As median age in many parts of the world continues to rise, many countries face an increasing challenge funding social security programs for senior citizens. For the first time, th[...]
Life expectancy in Canada has been increasing at a steady rate in recent years. An April 2014 report from Canada’s Chief Actuary concluded that persons who are age 65 and older are[...]
Most will agree that living longer is a good thing, and the reality is that life expectancy has been rising in recent decades. One outgrowth of this phenomenon is that elderly peop[...]
The majority of Canadians have not accumulated enough savings to sustain them after their retirement, according to a survey by the Conference Board of Canada. The study, designed t[...]
So called “Grey Divorce” isn’t that rare anymore. In 2013, approx. 60,000 couples divorced in Canada. One quarter of those divorces were in their 50’s and 60’s. Grey divorce can me[...]
Over the next two decades, baby boomers are set to inherit one trillion dollars. Baby boomers, or those who were born after World War II from the 1940s to the 1960s, are often asso[...]
The younger generation has been waiting for what must seem to them forever for the boomers to relinquish their jobs and retire. The boomers, that lucky generation born between 1946[...]
If you or your clients are approaching retirement, there are a number of factors at play. The least of these is the change in fortunes many people have experienced as a result of t[...]