The four reasons that retirement is costing Canadians more than ever

2017-07-12T21:45:28-07:00July 12th, 2017|Categories: Retirement|Tags: , , |

Retirement is getting more expensive for Canadians and it has been for quite a while. But despite soaring prices for some popular items at the grocery store, the broader cost of living is not the prime culprit. Rather, retirement is costing  more due to four primary factors, namely, longevity, pension trends, interest rates and investment fees. And it’s not just a Canadian issue, either. A recent study in the Journal of Financial Planning entitled Planning for a More Expensive [...]