Planning for Retirement
I did not get to usher my parents into old age, or really even into retirement living. My grandparents had all passed away by the time I was 19 years old. I have no direct experience caring for elderly people. As a result, I'm not sure what I can expect my own day-to-day life to look like when I am "old."
How critically important would it be for you to be in control if life as you know it changes this spring? Remember -- you can prepare now while you are of sound mind and body, or you can pay later. Which one would be your preference?
Today, it takes more brains and effort to make out the income-tax form than it does to make the income. - Alfred E. Neuman
Canadians are living to 81 on average, which means you'll have plenty of time to sit in a rocking chair if that’s what you want. But, we’ve got some ideas to help you embrace change and make the most of a brighter post-work life.
It is laughable that the Ontario Liberals are scolding residents of the province for not putting enough away for their own retirements when the Government has so chronically underfunded it's own defined benefit pension plans that they look more like Ponzi schemes than retirement benefits.
The retired life can be a life of ease; a time to play catch-up on relaxation and repose. But after living a working life
It doesn’t matter whether you’re at the start of your career or the end of it, whether you’re single or have a family to
Let’s say you hit the jackpot — we’re talking about the $50-million range here — what do you do next? Your first moves are
Congratulations — after many years of monetary sacrifice, you have finally made it to the mountain top and accomplished what
Over the past few years, numerous articles and studies have begun to report that Baby Boomers aren’t saving enough. In fact
On the road to financial comfort and a history of good investments, it is more than likely that you’ll run into your fair
If you are a card-carrying member of the Boomer generation, you’ve got a new focus after years spent at the office and raising
The Canadian workforce is changing as hordes of baby boomers prepare for retirement and masses of underemployed Gen Xers
How do you envision your retirement? I imagine that for most retired (or nearly retired) people, you'll have a better idea of what life will be like; but what if you're 20 or 30 years away? I think most people in that age group would have a harder time giving a confident response.