October 26, 2025

The Past Week’s Reads — July 7 – July 13, 2025

Are you choosing to age at home? Do you know someone who is? Share your experience with The Globe – Globe and Mail, August 6, 2025
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-aging-in-place-callout/
Staff writers examine how “Many Canadians want to age in place, choosing to grow old in their own homes and communities while having access to social supports, services and equipment that allow them to live independently and safely.” and state that “Nearly all Canadians (91 per cent) want to age at home as long as possible, according to a 2024 report from the Canadian Institute for Health Information. ”

For some retirees, a promised cut to mandatory RRIF withdrawals could mean a bigger tax hit – Globe and Mail, July 31, 2025
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-rrif-mandatory-minimum-retirement-income-fund-changes-liberals/
Meera Raman discusses how “for lower-income Canadians drawing above the minimum, the proposed change could unintentionally increase their tax burden in the short term if the plan doesn’t include changes to the withholding tax.”

Just how serious is high cholesterol for retirees, and what can you do about it? – Globe and Mail, August 6, 2025
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-just-how-serious-is-high-cholesterol-for-retirees-and-what-can-you-do/
Frederick Vettese reviews how “By adopting a Mediterranean diet and regular exercise, the average man can cut his risk of cardiovascular disease almost in half.”

“I inherited my husband’s TFSA. Does that affect my contribution room?” – MoneySense.ca, July 29, 2025
https://www.moneysense.ca/columns/ask-moneysense/i-inherited-my-husbands-tfsa-does-that-affect-my-contribution-room/
Allan Norman reminds us that “It matters how you designate a spouse on your TFSA should you die before they do. Successor holders get the best (and speediest) tax treatment.”

“My Weekly Reads” are articles I have read throughout the week because they were of interest to me … for good, or for bad reasons. 🙂 Sharing them does not mean that I endorse them unless I explicitly state that. If concepts contained in the financial articles I share are of interest to you please remember that is always a good idea to ask your financial adviser’s advice when considering making changes to your financial portfolio or changing your spending habits.