Optimization of Savings and Retirement for Canadians

There are numerous financial goals that most Canadians face. Retirement, funding post high school education, managing debt, purchasing appropriate amounts of insurance and saving for lump sum purchases. Each of these goals has various accounts and savings vehicles associated with them. The research projects we are proposing will help Canadians define their own financial situation, focus on their goals in the optimal order, and best utilize savings vehicles and government benefits to best meet their goals. Glencairn Financial Inc. wishes to be in the business of helping Canadians meet their goals no from a product and sales approach, but from a mathematical and optimization approach.

Faculty Supervisor:

Michael Chen

Student:

Jingyi LIU

Partner:

Glencairn Financial Inc

Discipline:

Mathematics

Sector:

Finance, insurance and business

University:

York University