Gen Xers—now in their 40s and 50s—are managing a full slate of midlife financial pressures: peak earning years that don’t always feel like peak savings years, kids with ongoing education costs, and aging parents whose needs are increasing. In that context, it can be tempting to view an eventual inheritance as a future solution for retirement.
If you find yourself with a bit of extra time on your hands in the upcoming months, you may want to use this time to check in with your family’s finances.
Understand the key financial and lifestyle shifts that happen in your first year of retirement.
Global geopolitical and economic uncertainty has unfortunately become a defining characteristic of the 2020s, the recent increase in military activity and geopolitical tensions in the Middle East being yet another example.
It's never too early to start thinking about life insurance and locking in a lower premium when you're healthy. Waiting until your older or in poor health is never a good idea.
Are you using the right accounts to save and achieve your financial goals? For Canadians, the Tax-Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP) each offer unique strengths to support your savings strategy.
Start the year off right by getting started on these five top financial goals.
With the spirit of Christmas giving and the year-end coming quickly, it's time to review how Canadian tax credits help maximize charitable donations, what donors can do to ensure they stretch their donation dollars further and save themselves money.
A retirement lifestyle is more than just saving money; it's also deciding how you want to spend that extra time. Here's a look at what you want to consider.
What goes into generating an economic slump? There’s speculation that the Canadian economy may experience a recession at some point in 2025 – and maybe it will.