There are plenty of opportunities to save for your future, and congratulations if you have some savings vehicles in place. An essential aspect of an effective savings plan is to ensure that it is balanced in saving and investing...
Currently many families are facing a financially challenging time. In fact, many Canadians 55+ are looking for a solution that can enable them to provide financial support to their loved ones whose employment and income have been impacted by...
As your parents age, everything can become more difficult for them— physically, mentally, and emotionally. Finances are also an especially fraught subject, after years of being breadwinners and money-managers. But circumstances change, so it’s a good idea to plan...
Although retirement can be a joyous occasion, there are many things that you will need to figure out before leaving your place of employment. One of the most important things is proper insurance coverage.
Health Insurance
Even those who qualify for...
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At a time when retirees risk running out of money, making your money last in retirement is more important than ever. A common recommendation is to establish additional income streams and cut your costs as...
In a perfect world, homeowners would have their mortgage paid off long before they hit retirement age. This is ideal, as a hefty monthly mortgage payment can take a sizable chunk out of a fixed income. However, not all...
You’ve by now seen the commercials on television where a famous, now aging actor spews forth about the benefits of older folks seeking a reverse mortgage loan to put cash in their pockets to spend on any number of...
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Let’s face it. We all know why you’ve put off estate planning for this long.
You don’t want to think about your death. And there is no shame in that. Death is scary!
But so is the prospect of leaving...
During retirement living, in excess of 50 million individuals depend on Social Security benefits for part or even all of their income. Even though most working Americans don't have any plan for financing their retirements with only Social Security...
You’re looking to start a business in retirement, but you’re not sure what type of business makes sense for you.
There are so many different types of businesses you can start these days.
Where do you even begin?
There’s one key question...
