Planning for retirement? Think outside the box and avoid the great annuity paradox – Globe & Mail, May 27, 2019
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-planning-for-retirement-think-outside-the-box-and-avoid-the-great/
Frederick Vettese revisits the purchasing of annuities to provide income in retirement. Doesn’t work for us, but it might for others.
How owning beats renting for the downsizing boomer – Globe & Mail, May 28, 2019
https://www.theglobeandmail.com/investing/personal-finance/article-how-owning-beats-renting-for-the-downsizing-boomer/
Rob Carrick writes about the merits of owning, rather than selling and renting. It’s all about how much wealth you’ll end up with in “the end”.
If you think the CRA will turn a blind eye to TFSA, RRSP over-contributions, think again – Financial Post, May 31, 2019
https://business.financialpost.com/personal-finance/taxes/jamie-golombek-so-you-think-tax-man-will-turn-blind-eye-to-tfsa-rrsp-overcontributions
Jamie Golombek warns us about the hazard of over contribution. He cites an interesting example of a woman who was contributing to a TFSA while she was no longer a resident of Canada.
The five biggest estate planning mistakes of cottage owners – Globe & Mail, May 30, 2019
https://www.theglobeandmail.com/investing/personal-finance/taxes/article-the-five-biggest-estate-planning-mistakes-of-cottage-owners/
Tim Cestnick shares some important information about succession for cottage owners. No, cottage, so I’m not losing sleep over this one. 🙂
Are you on speaking terms with your old pensions? Ignoring them could cost you – Financial Post, May 30, 2019
https://business.financialpost.com/personal-finance/are-you-on-speaking-terms-with-your-old-pensions-ignoring-them-could-cost-you
The Post’s reprint of a Canadian Press article by Ian Bickis. Probably a good idea to be thinking back through your work history when approaching retirement to think about revenue streams you may have forgotten about over the years.
