People Need Less Money to Live As They Get Older? If Only.

 Pension plans for teachers, hospital workers and public servants target of study hype By Michael Wolfson Last week the C.D. Howe Institute released a short study just in time for the finance ministers’ meeting – rolling out the tired, old argument that as people age, they do not need as much money

Pensions & Peace of Mind Series: Long-Term Care

 It is no secret that a secure and enjoyable retirement requires critical thinking, strategic planning and diligent budgeting. Many Canadians are aware of this but are unaware of the fact that a portion of that retirement budgeting must be allocated for long-term health care costs. This may come as a

Beyond Old Age Security

 Sifting through the minefield of pension terminology is not for the faint of heart. With terms such as defined DB plans and DC plans right through to DPSPs, EPSPs, group and individual RRSPs, LIRAs, LIFs and TFSAs, to name but a few, retirement pension plans can be confusing to the