Close to retirement? Don’t panic, say financial experts

Close to retirement? Don’t panic, say financial experts

As Canadians watch the stock markets tumble, many people are panicking, and none more so than retirees and those approaching retirement as they see the value of their nest eggs plummet. “People are freaked,” said Tracey Bissett, CFA, president of Bissett Financial Fitness in Etobicoke. “It’s terrifying for people,” agreed Kelley Keehn, the renowned Canadian […]

Auger-Aliassime’s retirement overshadows Shapovalov’s win at U.S. Open

Auger-Aliassime’s retirement overshadows Shapovalov’s win at U.S. Open

Canada’s Denis Shapovalov is moving on at the U.S. Open after his compatriot Felix Auger-Aliassime was forced to retire in the third set of their first-round match on Monday. The clash between the promising Canadian teenagers was cut short with Shapovalov leading 7-5, 5-7, 4-1. Auger-Aliassime of Montreal, who was making his first appearance in […]

Planning can help you make sure your retirement savings will last

Planning can help you make sure your retirement savings will last

I’m waiting for my 2017 tax return to be processed. That’s because I’m expecting a large refund, which I plan to save and use for future tax payments. Taxes are a huge issue for me since I took a retirement package in late 2015 and started writing a freelance column for the Toronto Star. In […]

Why millennials should plan for retirement

The last thing many young people want to do with their paycheques is sacrifice part of them for a retirement account, even though tiny contributions made at an early age are all but guaranteed to multiply many times as the years go by. “If they’re saving for anything, it might be a trip or some […]

Retirement saving can be short-term pain for long-term gain

Are you saving for your retirement? I’m not talking about having enough money to sail through the Caribbean, or have a home and cottage too. I’m talking about enough money to keep a roof over your head and food in your belly. While the retirement ads like to focus on people being able to “maintain […]