Why some snowbirds are still heading south this winter despite COVID-19 and a closed land border – cbc.ca, September 30, 2020
https://www.cbc.ca/news/business/canada-u-s-border-snowbirds-florida-winter-covid-19-insurance-1.5742097
Sophia Harris examines why many Canadians are choosing to head south this winter even though they know they are putting themselves at risk of contracting the coronavirus. Some people really don’t like winter. 🙂
The coronavirus has created a tremendous financial opportunity for workers with a pension – Financial Post, April 14, 2020
https://financialpost.com/personal-finance/retirement/the-coronavirus-has-created-a-tremendous-financial-opportunity-for-workers-with-a-pension
Ted Rechtshaffen provides an argument for commuting one’s pension is this low interest rate era. Most financial planners tend to promote not doing this. This article was written before the big March crash. I wonder what he thinks about the idea now.
The lowdown on Vanguard’s Retirement Income ETF: can you rely on its 4% payout target? – MoneySense.ca, September 20, 2020
https://www.moneysense.ca/columns/retired-money/the-lowdown-on-vanguards-retirement-income-etf-can-you-rely-on-its-4-payout-target/
Jonathan Chevreau olooks at the new ETF offered by Vanguard that “targets” a 4% return for retirees. He proposes that would be attractive to many in this low GIC return era.
A three-point plan for coping with a potential second wave stock market plunge – Globe and Mail, September 24, 2020
https://www.theglobeandmail.com/investing/markets/inside-the-market/article-whats-your-plan-if-the-stock-market-crashes-again-this-fall/
Rob Carrick has a “a three-point plan for coping with a potential second wave stock market plunge”. He reminds retirees about the importance of having a “two- to three-year cash cushion in their savings.” Additionally, he advises that anyone who has money in the market “that they cannot afford to lose … should get it out, right now.” That is his take on matters anyway.
Everyone says save when you’re young. Here’s why that’s not always a good idea – Financial Post, September 16, 2020
https://financialpost.com/personal-finance/young-money/everyone-says-save-when-youre-young-heres-why-thats-not-always-a-good-idea/wcm/dfbf8516-657e-4f04-9816-2e199a7f1795/
Jason Heath offers up a new take on when you should start saving for retirement. He crunches a lot of numbers to demonstrate his points.