Despite growing evidence of an economic recovery, those aged 50 and up are still struggling to re-enter the market
Selling the house and putting investment income toward rent could be an alternative, but all angles must be considered
Aging and retirement is a dramatic period; even the most cursory list of major events ranges from declining health, to the loss of friends and spouses, to key lifestyle decisions about the final decades of life. All of these events involve money — and this is a phase during which financial advisors can become particularly […]
Advisors and their clients should consider how financial planning arrangements are affected when seniors keep working
Advisors can take steps to ensure vulnerable seniors are protected from unscrupulous people
World Elder Abuse Awareness Day
Tax-Free Savings Accounts can help avoid or minimize clawbacks of benefits
Compared to this time last year, 53% of Canadian 60 an over feel less secure about their financial future, according to a recent Angus Reid Strategies study commissioned by Canadian Home Income Plan (CHIP).In addition to concern over financial security, Angus Reid found that 37% of respondents who are not yet retired have been forced […]
Because there are no age limits, RRIF payments can be reinvested in a TFSA; assets can be withdrawn without clawbacks
Association recommends two-year moratorium on minimum RRIF withdrawals