Why more seniors are opting to stay put rather than downsize their homes. Plus, when did you start taking CPP? Share your thoughts with The Globe
Content from The Globe’s weekly Retirement newsletter
Source: theglobeandmail.com
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Does Maggie, 50, need to delay retirement to pay down her mortgage?
Maggie is recently divorced and has custody of her two children, ages 15 and 19. There are no child support payments from the former spouse
Source: theglobeandmail.com
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How a retiree trained herself to live off CPP and OAS prior to leaving her last job. Plus, why early RRIF withdrawals don't work for most retirees
Content from The Globe’s weekly Retirement newsletter
Source: theglobeandmail.com
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Can Maurice and Fiona afford to spend their winters in Palm Springs?
Extra spending on travel will add to to their expenses. They will need to decide just how long they want to spend in Palm Springs
Source: theglobeandmail.com
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Can this Alberta couple minimize their tax exposure in retirement?
The Globe and Mail Published January 8, 2021 Todd Korol/The Globe and Mail Rose and Brad have enjoyed high-paying professional careers in the oil and gas industry, helping them to amass more wealth than they need for their lifestyle. Together, they earn about $500,000 a year before tax. Brad, 60, likes what he does and plans to keep working to age 70. Rose, faced with the prospect of an alluring buyout package, is tempted to take it even though she’s only 48. She wonders to what extent the income she forgoes will be offset by lower income tax in the years ahead. They have two teenage chil...
Source: theglobeandmail.com