At age 67, Nick Barisheff, CEO of Toronto-based Bullion Management Group Inc. (BMG), is worried about the financial health of his generation.
More customers are depending on their smartphones, so Desjardins Insurance is offering a solution.
Baby boomers are beginning to turn 65, but many may have decided to work longer.
The maximum basic OAS pension benefit paid to people 65 years of age and older will remain unchanged at $546.07 per month from April 1 to June 30, 2013, according to Human Resources and Skills Development Canada.
Whether it’s a lack of sufficient retirement funds or simply enjoying their jobs, more Canadians are staying in the workforce after age 65.
People are generally living longer, healthier lives. But in the U.S., it’s the higher income earners that are skewing the debate about whether the government should increase the retirement age, reports The Washington Post. The rich are living about 4.5 years longer than the poor (as of 2000). Part of this is the result of […]
U.S. citizens who are drawing down on their workplace retirement account before retirement are exposing themselves to a complicated array of tax penalties, fees and other charges.
The Canada Revenue Agency, along with posting tax tips for families and students, has also posted tax submission tips and hints for seniors.
How does Canada's current public retirement system stack up against the U.S.'s?
It’s a well understood truth that the best deal on life insurance can be had when the client is young and in relatively good health. But just because the premiums on seniors are much higher, the need for insurance in your golden years may still make it a good deal.