Stability is the key to success. Invest wisely now, retire comfortably later. When is the best time to invest for my retirement, and how? This is a question that astute investors should be asking themselves. The New Pension Strategy for Canadians offers simple guidelines on how to harness the techniques used by larger pension plans and make them work for your individual needs. The key to successful investing is to structure your portfolio to achieve the maximum possible return, with the minimal amount of risk. Andrew Springett returns with an updated and revised edition that clarifies the complexities of the world's best-run investment plans and reviews the importance of creating an individual optimal portfolio by using modern portfolio theory, dynamic asset allocation, and diversification. This second edition has been expanded to include two new chapters of current valuable information needed to continue investing wisely. What role should the Tax-Free Savings Account play in a retirement plan? "Lessons Learned from a Crisis" is a section of information compiled by professionals from within the financial industry, and there's also a chapter on the importance of integrating financial, investment, and tax planning with risk management and estate planning. The book is built upon the work of Nobel Prize winners William F. Sharpe and Harry M. Markowitz.

Over the past 20 years we have witnessed both the greatest bull market of all time and one of the most devastating crashes in history. During this period, pension funds posted returns of more than double those realized by individual investors, while being exposed to less than half of the risk and volatility individual investors were forced to endure.

Get the Most out of Your Canadian Government Pension! Are you getting everything you can from the government? The public pension system is complex and often changes, which means many people are not claiming money that they're entitled to. Do you know all of your options for maximizing your pension? Many people missed out on government pensions because they failed to take action to maximize their benefits. Could you use more money to pay your bills? This book was written to help you get the most out of your government pensions. Inside you'll find everything you need to know about Canada's public pension system and the actions and strategies that you can take to reduce the clawback on your OAS pension. Specifically, you will learn: What benefits are offered, how to qualify, and how to apply for it. Why it is important to have an RRSP withdrawal strategy. Why it is important to have a tax-efficient investment strategy. How you can minimize the clawback, maximize your pension, and save taxes by following a few simple and proven strategies. Read this book to make sure you're not missing out on benefits that could help you pay your bills and balance your budget.

Like other transfer programs, a pay-as-you-go public pension system can significantly affect economic behavior and, hence, relative prices and macroeconomic aggregates. This paper illustrates some of these effects, which are important in weighing options for reforming public pensions, in the context of a stylized model of the Canadian economy. It shows that introducing such a system can reduce aggregate saving, income, and wages and increase interest rates. It also shows that a significant part of the distortion can occur because benefits are not explicitly linked to contributions and that creating a linkage can reduce the distortions associated with the wage tax that funds plan contributions.

In "The New Retirement, Dian Cohen delivers a wake-up call to Canadians who mistakenly believe that the old rules of retirement will still apply in the new economy. There are profound changes happening in our society, and these changes will affect when, how, and even IF we retire. In the first part of her book, Cohen examines and destroys some of the myths on which we base our future planning. These myths include: , The myth of the job (working 45 years for one company and receiving a company pension) , The myth of viable, universal pensions , The myth of universal health care. The second part of the book provides options, alternatives and solutions for managing retirement in our changing society. The nuts and bolts of devising a personal plan are clearly laid out, as are saving strategies and investment options. Cohen offers reminders on how to avoid paying too much tax and alternative ways of planning your estate so that people you care about benefit from your assets, and Revenue Canada doesn't get the lion's share. Most importantly, "The New Retirement illuminates the importance of having a smart strategy and planning ahead. And it's never too late. "What's the best time to plant a tree? Twenty-five years ago. What's the next best time? Today."

An "owner's manual" for every Canadian with a pension plan. Millions of Canadians are covered by pension plans in one form or another-whether that's CPP or a company plan, or personal RRSPs. But pensions are the benefit least understood by employees. They're confusing and complex, but understanding pensions is crucial to every Canadian's financial security in retirement. Since its initial publication, The Pension Puzzle has become the definitive book on the subject. Now completely revised and updated, The Pension Puzzle remains a true owner's manual for anyone with a pension plan. The Pension Puzzle is not just for those about to retire. It's for every working Canadian who needs to make decisions about their pension plan and how it affects their financial future.