Planning and Advice

Myths and misconceptions about retirement

Clients sometimes have a difficult time wrapping their heads around just how much money they’re going to need in retirement and (more to the point) how they’re going to manage to save such a sizeable sum. But when they labour under common misconceptions or refuse to take a clear-eyed look at their individual financial situation, they may struggle to achieve their “dream retirement.”

By Camilla Cornell |June 22, 2015

2 min read

Don’t let summer vacation break the bank

Driven by vacations, social outings and entertaining at home, Canadians plan to spend an average of $5,605 during the summer - making it the most expensive season for 45% of people.

By Staff |June 18, 2015

2 min read

Advisors overestimate how well they understand rich clients

76% of wealth managers say they understand the needs of younger rich clients, while only 61% of clients agree, finds a report. Read more.

By Staff |June 18, 2015

2 min read

Some early retirees would be broke within a year

If forced to retire early, it would take just five years for 40% of middle-aged people to run out of money, finds a survey by Investors Group.

By Staff |June 18, 2015

2 min read