Retirement

Liz Weston: Retirement advice from retired financial experts

Most retirement advice has a flaw: It's being given by people who haven't yet retired. A central retirement decision is when to do it. Working longer can reduce the odds of running out of money, but delaying …

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  • Seniors: Enjoy your golden years with these tax credits and benefits Marketwired

    The Canada Revenue Agency wants seniors to get the tax credits, deductions, and benefits they are eligible for. Here are 11 of the most common credits and benefits for seniors. - Pension income splitting …

    The Canada Revenue Agency wants seniors to get the tax credits, deductions, and benefits they are eligible for. Here are 11 of the most common credits and benefits for seniors. - Pension income splitting ...

  • On Canada Pension Plan reform, employers have concerns, but many have yet to begin preparing for change Marketwired

    As the government commitment to expanding the Canada Pension Plan moves forward, the need is pressing for Canadian employers to assess employee compensation, pensions and benefits, and to prepare for integrating …

    As the government commitment to expanding the Canada Pension Plan moves forward, the need is pressing for Canadian employers to assess employee compensation, pensions and benefits, and to prepare for integrating ...

  • Liz Weston: Retirement advice from retired financial experts
    Liz Weston: Retirement advice from retired financial experts The Canadian Press

    Most retirement advice has a flaw: It's being given by people who haven't yet retired. A central retirement decision is when to do it. Working longer can reduce the odds of running out of money, but …

    Liz Weston: Retirement advice from retired financial experts

    Most retirement advice has a flaw: It's being given by people who haven't yet retired. A central retirement decision is when to do it. Working longer can reduce the odds of running out of money, but delaying retirement too long could mean missing out on the good health or companionship to fully enjoy it.

  • Albertans starting to save for retirement earlier: ATB Investor Beat CNW Group

    EDMONTON, Jan. 12, 2017 /CNW/ - The latest edition of the ATB Investor Beat shows Albertans are now starting younger when it comes to saving for retirement. On average, Albertans currently in the workforce …

    EDMONTON, Jan. 12, 2017 /CNW/ - The latest edition of the ATB Investor Beat shows Albertans are now starting younger when it comes to saving for retirement. On average, Albertans currently in the workforce began saving for retirement at the age of 28. In contrast, already-retired Albertans started saving at an average …

  • As solvency hits new highs, diversification, de-risking and market dynamism on pension agenda for 2017 Marketwired

    The median solvency ratio of Canadian defined benefit pension plans -- a key measure of their financial health -- finished 2016 by surging to its highest level in two and a half years, according to the …

    As solvency hits new highs, diversification, de-risking and market dynamism on pension agenda for 2017

    The median solvency ratio of Canadian defined benefit pension plans -- a key measure of their financial health -- finished 2016 by surging to its highest level in two and a half years, according to the ...

  • The Agreement on Social Security between Canada and China comes into force January 1, 2017 CNW Group

    OTTAWA , Dec. 28, 2016 /CNW/ - The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, announced today that the Agreement on Social Security between the Government of Canada …

    OTTAWA , Dec. 28, 2016 /CNW/ - The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, announced today that the Agreement on Social Security between the Government of Canada ...

  • Nortel Networks, U.S. pension insurer reach bankruptcy deal Reuters

    Former telecommunications equipment maker Nortel Networks Inc [NRTLQN.UL] and the U.S. pension insurer have reached a deal that clears the way for the company to end its eight years in bankruptcy. A trial …

    A sign is pictured outside Nortel's Carling Campus in Ottawa

    Former telecommunications equipment maker Nortel Networks Inc [NRTLQN.UL] and the U.S. pension insurer have reached a deal that clears the way for the company to end its eight years in bankruptcy. A trial had been set for January over the U.S. Pension Benefit Guaranty Corp's claims against the company, which stem from …

  • Avoid pitfalls as retirement distribution deadline nears The Canadian Press

    The IRS defers taxes on many retirement accounts. You must start taking required minimum distributions, or RMDs, at age 70 1/2 . RMDs are required from tax-deferred retirement plans: traditional individual …

    Avoid pitfalls as retirement distribution deadline nears

    The IRS defers taxes on many retirement accounts. You must start taking required minimum distributions, or RMDs, at age 70 1/2 . RMDs are required from tax-deferred retirement plans: traditional individual retirement accounts, SEP and Simple IRAs, and workplace plans like 401(k)s. They're not required from Roth IRAs.

