To offset inflation within an annuity, some insurers offer an indexing option, in which the payments that a client receives increase over time. But this option comes with the cost of considerably lower payments in the first few years of the contract
More Canadians are retiring with debt than ever before. Although this situation is not ideal, it can make sense for some clients - but only if they understand the issues they face
There are many errors that clients make while planning for their retirement. Many are related to their finances - including poor cash-flow planning and taking on too much debt - and stem from not being prepared emotionally for this phase
There are a plethora of fixed-income ETFs, ranging from index trackers to more specialized products, that offer benefits such as liquidity and low management fees for clients
Although bond funds can be unpredictable, and generally perform less well than equities, careful selection and an eye on factors such as interest rates and inflation or deflation can do much to balance a retirement portfolio
The assumption that a retired client should withdraw 4% from his or her portfolio annually is losing credibility among advisors and economists
There are various strategies that you can employ to ensure that clients' retirement savings last longer - and that they pay less taxes in the process. But you need to keep in mind that every client's situation has to be assessed individually
For many clients, working while collecting government and pension benefits is an appropriate solution to an income shortfall
Live It framework based on six top concerns of investors
Working longer may not be possible after serious health events