Can Edna retire from work in one year and buy a condo too? – Globe and Mail, November 13, 2020
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-can-edna-retire-at-age-70-with-not-more-than-she-needs-but-enough/
Diane Maley reviews the retirement readiness of a single, 69 year old woman. It is good to see more and more articles being written about how women, with relatively limited resources, will be able to deal with retirement.
Financial literacy for seniors – moneysense.ca, November 16, 2020
https://www.moneysense.ca/columns/ask-a-planner/financial-literacy-for-seniors/
Jason Heath examines financial literacy for seniors. He discusses some important issues around the management of our finances as we age, issues that arise when one of the parties in a relationship passes away, and the role of a financial advisor in all of that.
Should retirees speculate? – moneysense.ca, November 12, 2020
https://www.moneysense.ca/columns/retired-money/should-retirees-speculate-in-the-stock-market/
Jonathan Chevreau begins this piece by stating “All investors need to know the difference between investing and speculation—often summed up as what you do with “serious money” versus “fun money”—and that’s doubly true for those at or near retirement. While investing is about building wealth you can count on, speculating typically means risking money you can afford to lose, which may be in short supply for retirees on a fixed income.”. This is a very good read if you are thinking about getting very aggressive with your investing… especially if you are already retired, or nearing retirement.
Many snowbirds flocking south despite Canadian government’s plea to seniors to stay home – cbc.ca, November 14, 2020
https://www.cbc.ca/news/business/snowbirds-seniors-travel-advisory-canada-u-s-border-covid-19-1.5799456
From Sofia Harris. The “Snowbird association estimates about 30% of its members will head south this winter.” Apparently we retired Canadians really don’t like winter.
