Jumping to Conclusions
Jumping to conclusions, especially financial conclusions can be quite hazardous to your savings, as well as your well being in general.
Jumping to conclusions, especially financial conclusions can be quite hazardous to your savings, as well as your well being in general.
Should you leave your money in your company’s pension ? Most plans offer a “cash out” capability so the question is pension or LIRA ?
In this reflective post, I revisit a personal and pressing question: Will you ever retire? While previous generations, like the Baby Boomers, viewed retirement as a given, today’s economic uncertainty challenges that assumption. With questions around CPP, pension stability, personal debt, and market volatility, the author wonders whether retirement will be a reality—or remain a dream. Inspired by discussions in the Canadian personal finance community, the piece underscores the importance of planning for retirement, even if you’re not sure it will happen the way previous generations envisioned it.
Keywords: retirement, CPP, pensions, Baby Boomers, retirement planning, personal finance, financial future, debt and retirement
Sometimes service fees can add up, so trying to find a way to save them is a good way to keep your money in your pocket (or your bank account).
With finances there are countless numbers that you are bombarded with (note I didn’t say infinite, only countless (where countless means, countable but a HUGE amount of them)). Magic Numbers are those that have special… Read More »What’s the Magic Number?