Five million Canadians will turn 65 this decade. Traditionally, this is an age when many retire, however traditional ideas of retirement are changing. In today’s reality, people are living longer, which means having to stretch their savings further.
Five million Canadians will turn 65 this decade. Traditionally, this is an age when many retire, however traditional ideas of retirement are changing. In today’s reality, people are living longer, which means having to stretch their savings further.
I encourage you to bookmark this page for future decumulation innovations, resources, and insights. And I look forward to partnering with you to meet the decumulation challenge.
Sincerely,
Eric Monteiro
Eligible Canadians will receive more financial assistance this summer from their Old Age Security (OAS). Starting in July, people aged 75-plus will receive a 10% increase to their monthly OAS payment.
Many workplace plan members can choose from several buckets of retirement income. They need a comprehensive plan to create a reliable paycheque when it’s time to decumulate.
Workplace retirement-plan members often face what seems like a daunting task when they retire: They have to build a sustainable income that spans decades, decide how to spend their time in retirement and what that will cost, and think about leaving a legacy.
Financial security is a key pillar of Sun Life’s sustainability strategy. By providing Clients with innovative products and services, we’re helping secure their—and their family’s—financial future.
Our Group Retirement Services decumulation strategy focuses on: