Many U.S. workers expect to stay on the job until 80 to retire comfortably
The majority hope to pay off their homes by retirement
Changes in latitude, changes in attitude. Many Canadians long to give up the daily grind and live where flowers bloom year-round, snow doesn’t exist and their retirement dollars stretch further than at home.
The boomers are determined to “stay alive” in retirement, and many are renewing their engagement with the workplace to do so. You can help your clients plan for that transition
Some clients will be able to begin collecting pension benefits while still working full-time. For others, the financial advantages of retiring later have increased
While rising interest rates are not of immediate concern, even modest inflation can put clients’ future buying power in jeopardy. Some vehicles, such as real-return bonds, can reduce the risk of clients outliving their money
If your clients aren’t convinced of the importance of planning for life after work, perhaps they’ll take advice from those who can vouch for it personally
Retirement brings much more than the end of regular work. Concerns about finances need to be supported by full discussions about how clients plan to spend the rest of their lives
Insurance-based products can provide a secure income stream
A lack of involvement is leaving women potentially exposed to financial hardship in later life