Asset allocation is based on specific retirement dates
Most Canadians aged 55 lack of confidence in retirement planning and being able to sustain their lifestyle in retirement, Mackenzie study finds
Clients who put off receiving CPP and OAS payments can reduce their longevity risk. These clients will need other sources of income to bridge the gap until they begin collecting those benefits
Persuading millennial clients to start saving for retirement while they're young can be difficult. But even small, regular amounts can add up impressively over decades
A question frequently asked by clients who face imminent retirement is: “Will my money last?” A proper response from a financial advisor requires examining several issues that could affect the client and determining whether guaranteed products can fit into his or her portfolio. With interest rates at historically low levels and financial markets volatile, many […]
Playing the low-rate gameThe irony for many disciplined savers is that after a lifetime of nurturing their nest eggs, they may find spending in retirement and watching their savings dwindle as they age very difficult. You can help allay worries about making the money last
With returns on traditional fixed-income investments difficult to come by in a low interest rate environment, tax efficiency is becoming an increasingly important component in building a healthy retirement income. Discover a variety of ways to help clients minimize the tax bite in retirement, from the use of corporate class funds in non-registered accounts to […]
Look for weakness in retirement income
A positive move for Canada’s retirement system is the recent promise to expand the Canada Pension Plan, which wasn’t taken into account in the Mercer/ACFS ranking
A new report from BMO Wealth Management finds that the vast majority of small business owners have less than $100,000 put away for their retirement