FP Answers: Can I retire at age 63? And when should I convert my RRSP to a RRIF? – Financial Post, July 16 2021
https://financialpost.com/investing/fp-answers-can-i-retire-at-age-63-and-when-should-i-convert-my-rrsp-to-a-rrif
Julie Cazzin takes the lead on FP’s responses to some retirement focussed questions from readers. She enlists Allan Norman, an investment adviser with Aligned Capital Partners Inc. to help.
Husband lost job, wife eager to retire: How this one-income couple can say goodbye to the grind – Financial Post, July 15, 2021
https://financialpost.com/personal-finance/family-finance/husband-lost-job-wife-eager-to-retire-how-this-one-income-couple-can-say-goodbye-to-the-grind
Andrew Allentuck examines the retirement preparedness of a couple who have enough assets to provide them with a comfortable retirement, but with one of them out of work their issue is “bridging the time to when their pension benefits begin.”
Older seniors to get extra Old Age Security in the coming months – Financial Post, July 14, 2021
https://financialpost.com/personal-finance/retirement/older-seniors-to-get-extra-old-age-security-in-the-coming-months
Jamie Golombek reviews the upcoming special distribution to seniors 75 and older. That being, a “One-time $500 payment, plus extra 10% annually for those over age of 75 in 2022” that “comes on top of indexation adjustment”. He discusses the pros and cons of this approach.
Retirement levels expected to surge after pandemic-era slump, RBC report says – Globe and Mail, July 12, 2021
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-retirement-levels-expected-to-surge-after-pandemic-era-slump-rbc/
David Paddon considers a report from RBC Economics that says “it expects a renewed surge of retirements in the second half of this year as Canada works to get past the pandemic.” He discusses why this will happen and what the impact on the economy might be.
Lisbon Travel Guide – Travel + Leisure, July 7, 2021
https://www.travelandleisure.com/travel-guide/lisbon
Katie Jackson kicks off the week for us with a little travel dreaming. Lisbon, and Portugal in general, is a great travel destination. I have to agree with her suggestion to head there “in the spring, March to May, or fall, September to November”. Article includes some good basic “travel to” tips.
