How to Estimate Your Retirement Expenses
If your retirement date is approaching and you now have some idea of how you’d like to spend your time, the next item on your retirement plan begins with estimating your cost of living...
If your retirement date is approaching and you now have some idea of how you’d like to spend your time, the next item on your retirement plan begins with estimating your cost of living...
Sometimes retirement is hard to visualize even when you’re close to it. All the advice on how to prepare for retirement consists of socking away as much as you can until you’ve built a...
Soon-to-be retirees want a simple formula for making their retirement plan. There are hundreds of calculators that will crank out numbers showing how many years until you can retire, how much you need to...
A couple we know – Pete and Janice – sold their suburban home and moved to a 2-bedroom condo apartment downtown. Downtown apartments are expensive in any city, so they didn’t recoup a lot...
The economic impact of the novel coronavirus has resulted in the biggest market downturn in almost two decades. The TSX/S&P Composite Index has lost 30% of its value from its record high. Some investors...
The youngest Canadian baby boomers turn 55 this year. Back in the 1980s, the economic recession resulted in few viable career opportunities for this age group and they were more likely to have faced...
All too often retirement planning is based on cookie-cutter assumptions – you have to save 25 times your desired income, or $1 Million , or you need 70% of your current income to live...
When preparing for retirement there’s more to think about than days of leisure and no more alarm clocks. Even smart people can make financial mistakes, whether they result from errors in judgment or just...
Have you heard the saying that life is more fulfilling if you are running towards something rather than running away from something? This is particularly true when it comes to planning your retirement. Many...
How much do you think you need in retirement savings before you can retire? It was not that long ago that financial planners insisted that the minimum goal was $1M in investments to afford...