The maximum CPP pension future retirees could get is about to start changing in a big way – Globe and Mail, August 20, 2024
https://www.theglobeandmail.com/investing/
Frederick Vettese examines how “The maximum amount of CPP payable depends on when you stopped contributing.”
The secret weapon financial planners can use to settle all your retirement worries – Globe and Mail, August 22, 2024
https://www.theglobeandmail.com/investing/personal-finance/article-the-secret-weapon-financial-planners-can-use-to-settle-all-your/
From the Globe and Mail. Rob Carrick examines software that financial planners use to help plan out clients’ financial futures. It is software that is not yet available to the general public.
A parents’ guide to home down payment gifts and loans – MoneySense.ca, August 19, 2024
https://www.moneysense.ca/columns/ask-a-planner/parents-home-down-payment-gifts-and-loans/
Jason Heath reviews how “Many parents loan or gift money to their adult children for real estate purchases.” and looks at “the legal and tax implications, as well as some practical ones.”
The bank of grandma and grandpa: What the whole family needs to consider before leaning on them for help – Toronto Star, August 18, 2024
https://www.thestar.com/business/personal-finance/the-bank-of-grandma-and-grandpa-what-the-whole-family-needs-to-consider-before-leaning/article_d045f3a2-5670-11ef-973f-b7a040bce6b6.html
Lora Grady examines how some grandparents are financially assisting their children and their grandchildren, and at the same time risking their own financial situation in retirement.
Travel + Leisure – source, August 18, 2024
https://www.travelandleisure.com/rick-steves-best-meal-favorite-country-in-the-world-8695657
Skye Sherman speaks with Rick Steves about some of his favourite travel experiences.
“My Weekly Reads” are articles I have read throughout the week because they were of interest to me … for good, or for bad reasons. 🙂 Sharing them does not mean that I endorse them, unless I explicitly state that. If concepts contained in the financial articles I share are of interest to you please remember that is always a good idea to ask your financial adviser’s advice when considering making changes to your financial portfolio or changing your spending habits.
