With millions of Canadians unprepared for retirement, what can advisors do?
The painful reality of Canadian retirement appears to be how few of us are actually ready for it. Across the three core metrics measured by the National Institute on Ageing (NIA) at Toronto Metropolitan University — health, wealth, and socialization — retirees and pre-retirees are in a difficult position. Savings rates are low, social networks are weak, and physical health remains a key corollary with better financial and social outcomes.
