It’s critical for advisors to make sure their clients have sufficient assets to produce retirement income, but there are many other factors to focus on – financial and not
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Although financial advisors help their clients plan and prepare for various important life events and milestones, none are as central as retirement. But while it’s critical for advisors to make sure clients have sufficient assets to produce the income needed to last for the rest of their lives, there are many other factors both parties need to consider – financial and not.
Here are 10 articles on retirement planning strategies and related issues that drew Globe Advisor readers’ attention in 2022:Neil Gross, president of Component Strategies in Toronto, says nowhere is math’s vile nature more evident than in the seductive proposal it makes to all Canadians on their 65th birthdays: Defer receiving the Canada Pension Plan benefits until age 70 and you’ll get 42 per cent more money each month. He takes a close look at whether this tempting arrangement is real.
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