Should you sell your home to your kids? – MoneySense, October 13, 2020
https://www.moneysense.ca/columns/ask-moneysense/selling-your-principal-residence-to-children-as-financial-strategy/
Here’s an interesting take by Jason Heath writing for wondering about whether you should sell your home to your kids. There are several ways to do it, and you have to understand the merits and challenges related to all of them.
Since 2003, Canadians would have been better off renting than buying – Globe and Mail, October 12, 2020
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-since-2003-canadians-would-have-been-better-off-renting-than-buying/
Here’s an interesting approach that some retired Canadians may be considering. Frederick Vettese examines renting versus homeownership. He claims that renting would have made more financial sense in recent years. This may provide relevant input for anyone who is considering cashing out their big home and renting in retirement. We have friends who did it and seem to be glad that they did.
‘Our goal was to generate dividend income and enjoy our life – is that still wise?’ – Globe and Mail, October 8, 2020
https://www.theglobeandmail.com/investing/markets/inside-the-market/article-our-goal-was-to-generate-dividend-income-and-enjoy-our-life-is-that/
Rob Carrick drills down into dividend investing… based upon a request from a new retiree. It is a thoughtful treatment.
Can Katarina, 64, afford to quit work? If she keeps working, will it affect her OAS? – Globe and Mail, October 9, 2020
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-can-katarina-64-afford-to-quit-work-if-she-keeps-working-will-it/
Diane Maley examines the financial readiness of one woman who would like to quit working part-time and fully retire. She also wonders if continuing to do some work will affect her OAS down the road.
After Planning Retirement Around Travel, 3 Women on Being Grounded – Conde Nast Traveler, October 9, 2020
https://www.cntraveler.com/story/after-planning-retirement-around-travel-women-on-being-grounded
Megan Spurrell writing for examines the changed plans of three women who planned on doing a lot of travel in retirement. Hopefully, they will soon be able to get back out there and carry-on with their retirement dream.
