Even if you aren’t a caregiver for your elderly parents there may come a time when financial issues have to be discussed with them. Sometimes seniors aren’t able to handle their money as well when they age. Often this...
Pre-planning your own or your loved one’s funeral arrangements is something that is sometimes difficult to think about. But it is something that simply should be done.
No one wants to think about their own or their loved ones’ death...
Recently we discovered an article published by The Globe and Mail, ‘Seniors taking out mortgages – is it ever a good idea?' By Diane Jermyn. The article follows a senior couple who are considering accessing funds locked up in...
Most of us could use a bit of financial help as we get older. For those who live on a fixed income, senior discounts can make the difference between being broke at the end of the month or having...
Seniors, especially those who are isolated, tend to become victims of fraud or financial abuse. Telemarketing scams are common. Financial abuse from friends, relatives and others who are in a position of trust can also occur. Quite often the...
One of the latest research studies completed on women’s retirement shows that women are still at a greater risk of a financially insecure retirement when compared with their male counterparts. In most cases, women are still being paid less...
Great question! There is so much uncertainty these days on the various pension plans (or lack of) amongst various countries. The CPP (Canadian Pension Plan) has been under debate for decades now. So the question of the day is,...
Lease or buy a vehicle? Which is better for seniors? The debate for either one seems good at the onset. Buying a vehicle allows you more freedom and you can drive as many miles as you like. Then you...
Many people are told to “Have an estate sale” and some people are horrified at the thought of having 100s of strangers walking through the family home. Is an estate sale a good idea?
I just read about a lady...
When it comes to Estate Planning, it is crucial that you consider the issues that may arise after you have moved on.
On top of all of our responsibilities, it may be difficult to set aside enough time to ensure...
