Talk of retirement frequently centres on building up enough savings to provide an adequate income in post-work years. But is there a better way?
While financial advisors and their clients will inevitably discuss retirement income and prepare for the decumulation phase as it approaches, a new report calls for a reframing our retirement mindset, starting with a shift away from an approach used in Canada and most of the world.
The National Institute on Ageing says that using the standard ‘three pillar’ visualization, which in Canada includes government-sponsored programs such as Old Age Security, the Guaranteed Income Supplement and the Canada […]
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