A new survey from Fidelity Investments Canada ULC finds that summer time is retiring time for Canadians. The third annual 2007/2008 Fidelity Canadian Retirement Survey shows that June, July and August are the months when the highest numbers of Canadians retire. However, this year’s survey shows that more retirees are finding retiring is getting harder.“Fidelity’s […]
Investors and snowbirds can now receive tax-efficient monthly cash flow in U.S. dollars
Many not anticipating increased costs in retirement
Monthly payments designed to keep pace with inflation
The current volatile market can be a buying opportunity, according to Bob Haber, portfolio manager at Fidelity Investments Canada. “We’ve entered into a more trading-oriented, bifurcated market and in order to take advantage of the volatility and put it on your side, buy when things are down and all the reports are about the end […]
Firm launches retirement index, which measures financial preparedness for retirement
Fidelity launches retirement index
Move taken to avoid potential adverse tax consequences for shareholders
New research suggests that 80% income replacement will take the place of 70% income replacement
Also introduces new small-mid cap fund