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22 September 2013

Survey Shows Boomers don’t have Enough to Retire

Just yesterday we talked about seniors and their debt, and today that focus shifts to today’s baby boomers. According to a new study conducted by BMO, baby boomers don’t have the amount of income they believe they need to retire comfortably. As you can see from the chart above, nearly half – 46 per cent…

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29 August 2013
As Our Debt Load Increases, Equifax says it’s Retirees that are Piling it On

It’s been no secret that Canadians are in trouble when it comes to their overall debt load, and our debt-to-income ratio is still hovering above the 160 per cent mark. That’s why when it was revealed last week by Equifax Canada that our debt load has increased once again, it was big news. And the…

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