At 65 and set to retire with $357,000 in the bank: How much money can you comfortably spend each year?
John spent the last 30 years working. Unfortunately, he didn’t save. To be honest, John only started saving over the last 15 years. Despite some obstacles, John managed to put away approximately $357,000. Now he’s a year away from celebrating his 65th birthday and he wants to know: Can I retire? John isn’t alone. Across […]
The towns that disappeared: Inside Canada’s quiet wave of rural dissolutions
Newfoundland and Labrador has formally dissolved Tilt Cove — Canada’s smallest town — marking a poignant end to a place that once thrived during the copper mining boom. With just a handful of residents left, the decision to relinquish its incorporated status reflects a broader, slow-burning trend across Canada: The quiet disappearance of small, rural […]
My brother needed grocery money for a few months, so I lent him the cash. He paid me back, but now he’s short again. Should I keep lending him money? Here’s how to offer a ‘responsible’ loan
A few years ago, your brother borrowed money to help pay for groceries for several months, and paid you back. But now, he finds himself short of cash again and you’re not sure whether you want to lend him more money. Wanting to help out a friend or family member when they’re in a financial […]
‘I wasn’t even looking at a real screen’: Florida man conned out of $38K after a message on his laptop claimed a gambling loan had been taken out in his name — here’s how to avoid such scams
John Klingel lost $38,000, and it all started when he saw a pop-up on his computer. He told WPTV 5 in West Palm Beach that because the message appeared to be from a cybersecurity company he normally does business with, he was more apt to believe that it was real. Don’t miss I’m 49 years […]
I’m 58 years old, single and simply over the daily grind. I’ve got $970K stashed in my RRSP — can I retire today?
You’ve hit your late 50s, you’ve got a nice cushion in your Registered Retirement Savings Plan (RRSP) and suddenly you find yourself wondering if that cushion will provide you with enough comfort to retire today. The promising news is that yes, you may be able to retire today at 58 years old with $970,000 in […]
Avoid these mistakes: Canadians risk losing up to $100K by ignoring these low-risk investment options
One of the keys to building wealth is understanding the relationship between risk and reward. Canadians are always on the lookout for low-risk investments, but you must understand that free lunches do not exist. A risk-free investment (like a GIC) has a lower expected return than a high-risk investment (like an individual stock). As an […]
Canadians cut US travel by 40% as tariffs spark boycott movement
Last month, the number of Canadian vacationers in the United States experienced a significant decline, with bookings dropping by 40% compared to the previous year, according to Flight Centre Canada. This downturn is largely attributed to U.S. President Donald Trump’s imposition of tariffs on Canadian goods and his contentious remarks about annexing Canada as the […]
Canadian cross-border travel hits pandemic lows as costs and concerns rise
Cross-border trips from Canada to the United States hit a pandemic low in February, according to new data showing a sharp decline of nearly 500,000 travelers compared to last year. In February 2025, Canadian travel to the US dropped by 235,000 trips, according to CBP data, marking the steepest year-over-year decline. This trend comes on […]
12 best neighbourhoods in Calgary
Calgary has been steadily growing in popularity over the last decade or so, thanks to affordable housing (compared to Canada’s other urban centres), a booming job market and proximity to some of Canada’s most stunning landscapes. If you’re thinking of moving there, check out this list of 12 of the best neighbourhoods in Calgary. Methodology […]
‘All the crypto cowboys are gone’: Kevin O’Leary says the sector is safe now and is backing stablecoins — but experts say it could be ‘sowing seeds of a financial crisis’
Despite financial giants like BlackRock wading into the space, many investors still have trouble taking cryptocurrency seriously. And it’s not just the memes and quirky fans pushing people away. In 2022, about 8% of U.S. adults called cryptocurrency the best long-term investment around. That number has been cut in half ever since the collapse of […]
