A study reveals that retired women are concerned about making funds last. Recently retired women are more worried than their male counterparts about stretching funds over their remaining years. This heightened concern, as highlighted in an Investors Group study, may be related to the well-known fact that, statistically speaking, women generally live longer than men. Another likely contributor is that, while working, women tend to earn less than...
How Much Will You Spend?
You’re faithfully saving for retirement. Now it’s time to sit down and understand what your retirement paycheque will look like and how you’ll spend it. Accurately estimate the basics The first step in determining how much you can spend is to understand these basics: Your fixed expenses This includes costs of housing, food, medication, and other life essentials. Getting these numbers right – and being able to estimate changes in them over time...
Knowledge and Dedication
“After many years of disappointment with my former financial advisor, I was referred to Norm Piche in 2009. Since transferring my investments to Norm to manage I’m confident my money is in very good hands. Norm’s knowledge and dedication to his clients is second to none. He contacts me to set-up regular update appointments to review my financial needs and plan my future retirement goals. I have recommended Norm to several...
Favourable Returns
“I have been with Investors Group for about 22 years. For the past 15 years Norman Piché has worked with me to build up for retirement. We had previously had the majority of our investment with a bank, and meeting with them once a year. Today we have all of our investments through Norm at Investors showing favourable returns. We meet 3 to 4 times a year and more if required. Three years ago he assisted our daughter with financing to buy a...
5 Things Your Business Needs to Know About Future CPP Changes
Significant changes to the Canada Pension Plan come into effect in 2019. Start getting ready now. Despite having to pay more for CPP, companies should aim to keep their group RRSP or private sector pension plans. In 2019, new CPP rules will come into force. While that may still seem like a long time away, business owners impacted by the new enhancements need to start planning for the changes today. “If you are a small business...