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Retirement

Canadians anticipate longest retirement

Posted by on Jun 20, 2017 in Retirement, Saskatchewan Pension Plan | 0 comments

June 15, 2017 A global survey from HSBC reveals that Canadians anticipate some of the longest retirements, but they are among the least likely to seek information to guide financial decisions. According to the study, Canadians expect to retire at 62 and live to the ripe old age of 85 on average, resulting in one of the longest retirement windows amongst their global peers (global averages: 61 and 81 years, respectively). However despite expectations of a long retirement, Canadians are...

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June 5: Best from the blogosphere

Posted by on Jun 19, 2017 in Compensation, Consumer savings, Quality of Life, Retirement, Saskatchewan Pension Plan | 0 comments

June 5, 2017 This week it’s back to basics with some of our favourite bloggers. On HowToSaveMoney.ca Heather Clarke shares Budget Home Decorating Ideas. She says you can often make a “knock off” of a pricey designer item and a little bit of spray paint goes a long way. She also reminds us that there are some hidden gems at the dollar store. Rona Birenbaum, a financial planner at Caring for Clients offers 5 reasons why you should negotiate your severance package. She notes that there...

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Should the age of CPP/OAS eligibility be raised?

Posted by on Jun 19, 2017 in Retirement, Saskatchewan Pension Plan | 0 comments

June 1, 2017 Results from the 2016 census show that there are now 5.9 million Canadian seniors, compared to 5.8 million Canadians age 14 and under. This is due to the historic increase in the number of people over 65 — a jump of 20% since 2011 and a significantly greater increase than the five percent growth experienced by the population as a whole. This rapid pace of aging carries profound implications for everything from pension plans to health care, the labour market and...

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April 17: Best from the blogosphere

Posted by on Jun 12, 2017 in Investments, Money management, Retirement, Saskatchewan Pension Plan | 0 comments

By Sheryl Smolkin April 17, 2017 In a guest post for the Financial Independence Hub, Certified Financial Planner Gennaro De Luca writes that based on his experience, men and women approach taxes and investing differently. For example, he says nine times out of 10 it is the woman who takes the bull by the horns to get the family’s taxes done. Women tend to be more involved and are much more apt to ask questions of their accountant or tax preparer about tax credits and government benefits the...

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April 10: Best from the blogosphere

Posted by on Jun 12, 2017 in Consumer savings, Money management, Retirement | 0 comments

By Sheryl Smolkin April 10, 2017 Last week I couldn’t resist buying bright yellow forsythia, pussy willows and stalks of purple iris from the florist at one of my favourite grocery stores. It will be a few weeks before the flowering trees in my neighbourhood burst into bloom, but when I walked the dog this morning I heard the rata-tat-tat of industrious woodpeckers and crocuses were already pushing through the damp earth on the sunny side of the street. If it’s spring, Alan Whitton...

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Mar 27: Best from the blogosphere

Posted by on Jun 8, 2017 in Consumer fraud, Money management, Retirement | 0 comments

By Sheryl Smolkin March 27, 2017 It’s that time of month again. Here are a series of personal finance videos for your viewing pleasure. Rob Carrick at the Globe and Mail says an overlooked way to prepare for retirement is to establish the groundwork for working beyond age 65 when you are still in your 40s and 50s. Another interesting Globe and Mail video offers valuable advice on avoiding financial fraudsters including how to protect your computer and online passwords. Bridget Casey from...

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