What's more, a financial projection that takes the Medicare tax into account in estimating the amount of wealth that can be preserved into later retirement years or passed on to heirs could produce stunning results in some fact patterns. (fairmark.com)
This mix is conservative enough to use even in late retirement, but they can dial down risk by adding GICs as they get older. (moneysense.ca)
That said, the recent trend toward later retirement ages seems likely to continue — even if government programs remain unaltered. (canadianbusiness.com)