#oecd

0 Posts · 6 Articles
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1 year ago

Are Canadians prepared for retirement? Short answer is yes

Royce Shook · Fidelity’s 2021 Retirement Report suggests that COVID has had a major impact on how Canadians prepare for retirement. Shifts in global culture have affected both pre-and post-retirement respondents brought about by the COVID-19 pandemic according to data collected in 2021. Twenty ...

2 years ago

Retire early

Royce Shook · Sixty is the most popular age that people aspire to when asked at what age do you want to retire, with one in four (25 percent) savers planning to celebrate this milestone by leaving work behind, according to research from Aviva. This is a great goal, but it is one that is differ ...

4 years ago

Do we or should we retire earlier than our parents did?

Royce Shook · From the late 1970s until the mid-1990’s people were retiring earlier than the mandatory retirement age, in most countries. However, according to a report by the OECD (The Organisation for Economic Co-operation and Development) in 2011, (“Trends in Retirement and in Working at Ol ...

5 years ago

Retirement age should it be increased?

Royce Shook · On February 1st an article appeared in McLean's Magazine, called The retirement age in Canada is too low—and that’s a growing problem, it was written by Peter Shawn Taylor and its lead is the following: The Liberals reversed a plan to push the eligibility age for retirement benef ...

6 years ago

Is investing in social causes a good idea for pension funds?

Royce Shook · I recently read an article that complained about how public pension investment funds were underfunded and were also investing in underperforming stocks that were being used to fund social issues. Members wanted their funds to perform. According to the story, I read, “Ultimately, ...

6 years ago

Not everyone needs to save for retirement.

Royce Shook · This is of interest to Canadian Boomers, but there is also information that might be of interest to those in the United States, Britain, Australia and New Zealand. Some Canadians will have enough income to fund their postwork lives without ever setting aside a dime in their own s ...

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