How has retirement planning been impacted by the pandemic?
Whitepaper | New realities in retirement
Retirement planning considerations for the modern financial advisor
Millions of Canadians experienced financial hardship during the pandemic, succumbing to the inevitable layoffs and furloughs that devastated streams of income. In response, the government offered assistance in the form of economic stimulus packages, the latest of which focuses on relief for unemployed or sick workers, and parents/caregivers.
All of these factors created new scenarios for advisors to consider in the retirement planning process including altered savings strategies, extended time horizons, investment opportunities, and the possibility of making higher retirement contributions.
Download this whitepaper to learn about the opportunities and setbacks of retirement planning during a pandemic.
54 percent of Canadians say they have no formal financial plan