Retirement is a major life event that needs to be financially planned for. Unfortunately, many people don’t believe that they have or will have enough saved. In a recent Financial Post article, they shared that nearly half of non-retired Canadians don’t believe that they will be able to live comfortably in retirement. In another research … Read more
Social Security has not been adequately funded for years, and there is no plan to fix it. This presents a difficult situation for the next generation of retirees – how can they be prepared financially when they can’t rely on social security? In the face of mounting evidence that Social Security will not be around … Read more
Everyone wants to enjoy a comfortable retirement, but unfortunately, this goal feels out of reach for most people. Individuals approaching retirement can increase their chances of financial stability by working to master practical money skills that will be essential once the working years are in the rearview mirror. According to a study from early 2021, … Read more
Investors nearing retirement have different needs than investors with many years remaining in the workforce. Retiring means losing the regular paycheck from work, and as a result, replacing that income is a key consideration. Many investments appeal to retirement investors, such as purchasing quality dividend stocks like the Dividend Aristocrats. But there are also many … Read more
Are you in a situation and wonder whether to pay off debt or save for retirement? If so, this article is for you. Being able to retire means having enough passive income to cover your monthly expenses. Since debt payments eat into your monthly surplus, paying off debt is as essential as saving for retirement. … Read more
My work as a producer lets me learn all sorts of interesting things. In my years developing video content for the internet, I got to interview people from all walks of life. I got tips from 5-star chefs and a walkthrough of creating an app from a narrative game designer. I even interviewed doctors who … Read more
Are you wondering if you can retire at 62 with 300k? If so, you are not alone. The key to knowing when if you can retire at 62 with 300k is knowing your Financial Independence Number (FIN). Your FIN tells you how much you need to generate enough income in retirement. Retiring (at any age) … Read more
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