  • Quebec announces Quebec Pension Plan consultation CNW Group

    TORONTO, Dec.15, 2016 /CNW/ - In the December 2016 issue of its monthly newsletter, News & Views, Morneau Shepell analyzes the QPP consultation announcement. Quebec announces Quebec Pension Plan consultation …

    TORONTO, Dec.15, 2016 /CNW/ - In the December 2016 issue of its monthly newsletter, News & Views, Morneau Shepell analyzes the QPP consultation announcement. Quebec announces Quebec Pension Plan consultation – Last week, the Quebec Minister of Finance announced a public consultation on the Quebec Pension Plan (QPP). Morneau …

  • Canadian Retirees Ill-Prepared for Retirement According to New Nation-Wide Survey Marketwired

    Insights West, a leading Canadian market research firm, and Credential Financial, a national wealth management firm for credit unions and independent financial institutions, today released results from …

    Insights West, a leading Canadian market research firm, and Credential Financial, a national wealth management firm for credit unions and independent financial institutions, today released results from ...

  • RBC glide path aims to ease Millennials' fears Morningstar

    Equity level of 2050 target-date fund rises, levels off, then declines.

    RBC glide path aims to ease Millennials' fears

    Equity level of 2050 target-date fund rises, levels off, then declines.

  • Will your retirement savings be adequate? Morningstar

    How to manage your longevity risk.

    How to manage your longevity risk.

  • Dallas mayor files lawsuit to stop pension withdrawals The Canadian Press

    Dallas Mayor Mike Rawlings filed a lawsuit Monday seeking to stop the Dallas Police and Fire Pension system from allowing retirees to pull their deferred retirement funds from the ailing system. Rawlings' …

    Dallas Mayor Mike Rawlings filed a lawsuit Monday seeking to stop the Dallas Police and Fire Pension system from allowing retirees to pull their deferred retirement funds from the ailing system. Rawlings' attorney wrote in the lawsuit, which the mayor did not file in his official capacity, that he believes the pension …

  • The best advice you never got GoldenGirlFinance.com

    An exclusive Q&A with Ahmad Dajani, Scotiabank's VP of Retail Deposits and Investments

    The best advice you never got

    An exclusive Q&A with Ahmad Dajani, Scotiabank's VP of Retail Deposits and Investments

  • Most decumulation strategies fall short when investment returns are poor CNW Group

    This is according to Fred Vettese, Chief Actuary at Morneau Shepell (TSX:MSI.TO - News), the largest company in Canada offering human resources consulting and outsourcing services. The Vision newsletter …

    This is according to Fred Vettese, Chief Actuary at Morneau Shepell (TSX:MSI.TO - News), the largest company in Canada offering human resources consulting and outsourcing services. The Vision newsletter gives the example of a retiring couple who spend all of their retirement savings by age 75 through following accepted …

  • Nearly half of Canadian homeowners aren't prepared for emergency expenses: Manulife Bank survey CNW Group

    WATERLOO, ON, Nov. 24, 2016 /CNW/ - Almost half of Canadian homeowners don't have enough money set aside to deal with a financial emergency, while four in 10 have some difficulty managing common expenses …

    WATERLOO, ON, Nov. 24, 2016 /CNW/ - Almost half of Canadian homeowners don't have enough money set aside to deal with a financial emergency, while four in 10 have some difficulty managing common expenses associated with home ownership, a new survey by Manulife Bank of Canada shows. About one quarter of those polled have …

  • Is reality biting Gen-X when it comes to retirement savings? TD survey finds one in three Gen-Xers expect to work post-retirement CNW Group

    TORONTO, Nov. 24, 2016 /CNW/ - According to a recent TD survey, more than two-thirds of Canadians between the ages of 35 and 54 say they're not saving enough for retirement, and one in four say not being …

    TORONTO, Nov. 24, 2016 /CNW/ - According to a recent TD survey, more than two-thirds of Canadians between the ages of 35 and 54 say they're not saving enough for retirement, and one in four say not being ready for retirement is keeping them up at night. As a result, the majority of Gen-X Canadians (60 per cent) who aren't …

  • Easing your finances into retirement Morningstar

    What you need to know to get ready for your post-working life.

    What you need to know to get ready for your post-working life.

  • DIVIDED AMERICA: Easy retirement? Only for a privileged few The Canadian Press

    The American dream of a blissful retirement, free of financial worries, is dying. Most U.S. households are heading for a worse lifestyle in retirement than they had while they were working, because they …

    The American dream of a blissful retirement, free of financial worries, is dying. Most U.S. households are heading for a worse lifestyle in retirement than they had while they were working, because they simply aren't saving enough, experts say. Thirty-five per cent of households in their prime earning years or later have …

  • DIVIDED AMERICA: Easy retirement? Only for a privileged few The Canadian Press

    The American dream of a blissful retirement, free of financial worries, is dying. Most U.S. households are heading for a worse lifestyle in retirement than they had while they were working, because they …

    DIVIDED AMERICA: Easy retirement? Only for a privileged few

    The American dream of a blissful retirement, free of financial worries, is dying. Most U.S. households are heading for a worse lifestyle in retirement than they had while they were working, because they simply aren't saving enough, experts say. Thirty-five per cent of households in their prime earning years or later have …