Tax traps lurk for woman who wants to unload $2.3 million in real estate to retire on – Financial Post, July25, 2020
https://financialpost.com/personal-finance/family-finance/tax-traps-lurk-for-woman-who-wants-to-unload-2-3-million-in-real-estate-to-retire-on/wcm/fc7e8701-0912-4747-9436-980ee3f57200/
Andrew Allentuck reviews a BC woman’s plan to sell her $2.3Mil rental properties to fund her retirement. A good question to have to ponder.
Online shopping has doubled during the pandemic, Statistics Canada says – abc.ca, July 24, 2020
https://www.cbc.ca/news/business/online-shopping-covid-19-1.5661818
A Canadian Press article about how online shopping took-off during the pandemic. Some interesting numbers here.
Can William afford to work less without falling short of his retirement savings goal? – Globe and Mail, July 24, 2020
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-can-william-afford-to-work-less-without-falling-short-of-his/
Dianne Malley reviews a 37 year old’s plan to have accumulated $2.0Mil by the time he retires at 65. She suggests an alternate approach.
Less than 1% of Canadians choose to delay CPP. Here’s why the rest are missing out – Globe and Mail, July 21, 2020
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-less-than-1-of-canadians-choose-to-delay-cpp-heres-why-the-rest-are/
Bonnie-Jeanne MacDonald claims that a lack of understanding of the benefits resulting from delaying taking ones’ CPP is why so many don’t do it. The fact that only 1% do delay is somewhat staggering.
