How Canadian Seniors Can Save More Money
Retirement marks the beginning of a new phase of life, often accompanied by a reduced income. For Canadian seniors, finding ways to save money without compromising quality of life is essential. Here are some practical strategies to make the most of your retirement finances. 1. Review and Optimize Your Budget Start by assessing your current […]
Canadian seniors can transition savings into income
Five million Canadians will turn 65 this decade and be one step closer to retirement. Today, Sun Life introduced Sun Life MyRetirement Income, an innovative first for Canadians that provides retirees with a reliable source of income, while maintaining flexibility and the potential for continued investment growth. This fully automated solution can help ease the […]
Canadian seniors should save this much for retirement
Retirement is a significant milestone in life, and for Canadian seniors, ensuring that they have enough money saved to live comfortably during their retirement years is a critical concern. Determining the exact amount required can be challenging, as it depends on various factors such as lifestyle expectations, health care needs, inflation, and geographic location. However, […]
Some Canadian seniors are going back to school
Returning to school as a senior offers numerous benefits, enriching both personal and professional aspects of life. In an era where lifelong learning is increasingly valued, more seniors are choosing to pursue further education, whether to fulfill long-held dreams, stay mentally sharp, or adapt to a rapidly changing world. 1. Personal Fulfillment and Growth For […]
How Canadians can save more for retirement
Saving for retirement is a crucial financial goal for Canadians, ensuring they can enjoy their golden years without financial stress. Here are some effective strategies to help Canadians save for retirement: 1. Start Early The earlier you begin saving, the more time your money has to grow. Saving for retirement needs to start early. Thanks […]
