November 10, 2025

The Past Week’s Favourite Reads — August 21 – 27, 2017

CPP changes will disqualify 243,000 from Guaranteed Income Supplement: report – Globe and Mail, Thursday, August 24, 2017
https://www.theglobeandmail.com/news/politics/cpp-changes-will-disqualify-243000-from-guaranteed-income-supplement-report/article36067917/
Bill Curry reports on upcoming proposed changes to the CPP that will ultimately negatively impact many low-income Canadians. The full impact will not be felt until 2060 fortunately.

The good news, bad news story of living to 100 – Globe and Mail, Wednesday, August 23, 2017
https://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/the-good-news-bad-news-story-of-living-to-100/article36061267/
Rob Carrick provides links from this piece in his Carrick On Money newsletter to a discussion paper and an article on how increased longevity will impact retirees financial preparation.

‘Alcohol was my go-to friend’: substance misuse in the over-50s – the guardian.com, Thursday, August 24, 2017
https://www.theguardian.com/commentisfree/2017/aug/24/alcohol-was-my-go-to-friend-substance-misuse-in-the-over-50s
Carmen Fyshwick and a number of Guardian readers discuss how easily drinking can take on a much larger role in one’s retirement years. The number quoted are from England, but the issue is probably relevant to referees in most western countries.

Lisbon city guide: what to see plus the best bars, restaurants and hotels – the guardian.com, Saturday, July 8, 2017
https://www.theguardian.com/travel/2017/jul/08/lisbon-portugal-stay-hotels-food-museums-city-guide
Sorrel Downer offers up some tips on what to see, and where to eat and stay in Lisbon, Portugal.

Old age security spending will soon hit all-time highs but softened by CPP increases: report – Financial Post, Tuesday, August 22, 2017
http://business.financialpost.com/personal-finance/retirement/old-age-security-spending-will-hit-all-time-highs-but-softened-by-cpp-increases-report
The Post reprint of a piece from The Canadian Press. It takes a quick look at the proposed changes to the CPP benefit program.