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Keyword: Baby boomers

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distributing wealth

Boomers are using permanent life insurance to leave a multigenerational legacy

Asian senior father and adult son at home. Family living lifestyle.

Continued transformation and innovation is needed to meet the demands of baby boomers and millennials

  • By: Ian Russell
  • November 18, 2020 November 18, 2020
  • 16:51
Young worried woman with empty piggy bank

A recent survey found that nearly half of Canadians have delayed saving for their retirement

Senior man in driver's seat of car

RBC finds boomers have a savings shortfall, while ATB finds female investors in Alberta lack confidence

  • By: IE Staff
  • July 18, 2019 October 31, 2019
  • 15:02
Couple getting financial retirement advice from consultant at home

Franklin Templeton study finds boomers who work with advisors are confident about their savings

  • By: IE Staff
  • May 8, 2019 October 31, 2019
  • 13:54
two couples having a picnic on the beach

Regulator to look at consumers' shifting financial needs in the years ahead

middle-aged man celebrating birthday with friends

Few owners have a formal written succession plan

tractive happy senior chinese couple sitting on the front steps of their house.

Although about half of baby boomers plan to downsize, 56% said they consider the neighbourhoods they currently live in to be unaffordable

Mounting financial pressures and increasing life expectancy are forcing baby boomers to work longer than previous generations

Demographic changes are impacting the retirement landscape

A rise in debt levels or wages, more favourable employment opportunities, or better health may be driving seniors to work, StatsCan reports