Retirement

U.S. companies reduce 401K plans Fallback Image Decorative pattern

Industry

U.S. companies reduce 401K plans

Some U.S. employers, including Facebook and JPMorgan Chase, are reducing their 401K plans. This is making it harder for employees to save for retirement, reports Bloomberg. These companies are scaling back the amount and timing of matching these plans. Some are even lowering the limits for annual payments. Read more. Saving enough for retirement is […]

February 18, 2014

1 min read

Four in 10 Canadians aren’t retiring on time Fallback Image Decorative pattern

Economic Indicators

Four in 10 Canadians aren’t retiring on time

While 80% of Canadians nearing retirement believe they’ll choose when they leave their careers, in reality 41% of retirees say they left sooner than expected.

By Staff |February 18, 2014

1 min read

Couples’ retirement planning: who’s the boss? Fallback Image Decorative pattern

Economic Indicators

Couples’ retirement planning: who’s the boss?

Canadian couples are not on the same page in terms of who they feel is the lead decision maker on retirement planning issues shows BMO's fourth-annual Valentine's day RRSP study.

By Staff |February 14, 2014

2 min read

4 ways to maximize income today Fallback Image Decorative pattern

Industry

4 ways to maximize income today

The key to creating sustainable income is to use current income to create more money today and in the future. Here's how.

By Tracy Piercy |February 13, 2014

4 min read