Monday, November 17, 2014

November is Financial Literacy Month in Canada

Financial literacy means having the knowledge, skills and confidence to make responsible financial decisions. To raise awareness and promote financial literacy across Canada, the Financial Literacy Action Group (FLAG) has named November "Financial Literacy Month".

Canadian youth today are faced with financial decisions that can affect their lives for many years. To help them gain the financial skills and knowledge that will benefit them throughout their lives, Investors Group has partnered with the Canadian Foundation for Economic Education (CFEE) to produce the "Money and Youth" program which is offered free of charge to Canada's approximately 3,400 high schools, to help young people acquire the tools and understanding needed to undertake economic and financial roles, responsibilities and decisions with confidence and competence.

For more information on the "Money and Youth" program, take a look at the following video, visit the CFEE website or talk to your advisor.




Wednesday, June 4, 2014

CAN YOU AFFORD TO RETIRE? – DO YOU WANT TO?

"Can I afford to retire?" has always been a tough question that those approaching retirement age must ask themselves, and it has never more true than now.  

Whether they hadn’t saved enough money for retirement or they faced higher living costs than expected, almost one in three retired Canadians has had to return to the workforce.

The Canadian Press recently reported on two new online surveys conducted by ING Direct that found the divide between how much people saved, and how much they actually needed, was too wide to handle without a paycheque. “Among the many other financial priorities we face during our prime working years, we need to make sure that retirement planning doesn’t get overlooked.” remarked ING Direct president and CEO Peter Aceto.

Follow the link below to read the article and be sure to talk to a professional advisor about your retirement plan ... before your 'Golden Years' become a little tainted.