Wealthy Retirees Hit Harder

10 April 2008
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Advisor’s Edge Report, Bryan Borzykowski

Your wealthy clients might have more money now, but expect their income to decline significantly — at least compared to that of low-income earners — during their retirement years.

A new Statistics Canada report says that, on average, 75-year-old Canadians had “family disposable incomes” that were 80% of what they earned when they were 55.

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Stewart & Kett Financial Advisors Inc.
911- 123 Front Street West,
Toronto, Ontario,
M5J 2M2, Canada
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