The looming shift of money to and from the baby boomers promises to be the greatest intergenerational wealth transfer in history, and Canadian financial advisers are looking to investment and insurance strategies to help clients hold onto their money.
For decades, the retirement of the baby boom generation has been a looming economic threat. Now, it’s no longer looming — it’s here.
This list that includes high property taxes, taxations of retirement income, estate taxes, and cost of living. Retirees should factor in other considerations such as medical care, recreational and cultural opportunities, natural beauty, transportation, crime and natural disasters.