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canadian retirement

And almost half of non-retired Canadians don't have a plan to help them stop working.
Canadians are worried about their retirement. Recent polls show that among working aged people there is a growing concern that they simply won't be financially secure in retirement. This concern is validated by statistical data showing that a significant segment of society is having trouble saving enough. Instead of turning a blind eye to a known problem, the Government of Canada should be trying to help Canadians retire with dignity. Clearly, the time is right. All that is missing is federal leadership. Unfortunately, Canadians just won't get it from Stephen Harper, who has always disliked the CPP.
While most people have a good idea of their assets and future income, issues of capacity to make decisions regarding estate plans are much less likely to be present than in older populations. An elderly person preparing a bedside will towards the end of his or her life can raise suspicions, whereas a recent retiree attending the office of his or her lawyer does not raise the same red flags.
Bad public policy ideas are like Jason Voorhees in those old Friday the 13thmovies: no matter how many times you think you've killed them, they keep coming back to cause trouble. As the federal and provincial finance ministers get ready to discuss a number of issues, the country faces a very real problem: too few Canadians have begun to save for retirement.
What's been missing in the debate is an examination of how expanding Canada Pension Plan contributions and benefits could actually hinder its ability to fund retirement. Here's why.