I recently had some interesting conversations about retirement with affluent boomers who were vacationing at the same resort I was visiting.
The Government of British Columbia is introducing legislation for PRPPS.
More than half of Canadians (63%) made or will make an RRSP contribution by the deadline.
Close to one out of two workers will see their standard of living decline once they retire, according to a CROP survey conducted for the Ordre des conseillers en ressources humaines agréés.
Two out of ten Canadians over 50 (19%) have failed to track their retirement savings.
Many Canadians say bad economic news has them discouraged about retirement, said Fidelity Investment’s Peter Drake. Advisors need to help clients put macroeconomic issues into context, and remember Canada’s a great place to retire.
Despite the wide range of investment options currently available to Canadians, mutual funds remain the core investment choice for Registered Retirement Savings Plans (RRSPs), shows a study by BMO Financial. The poll finds that 72% of the participants with RRSPs hold mutual funds within their plan, and that mutual funds account for almost a third […]
As many as six million Canadians are at risk of a significant decline in standard of living when they retire.
Standard Life Assurance Company of Canada has launched a retirement solution called Pension in a Box.
Most people start saving for retirement in their 30s, but there are myths holding them back from RRSP contribution.