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Ladies, start saving 20 per cent for retirement Apr 28th
Women can unlock their financial potential by growing their financial confidence..... More »
Morneau Shepell defends its dealings with Ottawa amid minister’s controversy + MORE Oct 28th
The human resources and pension management firm at the centre of the conflict-of-interest controversy raging around Finance Minister Bill Morneau has itself joined the debate.
In a statement today, Morneau Shepell is refuting opposition claims that it has benefited from having its former executive c.... More »
Millennial homebuyers and seniors among the winners of Budget 2019 + MORE Mar 24th
The Liberals’ last budget of this mandate sets the stage for the October federal election and includes a sprinkling of money for voters across a wide spectrum. But there are also gaps in spending for some groups.
Here’s what the budget does and doesn’t do, for five key voting group.... More »
This 30-year-old freelancer makes $125,000 a year and pays modest rent living with his parents. Should he invest in retirement or buy a home? + MORE Feb 3rd
Jeremy says his main goal is to save for retirement, but after looking at condos online, he’s trying to decide if that will be a worthy investment..... More »
Sears looking to close all stores, 12,000 to lose jobs + MORE Oct 14th
TORONTO — Sears Canada Inc. is seeking court approval to liquidate its roughly 130 remaining stores, leaving approximately 12,000 employees without a job.
The embattled retailer, which has been operating under the Companies’ Creditors Arrangement Act since June, said Tuesday that it had fail.... More »
Moolala
– moneysense.ca
Bruce will inspire you to get started with “The Moolala Guide to Rockin’ Your RRSP”. Bruce discusses how to make retirement savings relevant to you and your life, helps you develop a simple plan, and leaves you inspired to take action.
Download presentation
The post Moolala appeared first on MoneySense.
Majority of working Canadians don’t want hike in CPP premiums, poll says
– theglobeandmail.com
Results are in contrast to survey findings reported Sunday by the Canadian Association of Retired Persons, which found 71 per cent of 2,654 members surveyed strongly support an expansion of CPP benefits
The ballooning pension liabilities at Canada Post and the scandal over rich pensions at Ontario Power Generation highlight a looming issue for Canadian politicians – the growing cost of public sector pensions.
Saving too much? Nice problem to have!
– moneysense.ca
A Morningstar working paper in the U.S. has sparked plenty of online commentary about the controversial idea that Americans are “saving too much for retirement.” You can find a summary at CBS here and from there click on the Morningstar summary and the full 25-page paper by CFA and CFP David Blanchett.My initial reaction was similar to one of the commenters on the CBS site: “I don’t buy it. I don’t think there’s any such thing as over-saving for retirement. Regardless of how much income you may have now, life has a funny way of dropping unpleasant (and expensive) surprises on us all.” Or as I said in my Tweet on the topic, saving too much is a nice problem to have; and, I’d add, a malady unlikely to afflict many in the population.
The vast majority of Americans—and Canadians too, of course—are in the “not saving enough camp.”
The saving habit accustoms you to living on less
Blanchett distinguishes between the probable saving capacity of low- versus high-income earners…
How we might double CPP pensions
– thestar.com
Finance ministers are wondering how best to improve the Canada Pension Plan. A Toronto pension conference heard how it might be done.
