Beware the Pension Funds Bubble
Retirement or Work? Many baby boomers who are counting on financial security from their retirement pension funds are in for a major round of disappointment. GenXers on the other hand are better positioned to adjust their retirement strategies given the benefit of more years before they reach retirement age. For many boomers, the decision will [...]
Canada 2012 Budget – the Good and the Nasty
PM Harper and Minister Flaherty The proposal to balance the budget in 3 years should be applauded and shows the best effort at austerity by any OECD country. A return to budgetary surplus by 2015 with savings of $5.2B per year by 2014-15 is quite significant. This however relies on a projected increase of tax [...]
Pensions and the Retirement Age! What Next?
The debate over pensions in North America will be front and centre for the next few decades and promises to be an emotionally-charged issue amongst Baby Boomers in particular. The Pew Research Centre reports that starting on January 1, 2011, 10,000 Baby Boomers are reaching the age of 65 every day in the U.S. – [...]
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