Tag: Personal Finance

Mar 17

FP Answers: I’m 73 and newly widowed so how should I best organize my finances and investments?

Breadcrumb Trail Links Personal Finance Keep in mind the three wealth destroyers as your analyze your new financial situation There are costs that will reduce your overall wealth when you invest or borrow money. Photo by Getty Images/iStockphoto Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from […]
Mar 17

This retired Ontario man has been living on cash savings — but that’s a mistake, experts say

Breadcrumb Trail Links Personal Finance Family Finance While living off cash sounds logical, the reality is you end up with less money in the long run than from equity investing An Ontario man is currently living off of his savings and has yet to touch an $800,000-plus defined benefits pension plan. Photo by t Getty […]
Feb 7

Canadians now expect to need $1.7 million to retire, up 20% from 2020, BMO survey finds

Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article content Canadians believe they will need to save up $1.7 million to retire, up 20 per cent from 2020, according to a study published by BMO Financial Group on Tuesday. […]