MFS Investment Management Canada has altered its LifePlan target date funds.
Members of Gen X and Gen Y exude a sense of confidence about achieving key financial goals despite the obstacles they're facing, shows a report by BMO’s Wealth Institute.
Your boomer clients are retiring, so they’re going to be spending the money in their portfolios. Most clients need to stay invested—and do well—if they’re to meet retirement spending targets. But some can’t handle the risk needed to fund all their lifestyle goals. You’ll be the one who delivers this news. Here are some strategies for making the message click.
More than half of Canada’s future retirees (55%) are comfortable that they are on track to achieve their retirement goals, on par with 2012 results (53%), according to a Scotiabank poll.
In Canada 43% of seniors 65 or older are single, says Statistics Canada, and those who didn’t plan to be alone in retirement could be facing financial hardship, says BMO.
There are stark differences among Canadians on the stress and anxiety that comes from thinking about their retirement savings, shows a survey for Franklin Templeton.
Do we really have a retirement problem?
Retirees should plan to travel during retirement.
Canadian seniors are more likely than other age groups to give themselves a high mark for overall financial knowledge, shows BMO Financial Group’s third annual financial literacy report.
Almost 90% of Canadians plan to rely on the Canada Pension Plan/Quebec Pension Plan (CPP/QPP) to cover costs during their golden years, according to a BMO Financial Group study.