MoneySense magazine: September/October 2014 + MORE Aug 28th

How to go about securing the best Retirement Plan in Canada.
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 retirement savings

Retirement planning —after you retire + MORE Jul 1st

(iStock) While similar, retirement and what I like to call financial independence are not necessarily the same thing. The latter arrives when you have sufficient sources of passive income and assets accumulated that you can meet all your daily lifestyle expenses without having to continue to work. W.... More »
 rrsp

Stock news for investors: RBI earnings rise as Tim Hortons and international growth boost results + MORE Nov 1st

Here’s a round-up of news for Canadian investors this week. Restaurant Brands International Parkland Wealthsimple Cameco Algoma Corus Spin Master Featured RRSP Accounts featured EQ Bank .... More »
 retirement savings

Shakespeare's Uncomfortable Message for Baby Boomers Oct 28th

‘King Lear’ confronts the challenges of the empty nest, retirement and facing one’s own mortality..... More »

Tax write-offs that Canadians often get wrong Apr 18th

I come across frequent questions from taxpayers about expenses they think they can claim as a tax deduction or credit. Often, they cannot be claimed, or there are strict criteria that apply. Safety deposit box Back in the olden days, investors sometimes kept stock certificates in their safety .... More »
 retirement savings

“We’re well off in retirement. How can we pay less tax?” + MORE Aug 29th

Ask MoneySense Both my wife and I are retired. My wife is 72 years old and I am 68. Our combined incomes are based on CPP, OAS, RRIFs and dividends (both from our non-registered investments portfolio and corporate dividends that we both get quarterly from a holding company that manages the corporat.... More »
“Encore jobs” a new trend in retirementPatricia Visser, 78, retired 20 years ago and has been working ever since. She is among a generation of retirees taking new jobs in retirement that offer fulfilment and new challenges.

Continue Reading On thestar.com »

The Ontario premier will use an Ekos survey in Thursday’s discussion about pensions with fellow premiers

Continue Reading On theglobeandmail.com »

What Does the Second Chapter of your Life Look Like? 

After a number of years in the workforce and dealing with deadlines, demands (and way too much office politics) you are more than ready for an infinite amount of rest and relaxation. You have marked the day on the calendar when you are finally free to enter the mysterious world of retirement and can enter the Second Chapter of your life at last.
Six months after you leave work, you are well rested. You have slept in every day ignored the news and have kept your distance from all things relating to your past employment. Life has been easy but you have found yourself at loose ends. How much rest and relaxation does a person really need? You have taken a well-deserved break from life but now it is time to venture back into the real world. What will you do for the next decade or two?
Take Stock of the Second Chapter of your Life
A good starting point is to take a reality check of your finances. Do you have a regular cash flow from your pension income or your investments to cover your day to day expenses? If not, you either need to find a part time job to make up the shortfall or look at ways you can either reduce expenses or free up some money (i…

Continue Reading On rhondasherwood.com »

MoneySense magazine: September/October 2014September/October 2014
Volume 16, Number 5
Download the MoneySense app to read this issue on your tablet or smartphone now.

HOW TO MAKE IT TO $1 MILLION

CANADA’S BEST CREDIT CARDS

THE MONEYSENSE GUIDE TO THE PERFECT PORTFOLIO

Editor’s Letter
Did I just make a big mistake?
By: Duncan Hood
Intelligence
Ask MoneySense
By: Bruce Sellery
Am I On Track
By: Julie Cazzin
Instant Expert
By: Larry MacDonald
Portfolio Makeover
Index Investor
By: Dan Bortolotti
Financial Independence
By: Jonathan Chevreau
Jacks On Tax
By: Evelyn Jacks
Family Profile
By: Julie Cazzin
Retirement
By: David Aston
Smart Spender
How I Did It
By: Julie Cazzin
The post MoneySense magazine: September/October 2014 appeared first on MoneySense.

Continue Reading On moneysense.ca »

BERLIN – A German union representing pilots says it is planning a new round of strikes in a long-running dispute over wages and early retirement benefits.
The Vereinigung Cockpit union says in a statement it will order pilots of Germanwings, a subsidiary of Germany’s biggest airline Lufthansa, to go on strike Friday if further negotiations on Thursday fail to achieve their goals.
The union said all Germanwings flights departing from German airports would be affected by the strike Friday from 6 a.m. until noon local time.
Lufthansa spokesman Andreas Bartels said the company regrets that the dispute may affect customers and is considering whether to continue negotiating with the union.
A three-day pilots’ strike in April grounded Lufthansa and its Germanwings and Lufthansa Cargo subsidiaries.
The post Union says Germanwings airline pilots are poised to strike on Friday appeared first on Canadian Business.

Continue Reading On canadianbusiness.com »

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