April 22, 2026

The Past Week’s Favourite Reads — July 15 – July 21, 2019

Lake Constance boasts a wealth of palaces, castles and monasteries left behind by two royal dynasties – National post, July 19, 2019
https://nationalpost.com/travel/lake-constance-boasts-a-wealth-of-palaces-castles-and-monasteries-left-behind-by-two-royal-dynasties
Nancy Truman highlights just a few of the many sights and experiences to be found while touring around Lake Constance in Germany, Austria, and Switzerland. Having done the a bike trip around the trail, cited at the end of the article, I wholeheartedly agree.

Divorce after 50 is absolutely destroying baby boomers’ finances – Financial Post, July 19, 2019
https://business.financialpost.com/personal-finance/retirement/divorce-after-50-is-absolutely-destroying-baby-boomers-finances
Ben Steverman of Bloomberg News writes about the severe consequences associated with late in life divorce. You should probably make sure your spouse reads this article as well. 🙂

Three common mistakes retirees make when drawing down assets – Globe and Mail, July 16, 2019
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-three-common-mistakes-retirees-make-when-drawing-down-assets/
Ian Mcgugan draws our attention to some common mistakes retirees are regularly making when drawing down on their savings. The one that rang truest to me was “not having a plan”.

Downsizing to one car from two can do wonders for retirees finances – Globe and Mail, July 11, 2019
https://www.theglobeandmail.com/investing/personal-finance/article-downsizing-to-one-car-from-two-can-do-wonders-for-retirees-finances/
Rob Carrick looks at the numbers involved in couple’s trying to get by with just one car. We are planning on doing this later this year, so I will report back on how it all turns out.

What if the long-expected boomer retirement boom never happens? The trend is in that direction – Globe and Mail, July 9, 2019
https://www.theglobeandmail.com/business/commentary/article-what-if-the-long-expected-boomer-retirement-boom-never-happens-the/
Linda Nazareth cites a report from the Organisation of Economic Co-operation and Development (OECD), that there are factors that will “keep older workers in the work force”. An interesting perspective on the issue.