The Forgotten Hawaiian Islands of Canada – abc.com, November 24, 2020
http://www.bbc.com/travel/story/20201123-canadas-forgotten-hawaiian-islands?fbclid=IwAR1SJjZ–AHIgr1xheer0H0s2jrxuh7j5LY7QLJDXQtO3NIWC9KlJDCZfjs
Here is an interesting travel related article by Diane Selkirk. Apparently some Hawaiian royalty and others moved to the Gulf Island area on the west coast of Canada many years ago. Who knew? 🙂 We are giving some thought to spending some of the winter out in BC to escape the snow and ice.
Rob Carrick: The stock market rally puts seniors making year-end RRIF withdrawals in a good spot – Globe and Mail, November 26, 2020
https://www.theglobeandmail.com/investing/markets/inside-the-market/article-rob-carrick-the-stock-market-rally-puts-seniors-making-year-end-rrif/
Rob Carrick examines how waiting until the end of 2020 to withdraw funds from your RRIF has worked to your advantage. An interesting turn of events considering what happened to the stock market this year.
How employers can boost employees’ financial security even as pension and insurance benefits shrink – Financial Post, November 23, 2020
https://financialpost.com/personal-finance/retirement/employers-can-boost-employees-financial-security-even-as-pension-and-insurance-benefits-shrink
Jason Heath offers up an interesting take on various ways employers could assist employees with their retirement planning and preparation. He cites a survey of 3,500 Canadians about preparedness for retirement where “74 per cent of respondents said they would accept a slightly lower salary in order to receive a better (or any) pension.”
The most important assumption for retirement finances is not what you think. Plus, the bond market is signalling a buying opportunity in Canadian banks – Globe and Mail, November 23, 2020
https://www.theglobeandmail.com/investing/investment-ideas/article-the-most-important-assumption-for-retirement-finances-is-not-what-you/
From the Globe and Mail’s Investor Newsletter. A short blurb on what U.S. financial planner Blair Duquesnay thinks is the most important assumption about standard of living that all current and future retirees should be making… it’s “inflation” apparently.
Estate planning to avoid a family feud – RBC Wealth Management, monthday, 2020
https://www.rbcwealthmanagement.com/ca/en/cmp/the-wealthy-barber-estate-planning-to-avoid-a-family-feud?utm_id=wm1559535781499152
David Chilton of The Wealthy Barber fame, speaking for RBC, offers up this video explaining how you can mitigate some of the family drama involved when beneficiaries divide up your worldly possessions after you pass. It contains a lot of really good ideas.
