Retirement is a notion fraught with paradox. For some, it resonates with the possibility of finally having more time to do, well, just about anything. For others, it triggers concern about whether they’ll have enough saved to retire comfortably and securely. And still, for others, it induces a kind of investment-anxiety paralysis filled with self-doubt. […]
Canada is facing a $13.4-trillion retirement savings deficit by 2050, up from a $2.7-trillion shortfall in 2015, according to a new report by Mercer. Among all eight countries included in the report — Australia, Britain, Canada, China, India, Japan, the Netherlands and the United States — the current gap between aggregate savings and expected annual retirement […]
While the revitalized United States economy and strong financial markets are part of the story, the biggest factors affecting American employees’ financial optimism are tied to their personal situations, a study from Bank of America Merrill Lynch has found. The majority (87 per cent) of employees are optimistic about their financial future, including 48 per […]