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Eyeing the Future
I DON’T TRACK MY finances that closely and I don’t make big financial moves very often. Partly, it’s because I’m so busy with other things.
Tag : Retirement
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Making sense of the markets this week: May 28, 2023
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for
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A Late Save
MANY RETIREMENT savers fund tax-deferred accounts—with good reason: The money we contribute pre-tax to an IRA or 401(k) reduces our taxable income,
U.S. population grew older, faster over the last decade
New data from the U.S. Census Bureau shows that the United States population grew older, faster than at any other time in over a century, according
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The five factors of retirement for Canadians
This month’s Retired Money column reprises a couple of interesting takes on the key factors in deciding one’s timing of embarking on retirement.
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The Mary Jean List
MY FATHER-IN-LAW Carson was a stereotypical engineer—organized and precise. All four of his children know the motto “measure twice, cut once.”
Home equity could trump Medicaid for LTC planning, expert says
Finding a way for financial resources to last is a concern for many in the reverse mortgage demographic, but these concerns may also lead to
Registered vs unregistered accounts: Where retirees should make withdrawals
Ask MoneySense We are in the age bracket where we need to take RRIF withdrawals every year. I am 81, and my husband is 82. We also have an
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My Retirement Home
WE BEGAN IN 2019 to think seriously about what we wanted our retirement to look like. My husband had retired in 2018. I was aiming to leave my job in
Best online brokers in Canada for 2023
Self-directed online investing has normalized after a few years of outsized activity spurred by house-bound investors and government stimulus
Inflation moderation could lead to smaller Social Security COLA
The cost of living adjustment (COLA) in 2022 and 2023 for beneficiaries of the U.S. Social Security program were at the highest levels since 1981.
Do non-residents pay tax on CPP? What if you live in the U.S.?
Ask MoneySense I moved to the U.S. at the age of 50, ten years ago, and currently live in Phoenix. When I turned 60, I applied for my Canadian CPP
$1.2 Million Dollars in 6 Months – Retirement Strategy Secrets Revealed
What does financial independence feel like? Well, you won’t have to worry about living paycheck to paycheck, and you’re free to pursue your
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The End Is Near: LeBron James Says He’s Seriously Considering Retirement– ‘I Got A Lot To Think About’
LeBron James Source: Wally Skalij / Getty After being swept by the Denver Nuggets, LeBron James said that he’s unsure if he will return to the game
Costs Worth Watching
AS I SURF THROUGH my streaming channels, I wonder if I’m paying too much for too much. Do you feel overwhelmed by the choices on Netflix and