MacNaughton chair council of prominent Canadians
Income Generator provides monthly income over 5-year term
Generation is juggling needs of parents and children, while trying to plan for retirement
As many as 20% of baby boomers will live in poverty during retirement — twice the number of impoverished seniors today
More than a third of employees eligible for matching employer contributions are not contributing anything at all
Canadians are more likely to fund their own retirements than most others
Savings feel more immediate and tangible to the customer: study
Decision making becoming more complex for couples
Increased cost-sharing, reductions in medical coverage likely
Confidence in reaching retirement goals stronger in the West