Nearly a quarter of Canadians plan to use their homes as their primary source of income after they leave the workforce, shows a Sun Life survey.
Only 32%of Canadians who hold stocks in their retirement portfolios plan to invest in foreign markets, shows a poll from CIBC Asset Management. However, 44% say their main objective is long-term growth—underscoring the need to diversify.
Some Budget 2014 stories about wealthy clients, retirees and tax changes.
Right now, Canadians have more than $1 trillion in individual retirement savings.
Some U.S. employers, including Facebook and JPMorgan Chase, are reducing their 401K plans. This is making it harder for employees to save for retirement, reports Bloomberg. These companies are scaling back the amount and timing of matching these plans. Some are even lowering the limits for annual payments. Read more. Saving enough for retirement is […]
While 80% of Canadians nearing retirement believe they’ll choose when they leave their careers, in reality 41% of retirees say they left sooner than expected.
Canadian couples are not on the same page in terms of who they feel is the lead decision maker on retirement planning issues shows BMO's fourth-annual Valentine's day RRSP study.
The key to creating sustainable income is to use current income to create more money today and in the future. Here's how.
There’s good news in Budget 2014 for people on the verge of retirement.
A BMO study finds 41% of men think they're in charge, compared to 32% of women.