Retirees and the SKI – spend kids’ inheritance – trip – Globe and Mail, December 17, 2024
https://www.theglobeandmail.com/investing/personal-finance/article-retirees-and-the-ski-the-spend-kids-inheritance-trip/
Rob Carrick examines the balance between enjoying your retirement and helping your adult children financially.
What retirees need to know about tax brackets for 2025 – MoneySense.ca, December 18, 2024
https://www.moneysense.ca/columns/retired-money/what-retirees-need-to-know-about-tax-brackets-for-2025/
Jonathan Chevreau reviews how “Those at or near retirement need to account for slightly higher tax brackets, as well as higher Basic Personal Amount and OAS clawback thresholds, among other changes for 2025.”
How does exercise affect your life span in retirement? The case for fitness and finance – Globe and Mail, December 18, 2024
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-how-does-exercise-affect-your-life-span-in-retirement-the-case-for/
Frederick Vettese expounds on the relationship between fitness and the probability of dying for retirees. Oh Oh!
Toronto food banks are seeing skyrocketing use. Here’s a guide to what they really need — and what you shouldn’t donate – Toronto Star, December 15, 2024
https://www.thestar.com/news/gta/toronto-food-banks-are-seeing-skyrocketing-use-heres-a-guide-to-what-they-really-need/article_f92bd866-84cb-11ef-bf62-efacb7c3dafc.html
Karon Liu, the Star’s Food Reporter, itemize a specifically what Toronto’s food banks are in need of and what should not be no donated. This list is probably what is required at all food banks across the country.
Optimists say don’t worry about bubbles. If you’re close to retirement, that’s not great advice – Globe and Mail, December 14, 2024
https://www.theglobeandmail.com/investing/markets/inside-the-market/article-optimists-say-dont-worry-about-bubbles-if-youre-close-to-retirement/
“Optimists say don’t worry about bubbles. If you’re close to retirement, that’s not great advice.” From the Globe and Mail. Ian McGugan reminds us that if we are investing for the long term, bubbles in the stock market don’t matter , but “if you need to tap your portfolio for income over the next few years. In this case, a popping bubble can seriously disrupt your plans.”
“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.
