Regulator to look at consumers' shifting financial needs in the years ahead
Few owners have a formal written succession plan
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
A rise in debt levels or wages, more favourable employment opportunities, or better health may be driving seniors to work, StatsCan reports
Creating a family playbook can help ensure everyone feels well prepared for the years ahead
A new survey from TD points out that providing financial support to adult children is preventing boomers from saving enough for retirement
The expenses of weddings and child care are top of mind
Nearly one-third of boomers don’t know what percentage of pre-retirement income they’ll need
Retirees responsible for increase in the number of Canadians classified as not in the work force, RBC economist says