Back to Almost There home page There is yet more proof, for those still in denial, that professional financial advice paves the way for a fulfilling retirement. The latest TD Waterhouse Canadians and Retirement Report found Canadian retirees who are getting help from financial advisors are feeling confident about their retirement savings. The pan-Canadian survey […]
Set it up and leave it alone?
In a speech today at the Canadian Institute of Financial Planners annual conference in Ottawa, Peter Drake, vice president, Retirement and Economic Research, Fidelity Investments Canada ULC called attention to the new retirement realities facing Canada’s baby boomer generation and highlighted the importance of taking account of the five key risks to retirement income as part of the retirement planning process.
Michael Berton, a Senior Financial Planner with Assante Financial Management in Vancouver, knew his client’s mental faculties were slipping when he started getting weekly phone calls.
Canadian retirees are largely happy with the way their post-career lives are working out, but they admit they wish they'd received more advice before they stopped working. Now they're offering the advice they wish they'd gotten.
Although economic fundamentals in Canada are improving, retirement remains an area of concern for many Canadians. The latest Russell Financial Health Index, an online calculator that gauges the overall financial health of Canadian investors, revealed that Canadians feel unsettled about retirement, particularly women who are less positive about their financial health in retirement than men. […]
Many of today’s middle-income earners will experience a substantial decline in their standard of living once they retire, according to a new study published by the Institute for Research on Public Policy (IRPP). The study, Projecting the Adequacy of Canadians’ Retirement Incomes: Current Prospects and Possible Reform Options, uses simulation modelling to show that approximately […]
A higher level of financial preparedness doesn’t necessarily make for a happier retirement. Or so it would seem from the BMO Retirement Institute Report, which found that despite being less financially prepared for retirement, women are more likely to enjoy their retirement than men. The report, titled Divergent Paths To Retirement: How Men And Women […]
Did you know there are at least half a dozen reasons for people who are retiring or seniors to buy or continue to carry life insurance?
Expanding the Canada Pension Plan is a risky proposition that could actually hinder the plan’s performance, according to study released by the Fraser Institute, Canada’s leading public policy think tank. “The Canada Pension Plan is already so large that any expansion of the plan will increase the risk that the manager of the plan’s assets, […]