More than one third of working Canadians expect to retire with some debt
Study determines the best way not to run out of money
Twice as many younger Canadians intend to maximize their RRSP contributions for the 2012 tax year
Relying on house values for retirement income is a risky strategy
With low interest rates and rising house prices, many Canadians are carrying mortgage debt into retirement. While that's not necessarily always a poor choice, clients need to be aware of the trade-offs that they are making
Many older clients find themselves with valuable homes but too little cash. Renting part of the house might avoid selling or remortgaging
Two theories of retirement financial planning suggest that assets and income streams can be altered in more precise ways as clients move through the many phases of life after work
One-third say they will be relying on their home equity to support them in retirement
Survey suggests Canadians are not confident they can save enough to fund their ideal retirement plans
One-third plan to sell real estate investments to support retirement