Why the ‘culture of now’ is making it difficult for Canadians to save for retirement – Globe and Mail, March 16, 2022
https://www.theglobeandmail.com/investing/globe-advisor/advisor-news/article-why-the-culture-of-now-is-making-it-difficult-for-canadians-to-save/
Barbara Balfour offers up an explanation as to why some people are having difficulty saving for retirement.
Popularity of reverse mortgages jumps despite still being seen as a ‘last resort’ – Globe and Mail, March 14, 2022
https://www.theglobeandmail.com/investing/globe-advisor/advisor-practice/article-popularity-of-reverse-mortgages-jumps-despite-still-being-seen-as-a/
Jameson Berkow writes about the increasing interest in reverse mortgages as a retirement financial tool. This concept still makes me uncomfortable.
How to plan a really great road trip this year – CBC.ca, February 17, 2022
https://www.cbc.ca/life/travel/how-to-plan-a-really-great-road-trip-this-year-1.6353703
Truc Nguyen addresses something that is probably on a lot of folks mind right now. The joy of a great road trip. He offers up a number of tips from experienced traveller. I suspect people are going to take the highway in droves this summer.
How advisors can help seniors with high debt or facing bankruptcy – Globe and Mail, March 15, 2022
https://www.theglobeandmail.com/investing/globe-advisor/advisor-news/article-how-advisors-can-help-seniors-with-high-debt-or-facing-bankruptcy/
Deanne Gage looks at an issue that I don’t think any retired person really ever would want to find themselves confronted with. Apparently there are some sources of income that cannot be touched in bankruptcy proceedings… But still, not a situation people should be getting themselves into.
Where there’s a will, there should be a way to find it when you die – Globe and Mail, March 10, 2022
https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-where-theres-a-will-there-should-be-a-way-to-find-it-when-you-die/
Rob Carrick discusses an important logistical issue concerning where your will and other information can be found. He provides a number of useful links including one to a readers “‘I’m Not Gonna Die, But …’ list”.
As 2022 begins, a few thoughts on “My Favourite Weekly Reads”. These are articles I have read throughout the week because they were of interest to me … for good, or for bad reasons. 🙂 Sharing them does not mean that I endorse them, unless I explicitly state that. If concepts contained in the financial articles I share are of interest to you please remember that is always a good idea to ask your financial adviser’s advice when considering making changes to your financial portfolio or changing your spending habits.