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Forget downsizing: Canadian seniors staying in large houses well into their 80s, due in part to lack of options

Forget downsizing: Canadian seniors staying in large houses well into their 80s, due in part to lack of options

Seniors are now less likely to sell their homes before age 85, it said, noting the demographic shift needed to free up a meaningful amount of housing stock won’t start happening for several years. “According to Statistics Canada’s demographic projections, population growth in the 85-and-over age group will be higher from 2030 to around 2040.”
Retirement savings calculator

Retirement savings calculator

Sun Life can help you build and protect your savings with investment products, life insurance, health insurance, and financial advice.
Canadians believe they need $1.7 million to retire: survey | Benefits Canada.com

Canadians believe they need $1.7 million to retire: survey | Benefits Canada.com

While Canadians, on average, believe they need $1.7 million in retirement, this amount varies among different generations of employees.
How 5 employers are broadening the scope of mental-health support | Benefits Canada.com

How 5 employers are broadening the scope of mental-health support | Benefits Canada.com

Two-thirds (67 per cent) of Canadian benefits plan members used their mental-health benefits in the last year, according to the 2023 Benefits Canada Healthcare Survey, while three-quarters (73 per cent) said their workplace environment supports mental wellness.
Nearly a decade ago, Sun Life began its mental-health journey by aligning the National Standard for Psychological Health and Safety in the Workplace across a wide range of elements within its employee experience.
FHSA: Tax-Free First Home Savings Account

FHSA: Tax-Free First Home Savings Account

Sun Life can help you build and protect your savings with investment products, life insurance, health insurance, and financial advice.
Opinion: Don’t blame the boomers for the economy – they put in more than they take

Opinion: Don’t blame the boomers for the economy – they put in more than they take

Boomers continue to contribute more to the economy than any earlier generation. It is they who pressured governments some years ago to eliminate mandatory retirement at age 65. Today, they are working longer than the generation before them.
Bank of Canada's inflation 'buffet' muddies timing of cuts - BNN Bloomberg

Bank of Canada's inflation 'buffet' muddies timing of cuts - BNN Bloomberg

The Bank of Canada says it’s watching core inflation closely as it weighs when to cut rates, but a mixed bag of measures gives it options on timing and clouds the outlook for markets and economists.
Net worth calculator

Net worth calculator

What’s your net worth? It’s the total value of everything you own, minus your liabilities (debts). Use this net worth calculator to see how your net worth...
Critical illness insurance calculator

Critical illness insurance calculator

Sun Life can help you build and protect your savings with investment products, life insurance, health insurance, and financial advice.
Canadians making tough spending decisions amid headwinds: survey - BNN Bloomberg

Canadians making tough spending decisions amid headwinds: survey - BNN Bloomberg

A third of Canadians anticipate being unable to pay their bills in the coming months, a recent survey has found, amid fears about the possible downturn ahead.
Invest with style to secure your retirement this RRSP season: Dale Jackson - BNN Bloomberg

Invest with style to secure your retirement this RRSP season: Dale Jackson - BNN Bloomberg

Waiting for the market to recognize the value of an equity could take time, which makes value investing great for RRSPs because investments can grow sheltered from tax until they are withdrawn in retirement.
How to keep more of your retirement income and pay less tax

How to keep more of your retirement income and pay less tax

Want to turn your savings into as much retirement income as you can? Try looking at your retirement income through a tax lens.
Working from home has a dark side, research suggests

Working from home has a dark side, research suggests

Proponents of working from home like to tout benefits such as increased productivity and better work-life balance, but research suggests remote work could harbour a dark side, too.
The central bank said Friday it will soon restart auctions of Canadian government cash balances, something it hasn’t done since August 2020.
Do you need life insurance if you’re wealthy?

Do you need life insurance if you’re wealthy?

Do you have a high-net worth? Find out how you can use life insurance to help grow and protect your finances....
Dollar-cost averaging: Making investing automatic

Dollar-cost averaging: Making investing automatic

Dollar-cost averaging has 2 advantages: It turns saving into a habit and it keeps you from trying to time the market.
Health insurance in retirement: How to pay for your health costs

Health insurance in retirement: How to pay for your health costs

Don't let health care costs change your retirement plans. Here's how you can plan for health insurance in retirement. Visit sunlife.ca to learn more.
Inflation: What it means and how to protect yourself

Inflation: What it means and how to protect yourself

Inflation is rising in Canada. What does this mean? And how will it impact your savings and retirement? Learn more in this article....

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