A Montreal Retirement Plan Consultant Who Provides Better Outcomes
Montreal is located close to the border of Canada and the United States and is one of the most diverse cities in the world. The city continues to grow at a steady rate, and there is a huge pool of corporate talent to draw from. A solid benefits package is a great way to lower turnover rates at any company, as talented employees want to know they are taken care of and that you are invested in more than the money they bring to the company. A Montreal retirement plan consultant from HUB International can help you create a policy that does just that.
In Canada, the average age of retirement is just over 64 years of age, and Montreal is home to more than 770,000 individuals of that age. The average age of a person in Montreal is 40 years old, and this is a time when workers really start to consider what they want to do and how they want to pay for it after they retire. They want a sense of security about the future and proof that you value their contributions to the company.
Protect Your Employees and Improve Your Reputation
To reach age 65 and have $800,000 to live on requires saving certain amounts. Those who are planning to retire should be saving just over $11,000 a month by the time they hit age 60, assuming the average annual return is at least 6%. Compare this with the fact that residents of Montreal who are 18 should only be saving $277 a month for retirement, and it becomes clear how important it is to get started on retirement early.
When you offer retirement programs to your employees, you show that you care about them on an individual, personal level. HUB International offers a multi-year, full-service approach that includes:
- Establishment of a governance committee
- Financial wellness
- Monitoring of investment performance
- Member communication
We take a holistic approach to employee wellness because we know that financial stress and lack of access to benefits can negatively impact worker productivity. As your preferred Montreal retirement plan consultant, our brokers consider company leadership, employees and employee family members when designing a retirement plan.
Your employees who contributed to the Quebec Pension Plan may receive an additional benefit once they hit a certain age, and this can affect the type of retirement they need. A HUB International broker understands the ins and outs of retiring and how employees can use personal savings, public plans and private plans to subsidize their income when they stop working.
Why Choose Us as Your Preferred Montreal Retirement Plan Consultant?
At HUB International, we believe we offer the best options in retirement plans for employees that also lower costs for employers. We have more than 15,000 employees across North America, as well as more than 530 physical locations. Our core values are:
- Service
- Integrity
- Entrepreneurship
- Accountability
- Service
- Teamwork
We take these core values, the experience we have gained over 20 years in the industry and the amount you want to spend, and we create a package that benefits both you and your employees. We meet our customers wherever risks exist for them and help you protect your employees when it matters most.