Author: Canada. Task Force on Retirement Income Policy
Publisher: Task Force on Retirement Income Policy ; Hull, Quebec : available by mail from Canadian Government Pub. Centre
ISBN:
Category : Old age pensions
Languages : en
Pages : 390
Get Book Here
Book Description
Author: Myles, John
Publisher:
ISBN: 9780660180922
Category : Elderly poor
Languages : en
Pages : 21
Get Book Here
Book Description
Author: National Advisory Council on Aging (Canada)
Publisher: Government of Canada, National Advisory Council on Aging
ISBN:
Category : Business & Economics
Languages : en
Pages : 32
Get Book Here
Book Description
Author: Canada. Task Force on Retirement Income Policy
Publisher: Task Force
ISBN:
Category : Old age pensions
Languages : en
Pages : 78
Get Book Here
Book Description
Author: John Myles
Publisher:
ISBN: 9780066018096
Category : Elderly poor
Languages : en
Pages : 21
Get Book Here
Book Description
This paper revisits trends in the level and distribution of income among Canadian seniors in the context of what is arguably the major source of change in these trends since the end of the seventies, the maturation of Canada's public and private earnings-related pension systems. The expanded role of earnings-related pensions in the 1980s and 1990s is largely the result of changes that occurred in the 1950s and 1960s. The Canada and Quebec Pension Plans (C/QPP) were implemented in 1966 and the first cohort to receive full C/QPP benefits turned 65 in 1976. Cohorts retiring after this period were also the beneficiaries of the expansion of private occupational pensions that took place between the 1950s and the 1970s. The author relies on a detailed decomposition of income by source to show that not only did the maturation of these earnings-related programs produce a substantial increase in average real incomes but also to a substantial reduction in income inequality among the elderly, due mainly to C/QPP benefits. Rising real incomes went disproportionately to lower income seniors contributing to the well-known decline in low-income rates among the elderly.
Author: Watson Wyatt Worldwide (Firm)
Publisher: CCH Canadian Limited
ISBN: 9781553676799
Category : Business & Economics
Languages : en
Pages : 508
Get Book Here
Book Description
Author: Canada. Task Force on Retirement Income Policy
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: National Council of Welfare (Canada)
Publisher: Canadian Government Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 64
Get Book Here
Book Description
The first level: Income Security Programs -- The second level: the Canada and Quebec Pension Plans -- The third level: occupational pension plans -- Registered Retirement Savings Plans -- Appendix A: the retirement income system -- Appendix B: tax breaks for seniors.
Author: Canada. Parliament. House of Commons. Standing Committee on Finance
Publisher:
ISBN:
Category : Old age pensions
Languages : en
Pages : 108
Get Book Here
Book Description
Author: Frederick Vettese
Publisher: ECW Press
ISBN: 1773056417
Category : Business & Economics
Languages : en
Pages : 202
Get Book Here
Book Description
Canada’s #1 bestselling retirement income book is now completely revised and updated. Vettese will show you how to mitigate risk and secure your financial future in these unpredictable times. As COVID-19 rocks the economy in an unprecedented black swan event, retirees and those who are preparing to retire need answers to pressing questions about their financial futures. Originally published in 2018, the second edition of Retirement Income for Life, has been completely revised and updated, and now includes: New chapters on early retirement, retiring single, what to do when one spouse dies young, and more. Three strategies for mitigating your personal financial risk in the current downturn in equities and other investment products. Advice on how to plan for (and even benefit from) the coming bear market, resulting from COVID-19, which will create unprecedented equity buying opportunities, possibly as early as 2021. Information on the impact of unbearably low interest rates on annuities and fixed income investments and what to do if you hold them. The reasons retirees should be deferring CPP until age 70 and why the case for this is stronger than ever. Author Frederick Vettese demystifies a complex and often frightening subject and provides practical, actionable advice based on five enhancements the reader can make to mitigate risk and secure their financial future. With over one thousand Canadians turning 65 every day, the cultivation of good decumulation practices — the way in which you draw down assets in retirement, ideally to have a secure income for the rest of your life — has become an urgent matter that no one can afford to ignore.
