The Blog Squad

This generation of investors know much more about financial investing than past generations. Even so, in many countries, retirees have a hard time of making ends meet. In fact, in most cases, people will have to work past the age of retirement in order to live decently. In Canada, however, almost half of it’s residents expect to retire at or before the age of 60 – and with enough income to live comfortably.

Even though many people argue that today’s generation is much more finance savvy that the one or two generations ago and hence, there is no need to create a special fund in Canada for saving for post retirement days. However, there is a mixed response on this topic. One school of thought is for the Canadian retirement planning to be formalized in a Government run retirement plan with fixed rules and regulations and even a minimum compulsory saving scheme.