How to make sure your retirement savings last as long as you do
Outliving one's retirement fund can be a disconcerting financial prospect for people who've spent decades building up a nest egg, and even more so for those who haven't saved and aren't well positioned to live on their Social Security checks or current …
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Senior Move Managers: An Overview
For example, Stocks offers to contribute unopened food to a local food pantry, shampoo and personal-care items to a church or family shelter, and old sheets and towels to an animal shelter. “I'll recycle anything that needs to be dumped,” she says …
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Insolvency filings: Boomers, older seniors showing signs of financial stress
However, there are already some signs of financial stress in the insolvency numbers for seniors. Against a backdrop of broadly falling consumer insolvencies (bankruptcies and proposals to repay debt), the proportion of total insolvencies accounted for …
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Unexpected Effect of the Great Recession: Record Low Birthrates
The true cause for concern is that barring a massive overhaul in immigration policy, which is not likely, the fledgling fertility rate will fail to meet the rising number of workers that will be needed for taxation purposes in order to fund benefits …
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Carrick on money: Forget city living, seniors are moving to the suburbs
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick. Forget city living, seniors are moving to the suburbs. A Concordia University study finds that seniors in Canada's …
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Unwanted life insurance can be a valuable asset for seniors' retirement
“This is a huge amount of money, and with aging populations throughout North America living longer and having more longevity risk, this seems like an asset that can be a great source of value for them to tap into,” says Lauren Cohen, a professor of …
Read more on Montreal Gazette
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