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
Help your clients make the shift from accumulating wealth to living on their savings
Advisors need to rescape the retirement income conversation
Financial planners need to be aware of the psychological, sociological and emotional implications of retiring and when helping clients prepare for this phase of their lives
In the 1960s, marketing professor Ted Levitt urged businesspeople to ask themselves: "What business am I really in?" For financial advisors today, the answer to that question is not what you might think it is