‘Boomerang children’ are a newer part of the financial planning conversation – Globe and Mail, June 20, 2024
https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-boomerang-children-are-a-newer-part-of-the-financial-planning/
Andrew Auerbach and Jean Blacklock discuss the phenomenon of “‘boomerang children,’ who leave and return a few times, occasionally staying until the death of the last parent.”
An eight-step plan to help you stop feeling bad about your retirement outlook in these tough times – Globe and Mail, June 20, 2024
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-an-eight-step-plan-to-help-you-stop-feeling-bad-about-your-retirement/
Rob Carrick offers up “questions to work through in assessing your retirement prospects, with thoughts on how to move things forward even in challenging times.”
Retirement in Canada: Facts and Figures – PWL Capital Inc., January, 2020
https://www.pwlcapital.com/wp-content/uploads/2020/01/2020-01-23_PWL_WP_Westmacott_Retirement-Canada-Facts-Figures.pdf
A 2020 report from Graham Westmacott examines retirement income levels in Canada. It is a bit dated, but it can give you an indication of how your retirement income compares to other Canadians.
FP Canada’s 2024 Financial Stress Index: What’s worrying Canadians right now – MoneySense.ca, June 4, 2024
https://www.moneysense.ca/news/fp-canada-2024-financial-stress-index/
Renée Sylvestre-Williams reviews FP Canada’s Financial Stress Index for 2024 findings and discusses what Canadians think about when it comes to their finances.
Does the ‘4-per-cent’ rule for retirement savings work in difficult times? – Globe and Mail, June 16, 2024
https://www.theglobeandmail.com/investing/markets/inside-the-market/article-does-the-4-per-cent-rule-for-retirement-savings-work-in-difficult/
Norman Rothery examines four different withdrawal rates to see how long a $1 million portfolio will last in retirement. Meta is preventing us from posting direct links to articles in Canadian media on Facebook. The link here works.
“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.
