We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Investing For Retirement - Research Paper Example

Comments (0) Cite this document
In the Family Finance section of Financial Post, there is an article entitled "Retirement Transition All About Expectations." This article is about a couple, Julius ,60, and Emma, 58, in Alberta, Canada who are both retirees, who's been worrying about how they can protect themselves financially if ever there would be a sudden change in the economy…
Download full paper
Investing For Retirement
Read TextPreview

Extract of sample
Investing For Retirement

Download file to see previous pages... Investing For Retirement

In the Family Finance section of Financial Post, there is an article entitled "Retirement Transition All About Expectations." This article is about a couple, Julius ,60, and Emma, 58, in Alberta, Canada who are both retirees, who's been worrying about how they can protect themselves financially if ever there would be a sudden change in the economy. According to Julius, "it might be difficult to make the transition from employment to retirement". Exposure to inflation is their main threat being a retiree. Don Forbes, head of Associates/Armstrong & Quaile gave them an advice on how they are going to utilize their financial plans to protect themselves against any threats. Forbes gave the couple a five year plan scenario on the pension plan they availed, stating what they should do, and explains its corresponding effects in the long run..

This article has been on the news because there are more other Julius and Emma who have been worrying the same thing once they are about to retire. Starting January 1, 2011, the Baby Boomers turned 65. These Baby Boomers are those generations in American history who were born between January 1, 1946 and December 31, 1964. This has been an issue for so many years and now it’s 2011, the Baby Boomers have reached their retirement age. People, especially in the U.S., were already in panic that for the next 19 years these Baby Boomers will push the national government into bankruptcy. This generation has been on a wrong timing since the economy until now is still on the verge of losing everything.
(“In 2011 the baby boomers,” 2010). I chose this article because Canada is not an exception in this crisis. It is significant for the Canadian families because just like Julius and Emma, most of the retirees now are having lots of questions about the reliability of the government and other company pension plans to fund their necessary needs and other expenses in the future. 2. SCOPE OF CANADA PENSION PLAN Canada Pension Plan (CCP) is one of the retirement income systems in Canada that has been mentioned in the article. The CPP is a national pension plan that was established by the government in 1966. This program is a monthly national defined benefit pension plan that is paid to contributors who are at least 65 years old or between 60 and 64 years old who met the earnings and contributions requirements (Monk & Sass, 2009). It is an independent financial institution wherein no political strings attached; its obligations are not government obligations as well as with its assets. The governance structure of this pension plan lies in the Canada Pension Plan Investment Board Act. It has a disclosure policy in which all quarterly and annual financial statements report and its public portfolio holdings must be disclosed to the public in the CPPIB website. Furthermore, the Canada Pension Plan Investment Board is an organization established to monitor and invest the funds held by the CPP. Independent from the government, the CPPIB was incorporated in 1997 as a federal Crown corporation by an Act of Parliament. In 1999, it made its first investment whose purpose is to maximize returns without undue risk of loss. Usually, the risks associated in applying a defined-benefit pension type of plan are funding risk and insolvency risk. In the first risk, members are concerned whether the employers can fulfill their promised benefits by assuring them adequate assets in the pension fund. On the report of Financial Services Commission of Ontario 2010, there had been an increase of underfunded plans by 79% in 2009 from 76% in 2008 out of 1,539 defined-benefit plans (cited in Davis, 2011, p. 6). The concern related on the latter risk goes on the employer's insolvency, in which the business assets of the employer would serve as the ultimate guarantee of the pension promises (Davis, 2011, p. 7). Sponsoring employers should avoid being insolvent as possibly as they ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Investing For Retirement Research Paper Example | Topics and Well Written Essays - 1250 words”, n.d.)
Retrieved from https://studentshare.org/finance-accounting/1411132-investing-for-retirement
(Investing For Retirement Research Paper Example | Topics and Well Written Essays - 1250 Words)
“Investing For Retirement Research Paper Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/finance-accounting/1411132-investing-for-retirement.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
The Value Investing Approach ( Banjamin Graham )
From the research it can be comprehended that Benjamin Graham did suggest that when it comes to picking stock, one should use a more defensive investment approach to stock trading as when they are below their tangible value, they are safe against any adverse future developments which often occur in the stock markets
12 Pages(3000 words)Research Paper
Kristin Decides to Try Her Hand at Investing
However, with the great potential for returns comes the potential for losses. This factor of risk is what separates older investors from younger investors. In contrast to an older investor, a younger investor can take more serious risks with his or her investments because the all-important factor of time is on his or her side.
4 Pages(1000 words)Research Paper
International Finance International Investing Project
As the paper outlines the explanations will offer insight on what is driving the valuations of the U.S.-based MNCs and the foreign stocks over time. Select two stocks of U.S.-based MNCs that you want to include in your portfolio. Make sure that your firms conduct a substantial amount of international business.
5 Pages(1250 words)Research Paper
Retirement options for nurses
However good the profession is, it cannot last forever: the physical strain of the nursing profession, which keeps them always on their toes, does not allow them to work till their retirement age; thus, most of the nurses prefer to retire as early as at an average age of 45 (Blakeley & Ribeiro, 2008).
3 Pages(750 words)Research Paper
The importance of financial literacy among young adults
The school curricula should not just be theoretical but should be a simulation of real-life, where students get to experience the consequences of making the right and wrong decisions without unnecessary pain. Students should be involved in the
15 Pages(3750 words)Research Paper
Retirement Plan
Company retirement plans are savings made by employees using their companies’ pension schemes. Deduction of a certain percentage of the employees’
3 Pages(750 words)Research Paper
Investment & Retirement Account
The amount to be deposited per month will be $2500. That is the minimum amount that is accepted. The portfolio will consist of bonds, options, and stocks. The choice of the investment in the portfolio has been determined by the level of risk associated with the
2 Pages(500 words)Research Paper
Investing Money towards Retirement
The author claims that it is never too late to start saving money towards retirement. Sam Johnson is currently 40 years old and he wants to save money towards retirement and to put his two kids through college. His two kids are ages 3 and 8 years old. It is reasonable to assume they will start college at the age of 18 like most teenagers.
5 Pages(1250 words)Essay
Investing In Retirement
My wife and I are planning to start investing and saving for the future. The sooner we start setting money aside for retirement, the better because this is what makes the investment worthwhile in the end. Starting early enough is imperative because of the aspects of compounding interest that tends to accumulate the amount invested.
1 Pages(250 words)Essay
1.Indirect Investing
The indirect property investment occurs when the investor invests in a product which further invests in any property. This indicates that the investors are
8 Pages(2000 words)Research Paper
Let us find you another Research Paper on topic Investing For Retirement for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us