April 22, 2026

The Past Week’s Favourite Reads — July 29 – August 4, 2019

On a scale of 1 to 10, most days in retirement are an 11 – Globe and Mail, August 1, 2019
https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-on-a-scale-of-1-to-10-most-days-in-retirement-are-an-11/
Rob Carrick shares some thoughts from one of his readers about just how wonderful a properly planned retirement can be. Given that I would rate my own retirement as a 12 on the 1-10 scale I have to agree.

Dead or alive: When is the right time to transfer wealth? – Globe and Mail, July 30, 2019
https://beta.theglobeandmail.com/investing/globe-wealth/article-dead-or-alive-when-is-the-right-time-to-transfer-wealth/
Joel Schlesinger addresses the questions of when and how should you start passing along your assets to children. I’m thinking, only when we run out of uses for it. 🙂

‘How can I maximize the use of a TFSA for retirement?’ – Globe and Mail, July 30, 2019
https://www.theglobeandmail.com/investing/markets/inside-the-market/article-how-can-i-maximize-the-use-of-a-tfsa-for-retirement/
Rob Carrick states “Except for one serious problem, tax-free savings accounts are an excellent way to save for retirement”. I agree, but would add they are also fabulous tools for providing a tax free revenue stream in retirement.

The case for leasing, not buying, a car – Globe and Mail, July 26, 2019
https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-the-case-for-leasing-not-buying-a-car/
Rob Carrick presents a rebuttal from an auto sales veteran for leasing, rather than buying a car. Still not certain about my opinion on this.

Grey divorce presents unique set of challenges – Globe and Mail, July 22, 2019
https://www.theglobeandmail.com/investing/globe-advisor/advisor-news/article-grey-divorce-presents-unique-set-of-challenges/
Joel Schlesinger cites a number of reports that all indicate a developing trend, divorce among older couples is growing. He goes on to consider the role of financial advisors in all of this.