Inflation has shot up over recent months, making it increasingly difficult for Canadians to make the most of every dollar spent. And the situation is even direr for seniors on a fixed income.
Government Aid Can’t Keep Up With Inflation
The...
Health care is one of the biggest expenses that can affect your retirement budget. The costs continue to rise, and this is why it is important to take the necessary steps to reduce your out-of-pocket health costs. Keep on...
Whether you’re satisfied with your pension or not, taking up a side-hustle could be a fantastic way to keep your body active and your mind busy. Even if you’ve reached your State Pension age, you can keep working for...
When a death occurs, people rarely think about what happens next. And when they do, loved ones are often unprepared for the harsh legal, bureaucratic, and emotional realities.
While many older people focus on creating their wills and appointing their...
The probate process can be a challenging and overwhelming experience, especially if you are unfamiliar with the process. However, by taking the time to understand the basics of probate and preparing in advance, you can make the process much...
Retirement is a huge life event and one that practically every member of the working population will eventually experience – whether reaching the state pension age and deciding to retire or electing to retire early for a longer life...
Saving for retirement is an important part of financial planning. It ensures that you will have enough income to live comfortably when you retire, and it can help reduce the burden on your family should something happen to you...
Retirement is a time to enjoy life and relax. But for some seniors, retirement isn’t all they expected it to be. Many retirees find that their savings run out before they can fully enjoy the benefits of not working...
There comes for all of us a time when we need help, even those elderly parents or relatives who insist that they absolutely do not. While a touchy subject for some, it’s good to offer to relieve some financial...
After many years of building and nurturing a career, retirement rolls around. It can be an opportunity to prioritize the things you enjoy or shift your focus to your family, home, or unrealized passions and dreams.
However, it may be...
