Are you a reckless spender?
Level Ten Books Inc., announced the North American release of an important new book to assist people facing economic uncertainty and financial hardship. The Art and Science of Spending Less: Behavioral Observations on the Reckless Use of Everyday Money is authored by Dr. Matt Drucker, a behavioral psychologist and specialist in financial stress counselling. Spending Less is based on […]
Canadian seniors can transition savings into income
Five million Canadians will turn 65 this decade and be one step closer to retirement. Today, Sun Life introduced Sun Life MyRetirement Income, an innovative first for Canadians that provides retirees with a reliable source of income, while maintaining flexibility and the potential for continued investment growth. This fully automated solution can help ease the […]
Canadian seniors got a boost in old age benefits
Benefit payments for Canadian seniors went up slightly in a scheduled increase as retirement is “becoming unaffordable” for many in the country. July amounts of the Old Age Security (OAS) benefits increased by 2.8 per cent compared with the previous year after adjusting for inflation. For the July to September period, OAS benefits are rising by 0.7 […]
Canadian seniors should save this much for retirement
Retirement is a significant milestone in life, and for Canadian seniors, ensuring that they have enough money saved to live comfortably during their retirement years is a critical concern. Determining the exact amount required can be challenging, as it depends on various factors such as lifestyle expectations, health care needs, inflation, and geographic location. However, […]
