Page 2 - Graeme Egan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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.

Joanne's focus on paying down her mortgage has meant she's 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 apologize, but this video has failed to load. Try refreshing your browser. B.C. couple's retirement i...

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 month for costs including contributions of $400 to her RRSP, $200 to Kim’s RESP and $500 to her TFS...