, professor emeritus, University of Waterloo, discusses the actuarial impact of raising the retirement age. He outlines how key future demographics will impact retirement planning. Brown spoke at the CIFPs 2015 annual conference in Vancouver.
Debt levels and a lack of investment knowledge are two “disturbing results” of a survey from Rogers Group
Scotia survey also finds fewer future retirees believe they’ll have to rely on family for financial assistance
Low interest rates and longer life spans are making it more challenging for Canadians to save
New research suggests that Canadian investors need help putting together and understanding their retirement portfolios