Transitional retirement benefits employees and employers alike
Saving regularly yields confidence
Only four-in-ten Canadians plan to contribute to an RRSP this tax year
One-third are uncertain how long their savings will last
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