Home Boomers

Keyword: Boomers

3 results found
Majority of millennial workers in DC pension plans: report

As millennials enter their prime working years many are actively saving for their retirements, according to a new report by Wells Fargo Institutional Retirement and Trust. The report, which looked at four million eligible participants in about 1,900 defined contribution pension plans, found 61 per cent of millennial workers (age 27 to 39) were participating in a DC plan. In […]

  • By: Staff
  • February 21, 2020 November 30, 2020
  • 08:45

Canadian boomers age 50 and up are concerned they haven’t saved enough for retirement, according to a new survey by the Royal Bank of Canada. It found the savings gap varies widely. Those with investable assets of more than $100,000 want to save, on average, $949,000 but are falling behind by $275,000, while those with investable assets of less […]

  • By: Staff
  • July 18, 2019 May 30, 2022
  • 16:01
Almost half of younger Canadian boomers considering delaying retirement: study

More than a fifth (21 per cent) of younger Canadian baby boomers haven’t saved for retirement, according to a survey by Franklin Templeton Investments Canada. The survey, which defined young boomers as those between the age of 55 and 64, found 17 per cent of this cohort in the United States are facing a similar situation. […]

  • By: Staff
  • May 9, 2019 September 13, 2019
  • 08:45