Archive

Category: Retirement Planning

Pension Plans Using Risky Assumptions: Report

Public sector plans may be miscalculating future payout obligations Many public sector pension plans are too risky in their approach to estimating future payout obligations,…

The Real Reason People Fail To Save Enough For Retirement — And What You Can Do To Limit The Damage

Jason Heath: Procrastination may not be the biggest impediment to saving enough While there are conflicting opinions on whether Canadians are saving enough for retirement,…

Put House Values Into Perspective

As real estate prices rise, clients should not be counting on these assets to fund their retirement THE CANADIAN HOUSING MARKET has been strong in recent…

Plan Now to Avoid a Retirement Nightmare

Would you go on an overseas vacation without knowing how much you were going to spend? Would you risk running out of money in some…

TFSA vs RRSP: How To Decide Between the Two

Here are five factors to consider when making your choice Q: I have a question about RRSPs and TFSAs. My average income is $100,000. Which account…

Canadians Increasingly Worried About Their Retirement

According to a study by Statistics Canada, 31% of those polled between the age of 45 to 60 said that their financial preparations for retirement…

Is Typical Retirement Advice Good? – Testing Popular Retirement Rules of Thumb

You want to retire soon. How should you set up your retirement income? You talk with some friends, read about it on the internet, and…

Financial Literacy Isn’t Financial Wellness for Canadian Workers

Stress about retirement is the biggest financial worry among Canadians Only one-third of Canadian employees over aged 50 say they have a strategy for managing…

How Safe Are My Retirement Savings If The Bank Fails?

What to do to make sure your savings are protected Q: I am considering retiring early (at 55) and based on advice from my financial planner,…

RRIF or Annuity? How About Both

Converting 30% of your holdings to annuities is the best option for those without DB pensions Last column we looked at the five ways retirees could…