News

Mid-life and Behind in Retirement Planning

January 25, 2012

With the looming increase in the cost of mortgages, household bills and kids’ tuition, life is expensive for Canadians hitting the big 4-0. According to the TD Retirement Savings Poll, Canadians in their 40s admit that they are not properly preparing for retirement, and 32% haven’t even opened a registered retirement savings plan (RRSP).

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Reverse Mortgages Soar

January 9, 2012

The need for an improved cash flow in retirement is leading to record number of reverse mortgages in Canada, according to a HomEquity Bank study.

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Canadians Risk Outliving Their Savings

October 12, 2011

We frequently hear that Canadians are unsure how much to save for retirement. But a new study by Edward Jones reveals clients may be equally clueless about how much they can spend in retirement.

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Money Talk on BNN

April 28, 2011

We are pleased to announce that Capital Wealth Management was asked to be a guest on the TV show “Money Talks” with Patricia Lovett Reid on BNN.  Because of our expertise in retirement analysis and planning, David Somerville was a special guest discussing the issues surrounding retirement and how to avoid running out of money in your lifetime.  Click on the link below to watch the show.

http://watch.bnn.ca/moneytalk/producers-diary/moneytalk-april-25-2011/#clip455766