Some U.S. states have already passed legislation to create retirement savings vehicles, but concerns have hindered these efforts
Determining how much is enough, how much is too much, and how fast to spend it in retirement
A better strategy might be to adopt more of an endowment approach
BlackRock survey shows that Canadians expect a certain lifestyle in retirement, but don't have the assets to get them there
The challenge for advisors with older clients is to position them with the amount of stock exposure that meets both their financial requirements and their risk tolerance
Selling the family home and renting in retirement can be an appealing idea: running a household becomes more convenient and bank accounts benefit from the generation of capital. However, these are only a few of the factors that play into what is a huge decision for most clients. Emotions, habit and the desire to stay […]
Older clients who remarry should tread carefully, especially if they are bringing significant assets into the relationship. In many cases, a marriage contract or pre-nuptial agreement is advisable
As average lifespans continue to set new records, some financial planners are routinely planning on the basis that clients will live to 100 years old. Review some of the key areas that your clients need to be aware of to retain quality of life
Without employment income to steady volatile markets, retirees often look to insurance-related products, such as seg funds and other investment vehicles offering guaranteed returns, to provide predictable income flows and benefits
People in Canada who are single now outnumber those who are part of a couple. These singles are used to running their own show. However, these clients still have special planning needs that financial advisors can help with