Finance News – Retirees
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Inflation Is Weighing Heavily on Retirees
Rising prices are significantly reducing the purchasing power of older individuals, impacting their savings and overall financial stability during retirement years.
Read Full Article →Hoping to cash out, a wave of retiring cottage owners face a buyer’s market
Many retirees looking to sell their vacation properties are encountering lower demand and prices, prompting careful consideration of whether to accept current offers or wait for po...
Read Full Article →Charity suing husband of former CEO in bid to claw back retirees' millions
Retirees WA is pursuing legal action against the former CEO’s spouse to recover substantial funds previously lent to businesses associated with him, aiming to protect retirees' fin...
Read Full Article →How House GOP bill’s $4,000 senior 'bonus' compares to eliminating tax on Social Security benefits
The proposed legislation offers a $4,000 deduction for seniors, potentially affecting retirement incomes and altering the financial impact compared to removing taxes on Social Secu...
Read Full Article →Aspiring retirees consider three strategies to make sure they don’t run out of money
Many individuals planning for retirement evaluate various approaches to manage their savings effectively and avoid financial shortages during their later years, recognizing that a...
Read Full Article →Suze Orman says retirees should have a 5-year ‘just-in-case’ fund. Is she right?
Having a reserve of three to five years' worth of savings in low-risk, easily accessible accounts can provide retirees with financial security and flexibility during uncertain econ...
Read Full Article →Retirees moving in together to save money, the Home of the Week and more top real estate stories
This week highlights trends in retirement living arrangements aimed at cost-saving, along with featured real estate listings and information on the lowest fixed and variable mortga...
Read Full Article →Global investors have ditched U.S. stocks amid market volatility. Should Canadian retirees follow su...
Financial planners advise Canadian retirees to carefully evaluate their portfolios before making hasty decisions about U.S. stocks, as market volatility prompts some global investo...
Read Full Article →Hard-won victory for RBC retirees reflects a bigger problem with private pension plans
The outcome for RBC retirees highlights ongoing concerns regarding the inadequacy of inflation adjustments in private pension plans offered by many large, non-unionized Canadian em...
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