Page 3 - Eliott Einarson News Today

Article content In Alberta, a man we’ll call Dennis, 35, has several careers — one as a researcher in health care, one as an administrator on contract for a government agency and one as a graduate student heading for a PhD in medical statistics. His present income of $8,500 per month from his contracts leaves him with an average of $5,519 after tax. Dennis focuses on his future: He does not expect to have kids, wants to earn his PhD and move from his $298,000 condo to a $550,000 condo. Whil...

Article content Solution: Keep the condo, invest $814,000 of cash and rebalance portfolio, sustain long-term income We apologize, but this video has failed to load. Try refreshing your browser. Couples retirement complicated by 18-year age difference, money-losing condo and mountain of cash earning nothing Back to video In Ontario, a couple we’ll call Duke, 68, and Suzy, 50, are concerned that their present income, $7,869 per month after income tax, will not be sufficient to see them throug...