Once you hit 65, it’s time to take that pension and retire, right? Not necessarily. While the retirement age across Canada may be 65, retiring the moment your pension kicks in may not be your best option financially if...
The era of children moving out at 19 years old and becoming fully financially independent is slowly disappearing. With soaring housing prices and easier access to credit, younger generations are becoming more and more indebted. These days, it is...
April is almost here and for most of us, it is synonymous with taxes. Completing tax forms correctly can be confusing and for older adults it can be almost impossible to do on their own. Many seniors can't afford...
Reaching retirement age doesn’t have to impact finances. Financial security is a real fear among many seniors, but it’s never too late to use your hard-earned money to invest.
Real estate is a good choice, because as described by Senior...
At the best of times, moving can be chaotic and stressful. You have to be an organizational wizard to keep everything on track and on time. Moving to a new home for a senior with dementia is even more...
Elevating how we talk about money – hindsight from a Sandwich Generation Caregiver
My membership in “The Sandwich Generation” club became real for me during a 3 week period when we were told my Dad was terminal, my Mum was...
The average retirement age in America is 62. You might be amazed to find that people aren’t waiting until 65, but you really shouldn’t be. It really shouldn’t be a shock – people’s health starts to falter, and partial...
No matter your age, divorce can be very difficult on your personal well-being as well as your finances. Divorcing at a later stage in life can be even more challenging to your finances. Over the last few decades, with...
Richard, who is in his nineties, is healthy and enjoys his independence. He loves his home and wants to stay there as long as possible. Since he lives alone, Richard was concerned about what would happen in an emergency,...
Not long ago I acted on a TV show opposite Linda Gray (Dallas). Shortly after, I was on a different set with Raquel Welch and Robert Wagner. Linda is 78, Raquel is 78, and Robert is 88. Each of...