Retirement is a phase of life that can be both exciting and intimidating. These years may include taking up new hobbies, traveling, spending time with family or even moving into a new and more comfortable home. In 2017, 38%...
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...
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...
What is senior financial health? We always talk to physical, emotional and mental health but what about financial? The number of seniors in North America is increasing yearly. Do these seniors feel well financially?
Surprisingly, seniors, which include those 50 and over...
The last thing any of us want is our children fighting. We expect it when the are young and growing up. We hope any sibling rivalry comes to an end once they have grown up. Sometimes it does. Sometimes it...
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...
Elder Abuse Day is on June 15th. Until then, we will be running a series of articles on the different types of elder abuse. The World Health Organization (WHO) defines elder abuse as “a single, or repeated act, or...
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...
Research suggests that after the age of 70 our financial decision making abilities can decline rapidly. Year round, especially during tax season with people posing as government and credit company representatives, we are hearing about more scams and new...
Tax season is here. Some seniors have their income tax prepared by a tax preparation company For those who do their own taxes make sure you don’t miss any deductions. Using tax software can help but check to see...
