Browsing the "Retirement" Category →

An interesting bit of information in the article An early look at what ‘Big CPP’ will look like “First, the ministers agreed that any improvement should be “fully funded and focus on today’s workers. “ “This phrase...

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Canadian_Retirement

“Enhancing” CPP for young workers

November 8, 2013 | 0 Comments

An interesting though misguided viewpoint is Enhancing CPP reduces poverty “”Mike Klassen says, “Canadians must reject the push for higher CPP payroll taxes.” Well, pension contributions aren’t taxes – they are deferred pay that the worker...

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Canadian_Retirement

Dumb it up – CPP needs improvement

November 4, 2013 | 0 Comments

Provincial, territorial finance ministers agree that CPP needs improvements “All of Canada’s provincial and territorial finance ministers agree that something needs to be done to enhance the Canada Pension Plan, Ontario’s treasurer said Friday.” “Prince...

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I looked at early collection of CPP benefits in the Q&A: Questions and Answers – Deferral or early collection of CPP benefits The other day a client asked if early collection of CPP benefits at 60 was beneficial...

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Although a US based article, an interesting read is Money tips to stretch your retirement nest egg “Two of the biggest mistakes that people make when they reach retirement are underestimating how long they will live...

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Think-tank report urges stricter OAS eligibility “It’s the generations that come after the Baby Boomers that should be concerned, and consider the potential that government retirement programs will be slashed, or may not be there at all when...

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Canadian_Retirement

Canadians preparing for life without retirement

September 24, 2013 | 0 Comments

Nearly one in five Canadian workers expect that they’ll never be able to retire fully. Canadians preparing for life without retirement “40 per cent of retired Canadians said they had not prepared adequately or at...

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Household debt and low interest rates

September 17, 2013 | 0 Comments

Household debt must slow down “The debts of Canadian households rose once again in the second quarter of this year, to the astonishment of the Bank of Canada. Finance Minister Jim Flaherty and Bank of...

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