Canadians are passing up billions of dollars in pension plan contributions from their employers – Globe and Mail, June 25, 2019
https://www.theglobeandmail.com/investing/personal-finance/article-canadians-are-passing-up-billions-of-dollars-in-pension-plan/
Rob Carrick writes about how “individuals are not contributing fully or at all to their company’s defined-contribution (DC) pension, which means they’re passing up matching contributions from their employer”. Not sure why anyone would pas up free money; if you are in a position to contribute regularly yourself of course.
When it comes to your financial plan, think process, not product – Financial Post, June 19, 2019
https://business.financialpost.com/category/personal-finance/retirement
Jason Heath provides some thoughtful insights on financial and retirement planning. Time to review ours.
The high cost of bucket-list tourism – and where you can go to get far from the madding crowd – Globe and Mail, June 24, 2019
https://www.theglobeandmail.com/business/commentary/article-the-high-cost-of-bucket-list-tourism-and-where-you-can-go-to-get-far/
Brian Milner examines the downside to explosive tourism increases in some popular locations around the world. Having experienced these tourist deluges first hand, it is difficult to argue with his observations and suggestions for improvement. He goes on to suggest some less visited spots. We have visited one of these, Porto, and are planning on returning there.
Here’s how to find out if you’d benefit from Ottawa’s new annuity initiative – source, monthday, 2019
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-should-i-invest-in-an-advanced-life-deferred-annuity-or-are-there/
Frederick Vettese offers up his take on the new “advanced life deferred annuities (ALDAs)”. He’s not terribly keen on them, and demonstrates why delaying CPP to the age of 70 might be a better choice.
Take the CPP at 60? It sometimes makes sense – Globe and Mail, June 25, 2019
https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-take-the-cpp-at-60-it-sometimes-makes-sense/
Rob Carrick proves a link to a post in the Boomer & Echo blog that speaks to why you might want to take your CPP at 60. I took it at 60, but not for the reasons stated.