More Canadians are living alone in, or approaching, retirement than ever before. Some are outliving their deceased partners for longer periods, others are simply choosing to remain single, and ‘grey’ divorce is also on the rise as more people choose to separate later in life.
Last week, Christine Van Cauwenberghe, VP for Tax and Estate Planning at Investors Group , explained some of the challenges faced by single clients in the current market. Here, Van Cauwenberghe talks about some of the tax implications faced by single retirees and tells advisors how they can help.
Depending on personal circumstances, taxation in retirement […]
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