Graeme Egan News Today

New evidence has some economists questioning their forecasts on when the Bank of Canada will make its first interest rate cut. Read more

A couple preparing to draw from their retirement savings want to put their registered retirement savings plans to work for them. Read on.

Rising shelter prices are keeping inflation from reaching the Bank of Canadas target and keeping rates higher for longer, TD says. Read on.

Retired man expecting a $200,000 inheritance should put that money into investments to sustain his retirement. Keep reading.

A 79-year-old asks how to structure investment income in retirement to minimize tax. Find out what the experts had to say here.

A single and childless woman asks for help so she can have a comfortable retirement and not outlive her money. Read on for experts advice.

Joannes focus on paying down her mortgage has meant shes put a pause on building up savings and just about everything else. Read more.

Couple are on sound financial footing for long-term retirement income but could make some changes that would save them money. Find out more

Article content In British Columbia, a couple we’ll call Sam, 52, and Linda, 50, are raising two children ages 15 and 11. Linda retired not long ago from a career in financial services. Sam continues as a manager in a niche of the property market. Together, they have monthly income of $11,429, before taxes. Their goal is retirement when Sam is 60, in eight years, with a sustainable income of $4,500 per month. They have $3.32 million in assets — almost half is their $1.5 million house. We ap...

Article content In British Columbia, a woman we’ll call Teresa, 54, lives with her 11-year-old daughter, Kim. A freelance advertising consultant, she brings home $5,027 per month and receives an untaxable subsidy of $378 per month from the Canada Child Benefit for total monthly disposable income of $5,405. Teresa has a home worth an estimated $600,000 with a $249,000 mortgage that costs $1,200 per month, but no other debts. After mortgage and property tax, $275 per month, she has $3,930 per m...