retirement readiness – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 21 Nov 2024 16:43:00 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-107/ Fri, 08 Nov 2024 14:00:16 +0000 https://www.benefitscanada.com/?p=162539 An article on Samsung Electronics Co. Ltd.’s win in the Health/Wellness Program category for employers with fewer than 1,000 employees at Benefits Canada’s 2024 Workplace Benefits Awards was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Samsung’s multi-faceted well-being strategy leads to […]

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]]> 61% of Canadians afraid of running out of money in retirement: survey https://www.benefitscanada.com/pensions/retirement/61-of-canadians-afraid-of-running-out-of-money-in-retirement-survey/ Tue, 05 Nov 2024 20:00:58 +0000 https://www.benefitscanada.com/?p=162297 Nearly two-thirds (61 per cent) of Canadians say they’re afraid of running out of money in retirement, according to a new survey by the Canada Pension Plan Investment Board. The survey, which polled more than 4,700 Canadian adults, found more than two-thirds (67 per cent) of employees aged 28 to 44 are afraid they’ll run […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-106/ Fri, 01 Nov 2024 13:00:23 +0000 https://www.benefitscanada.com/?p=162214 An article on Amazon Canada’s win in the Financial Wellness Program category at Benefits Canada’s 2024 Workplace Benefits Awards was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Amazon Canada’s new estate planning benefit key to financial wellness win 2. Half of Canadian employees behind […]

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]]> Just 42% of U.S. workers confident they’re saving enough for retirement: survey https://www.benefitscanada.com/pensions/retirement/just-42-of-u-s-workers-confident-theyre-saving-enough-for-retirement-survey/ Tue, 03 Sep 2024 19:00:47 +0000 https://www.benefitscanada.com/?p=159711 Just two-fifths (42 per cent) of U.S. employees say they feel highly confident they’re on track to save what they need in retirement, according to a new survey by LiveCareer. The survey, which polled more than 1,000 U.S. workers, found six in 10 said they fear retirement more than death (61 per cent) or the idea […]

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]]> 20% of U.S. workers aren’t currently saving for retirement: survey https://www.benefitscanada.com/news/bencan/20-of-u-s-workers-arent-currently-saving-for-retirement-survey/ Fri, 23 Aug 2024 13:00:12 +0000 https://www.benefitscanada.com/?p=159141 A fifth (20 per cent) of U.S. workers aren’t currently saving for retirement, according to a new survey by Flexjobs. The survey, which polled more than 2,000 U.S workers, found nearly two-thirds (61 per cent) of men said they’ve been saving for retirement for a while, compared to 52 per cent of women. Across generations, […]

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]]> Survey finds U.S. employees’ average retirement savings decreases in 2024 https://www.benefitscanada.com/pensions/retirement/u-s-employees-average-retirement-savings-decreases-in-2024-survey/ Thu, 22 Aug 2024 13:00:29 +0000 https://www.benefitscanada.com/?p=159367 The average amount that U.S. adults have saved for retirement dropped slightly from US$89,300 in 2023 to $88,400 in 2024 and more than $10,000 from its five-year peak of $98,800 in 2021, according to a new survey by Northwestern Mutual Life Insurance Co. The survey, which polled more than 4,500 U.S. adults aged 18 or older, found a third […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-95/ Fri, 16 Aug 2024 13:00:52 +0000 https://www.benefitscanada.com/?p=159257 An article on why Canadian workers say job flexibility is key to satisfaction was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. 70% of Canadian workers say flexibility key to job satisfaction: survey 2. Only a quarter of Canadian employees […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-94/ Fri, 09 Aug 2024 13:00:03 +0000 https://www.benefitscanada.com/?p=159060 An article on the nuances of Quebec’s pension laws was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. What should employers know about Quebec’s pension legislation? 2. Ontario’s new regulations for publicly advertised jobs providing transparency for job-seekers: expert 3. Canadian […]

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]]> Head to head: Is it time to retire the term ‘retirement?’ https://www.benefitscanada.com/archives_/benefits-canada-archive/head-to-head-is-it-time-to-retire-the-term-retirement/ Fri, 09 Aug 2024 12:59:04 +0000 https://www.benefitscanada.com/?p=158571 One actuary says social and technological factors are changing the concept of retirement, while another notes the fundamentals remain the same. Michel St-Germain, retired actuary, fellow and past president of the Canadian Institute of Actuaries Yogi Berra once said: “The future ain’t what it used to be.” Millennials will be retiring in 25 years, but not […]

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]]> 51% of U.S. pre-retirees, retirees delaying retirement, returning to the workforce: survey https://www.benefitscanada.com/news/51-of-u-s-pre-retirees-retirees-delaying-retirement-returning-to-the-workforce-survey/ Mon, 05 Aug 2024 13:00:18 +0000 https://www.benefitscanada.com/?p=158822 Half (51 per cent) of U.S. pre-retirees and retirees say they’re considering either delaying or coming out of retirement, according to a new survey from F&G Annuities & Life Inc. The survey, which polled more than 2,000 adults aged 50 and older and who have more than US$100,000 in financial products/savings, found among respondents who […]

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