Retirement Canada

Seniors Going Bankrupt In Soaring Numbers

CBC | Posted 06.29.2015 | Canada Business

Judy Southon never imagined it would come to this. She and her husband Vic had good jobs, raised a son and were homeowners. But after a run of bad l...

Retirement Pensions Under Pressure As Canadians Live Longer

CP | The Canadian Press | Posted 06.16.2015 | Canada Business

TORONTO - Low interest rates and expectations that Canadians will live longer hurt some of the country's largest pension funds last year despite stron...

Canadians Prepared For Retirement, C.D. Howe Institute Says

CP | The Canadian Press | Posted 06.04.2015 | Canada Business

OTTAWA - Canadians are saving enough and are reasonably well-prepared for life after work, said a report Thursday by the C.D. Howe Institute, which ch...

Retiring Canadians Will See 'Steep Decline In Living Standards': CIBC

The Huffington Post Canada | Daniel Tencer | Posted 06.02.2015 | Canada Business

Though some of them may have a hard time believing it, the Canadians retiring today are the lucky ones. Their offspring face a “steep decline in liv...

Here's What The Canada Pension Plan Debate Could Mean For You

CP | Craig Wong, The Canadian Press | Posted 05.28.2015 | Canada Business

OTTAWA - The debate over retirement and the role of the Canada Pension Plan is in full swing on Parliament Hill. Here's a quick look at what the possi...

Retirement Slips Further Away For Canadians

CP | The Canadian Press | Posted 04.20.2015 | Canada Business

TORONTO - A new poll has found there are more Canadians who expect to be working past age 65 than those who expect to be retired.The annual Sun Life p...

Sunny Freeman

Percentage Of Canadians With A Job Hits 13-Year Low

HuffingtonPost.com | Sunny Freeman | Posted 01.12.2015 | Canada Business

The number of Canadians who have a job or are actively looking for work has reached a 13-year low. Canada’s labour participation rate fell to 65....

Canadians' Plans To Use Home Value For Retirement 'Pretty Concerning'

CP | David Friend, The Canadian Press | Posted 01.31.2015 | Canada Business

TORONTO - Canadians may dream of retiring debt-free, but research done for Manulife suggests nearly 20 per cent of homeowners expect to lean on the va...

Large Minority Of Canadians Say They Will Work Till They Die

The Huffington Post Canada | Posted 10.27.2014 | Canada Business

Nearly one in five Canadians say they will never retire, according to a new survey that finds a majority of Canadians concerned about their retirement...

Quiz: Are You Living Your Ideal Lifestyle?

Theresa Albert | Posted 12.05.2014 | Canada Living
Theresa Albert

It got me to thinking...if money were no object, how would I choose to live my 50s, 60s and 70s? Want to play with me? I fashioned this ridiculous but fun quickie quiz completely unscientifically to see which of four general lifestyles suit me best...Can we live the way we love?

This Is The Biggest Financial Worry For Retiring Canadians

CP | Linda Nguyen, The Canadian Press | Posted 09.27.2014 | Canada Business

TORONTO - A new poll suggests that health and medical costs are the biggest financial worry for Canadians later in life.The Bank of Montreal report, t...

If Retirement At 70 Is Happening In Australia, Can We Be Far Behind?

CP | Rod McGuirk, The Associated Press | Posted 07.14.2014 | Canada Business

CANBERRA, Australia - The Australian government's plan to raise the state pension age to 70 has been criticized as unfair for those in physically dema...

Canadians See Rose-Coloured Retirement

CP | Romina Maurino, The Canadian Press | Posted 04.21.2014 | Canada Business

TORONTO - Canadians are feeling increasingly optimistic when it comes to retirement.A Sun Life survey conducted in November has found that, on average...

More Canadians Counting On Lottery Than Family For Retirement

CP/Huffington Post Canada | Posted 04.01.2014 | Canada Business

More Canadians are counting on winning the lottery than on help from family members to get through retirement, a survey from BMO finds. The Canada ...

How Much Rich Canadians Say They Need To Retire

CP | The Canadian Press | Posted 03.19.2014 | Canada Business

TORONTO - No need to pity the affluent, even if they have to save more than twice as much as average Canadians before retiring.A new poll issued by BM...

Look How Many Retired Canadians Are Back At Work

CP | The Canadian Press | Posted 03.15.2014 | Canada Business

TORONTO - Nearly a third of retired Canadians, or 30 per cent, have returned to work and a major reason is that they misjudged how much their expected...

Why Wynne Is Warning Of An Economic Crisis

CP | Keith Leslie, The Canadian Press | Posted 01.23.2014 | Canada Business

TORONTO - Canada is headed for a "huge economic crisis" if the provinces and federal government don't take action now to improve retirement incomes, O...

Paying For School Costing Parents Their Retirement: CIBC

CP | The Canadian Press | Posted 10.22.2013 | Canada Business

TORONTO - A poll commissioned by CIBC (TSX:CM) says many Canadian parents are delaying their retirement and taking on debt to help put their children ...

Sunny Freeman

Are Bankrupt Seniors Canada's Future?

HuffingtonPost.com | Sunny Freeman | Posted 05.06.2013 | Canada Business

“Pre-retirement” Canadians aged 50 to 59 are taking on an alarming amount of debt and are most at risk of bankruptcy, according to a new study tha...

Did New Brunswick Just Solve The Retirement Pension Crisis?

CBC | Posted 04.26.2013 | Canada Business

The city council of Saint John, N.B., heard some blunt language in November 2012. Faced with a pension plan that was underfunded to the tune of at lea...

Sunny Freeman

Most Canadians Don't Think They'll Retire Early: Survey

HuffingtonPost.com | Sunny Freeman | Posted 02.20.2013 | Canada Business

Forget Freedom 55 or even 65. The vast majority of Canadians surveyed in a new poll don't expect to retire before age 66. And the number of Canadi...

Don't Give Up On That Sunny Retirement Dream Just Yet, Canadians

CP | Paola Loriggio, The Canadian Press | Posted 02.24.2013 | Canada Business

TORONTO - Dwindling pension benefits are forcing many Canadians to rethink how they’ll spend their golden years, but that doesn’t necessarily mean...

Retirement Further Out Of Reach: StatsCan

CBC | Posted 02.03.2013 | Canada Business

Canadians are putting off their retirement plans and working at least two years later across all education levels, Statistics Canada says. ...

He Says He'll Bring Back Retiring At 65

CP | The Canadian Press | Posted 12.26.2012 | Canada Politics

TORONTO - An NDP government would reverse changes to Old Age Security by restoring the retirement age to 65 instead of 67, New Democrat Leader Thomas ...

Planning For Retirement? It May Not Be Up To You

CP | The Canadian Press | Posted 11.19.2012 | Canada Business

TORONTO - A new poll suggests many Canadian boomers could be surprised about the timing of their retirement.The Ipsos-Reid survey of people aged 50 or...