retirement

What are the pros and cons of reverse mortgages? Reverse mortgages are a controversial product, and they don’t suit everyone. Here’s what you need to know.

Conventional wisdom says you should pay your mortgage off as soon as possible. But paying down your mortgage early is not always the best idea – here’s why.

It’s RRSP season. You may have noticed the billboards along the roadways and banner ads when you log in to your bank account. Every year, the financial industry spends millions telling Canadians to put money into … Read More

As we count down the seconds to a New Year, we often reminisce about the year that was; the good, the bad, and the ugly. And that’s just talking about our finances. Maybe you hit a … Read More

*Rates current as of May 17, 2019. So you haven’t managed to save double your salary by age 35. Whether this makes you laugh, roll your eyes, or question every decision you’ve ever made, everyone’s ability … Read More

Saving money is hard, but it can sometimes be easier if you use your credit card. You can either join a little-known pension plan or use a card that allows you to convert your points into … Read More

If you’re like me, you sometimes fantasize about retirement. Long days spent sipping caesars on the front porch, playing backgammon with your retired buddies, heckling the morning commuters as they set off on yet another day … Read More

Her generation is everyone’s favourite punching bag, but Erin Lowry started Broke Millennial to prove that even the most hapless among us can become financially literate.

No matter how far off retirement may be for you, the idea of living out your post-work days on a fixed or limited income can be daunting. A lot goes into planning how, when, and what … Read More

Here’s what caught our eye this week: The biggest risk to the Canadian economy? Rising house prices and debt The Canadian economy is seeing growth and more jobs, but the biggest vulnerability is elevated housing prices … Read More