Money doesn’t buy happiness, but it appears that having a financial plan does
34% expect that they will need to work for extra income
Gen Xers and Boomers display similar approaches to saving and investing for retirement
Declining share of private-sector workers participating in workplace pensions a key factors
Retirement worries have become more pronounced since the recession
Metrics such as spending habits of empty nesters and the gaps in longevity among income levels need to be taken into account
Changes to the CPP and reduced savings as a result of the recession mean that tough discussions lie ahead, BMO report says
Low interest rates make it good time to consider borrowing to invest
Key recommendations include increased fee transparency, mandating fiduciary duty