Iceland spoofs Mark Zuckerberg and Meta in hilarious new tourism ad – National Post, November 16, 2021
https://nationalpost.com/news/world/iceland-spoofs-zuckerberg-and-meta-in-hilarious-new-tourism-adA wee bit of travel fun. Shari Kulha rifts on the “clever and timely ad campaign from Iceland that takes a poke at the Facebook founder’s new Metaverse branding.” The original video is shared in the article.
Why retirees need to heed the withholding tax – Globe and Mail, November 16, 2021
https://www.theglobeandmail.com/life/article-why-retirees-need-to-heed-the-withholding-tax/
Joel Schlesinger discusses the management of “withholding taxes” in retirement. He examines the expert opinion that “key is having a withdrawal strategy that considers your different retirement income sources and their tax rates, to keep more money in your pocket.”
Worried about running out of money in retirement? A new type of pension plan may soon solve that problem – Globe and Mail, November 17, 2021
https://www.theglobeandmail.com/investing/markets/inside-the-market/article-could-dynamic-pension-pools-help-to-ease-investment-stress/
Ian McGugan examines the “dynamic pension (DP) pool” concept. He cites a recent report that claims “DP pools offer an efficient way to deliver dependable lifetime income”.
Amid soaring prices, retired Canadians are staying in their homes: ‘This is a wake-up call for all of us’ – Globe and Mail, November 16, 2021
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-amid-soaring-prices-retired-canadians-are-staying-in-their-homes-this/
Anna Sharratt writeas about how many retired people are now considering retiring in place in their own homes. Two years of lockdown apparently has increased their appreciation of their current living situations, and many are fearful of what happened in retirement residence during the pandemic.
FP Answers: How do I know if I’m saving and investing too much? – Financial Post, November 12, 2021
https://financialpost.com/personal-finance/retirement/fp-answers-how-do-i-know-if-im-saving-and-investing-too-much
Julie Cazzin responds to a legitimate question about saving for retirement. Her immediate response is to calculate your anticipated expenses and guaranteed income (CPP, OAS, DB, DC, etc.) will be in retirement. Then you can begin to figure out how much more you will need.
