Boomers – Benefits Canada.com https://uat-cumulus.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 16 Jan 2025 20:41:36 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Majority of millennial workers in DC pension plans: report https://uat-cumulus.benefitscanada.com/news/bencan/majority-of-millennial-workers-in-dc-pension-plans-report/ Fri, 21 Feb 2020 04:45:47 +0000 https://cumulus.benefitscanada.com/uncategorized/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 […]

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]]> Canadian boomers concerned about retirement savings: survey https://uat-cumulus.benefitscanada.com/news/bencan/canadian-boomers-concerned-about-retirement-savings-survey/ Thu, 18 Jul 2019 12:01:51 +0000 https://cumulus.benefitscanada.com/uncategorized/canadian-boomers-concerned-about-retirement-savings-survey/ 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 […]

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]]> Almost half of younger Canadian boomers considering delaying retirement: study https://uat-cumulus.benefitscanada.com/pensions/retirement/almost-half-of-younger-canadian-boomers-considering-delaying-retirement-study/ Thu, 09 May 2019 04:45:02 +0000 https://cumulus.benefitscanada.com/uncategorized/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. […]

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