Retiring with a mortgage? Why you might want to think twice about that – Financial Post, Wednesday, March 22
http://business.financialpost.com/personal-finance/mortgages-real-estate/retiring-with-a-mortgage-why-you-might-want-to-think-twice-about-that
Article by Jonathan Chevreau extolling the benefits of being debt free when you retire. He also examines how some seniors are struggling with debt and insufficient income to support themselves.
Five steps you can take to help your aging parents manage their finances – Financial Post, Friday, April 15
http://business.financialpost.com/personal-finance/managing-wealth/five-steps-you-can-take-to-help-your-aging-parents-manage-their-finances
Marc Sherman and Jason Heath examine some of the ways Canadian demographics are skewing older. They identify the managing of one’s personal finances as a potential problem for our aging population. Five steps on how individuals can help their parents manage their finances as they age are suggested.
Life in the slow lane – Globe and Mail, Monday, April 11
http://www.theglobeandmail.com/life/travel/destinations/a-cruise-with-34-stops-in-just-13-days-in-norway-its-amust-do/article29552265/
A travel piece about a 2000 km cruise ship voyage along Norway’s northern coast. The route is from Bergen to Kirkenes, and is marketed as the “world’s most beautiful voyage”.
How to build a $1-million TFSA – Globe and Mail, Monday, April 18
http://www.theglobeandmail.com/globe-investor/retirement/retire-taxes-and-portfolios/how-to-build-a-1-million-tfsa/article29655504/
Rob Carrick examines the potential of TFSAs to create tax-free wealth. He endorses building your TFSA through a disciplined approach using the stock market, rather than through aggressive stock trading. He indicates that an important key to building a $1 million TFSA is to make sure you contribute the maximum every year. As of 2016, the total TFSA contribution allowable is $46,500. A sample ETF portfolio is provided.
