In the years leading up to retirement, an updated financial plan is key: Experts + MORE Jun 29th

Retirement planning getting you down? There are always smart ways to plan the financial aspects of your retirement.

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Stock news for investors: Air Canada Q3 profit plunges to as strike weighs on results + MORE Nov 8th

Here’s a round-up of news for Canadian investors this week. Air Canada Fortis Thomson Reuters Suncor Cameco Maple Leaf Foods Sun Life Financial Cineplex Corus Entertainment Xanadu Quantum Technologies Featured RRSP Accounts .... More »

Stock news for investors: Retail stocks tumble despite strong earnings + MORE Jun 20th

Here’s a round-up of news for Canadian investors this week. Reitmans Gildan Groupe Dynamite Empire Featured RRSP Accounts featured EQ Bank Build your retirement savings with.... More »

How your net income gets calculated for tax and OAS + MORE Feb 7th

Ask MoneySense Appreciate your article on OAS (Old Age Security). Can you tell me how net income is calculated? For example, if I have $100,000 in pension income and $30,000 was deducted for income tax, is my net income $70,000? —Kevin Calculating net income for tax and OAS purposes I lik.... 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 »

How are FIRE adherents making out? + MORE May 23rd

In the increasingly specialized world of financial blogging, there’s a subgenre of so-called “FIRE” experts, who expound on the acronym FIRE. FIRE stands for Financial Independence Retire Early. Some proponents are in their 40s or 50s and practising what they preach, having either reached fina.... More »

In the years leading up to retirement, an updated financial plan is key: Experts

– thestar.com

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How to become a digital nomad—and not go broke

– moneysense.ca

A silver lining of the pandemic is that work has become more flexible than ever—leading more Canadians to take “workations” or relocate to other countries for weeks or months at a time. It’s more than just a change of scenery. Planned carefully, working abroad can mean seeing the world affordably.

If you’re intrigued by the idea of working very remotely, here’s what you need to know, with financial and lifestyle tips from those who have been doing it since the dawn of digital nomadism.

Living the digital nomad life: Can you take your job on the road?

Nora Dunn, a content creator and former financial planner, is a long-time nomad. In 2006, she sold everything she owned—including her busy financial planning practice in Toronto—and went travelling. Burnt out from work, she realized she was unwilling to wait until retirement to pursue her lifelong dream of travel. What if, when the time finally came, she couldn’t for some reason? “It felt like a greater cost to me than the cost of selling everything I own,” says Dunn, who shares her adventures and travel tips on her blog, The Professional Hobo…

Continue Reading On moneysense.ca »

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