I was laid off at 61 and got approval to start Social Security in a few months — now I’ve been offered a high-paid job. Should I crawl back to work?
John, 61, is set for retirement. He was approved for Social Security, and then, just before he was about to give his notice, was laid off by his employer, an added bonus that meant his severance would cover him until the month his Social Security checks start. The only catch is that as he’s not […]
Most Americans think 63 is the perfect age to retire — but they’re dead wrong. Here’s the big number to bet your retirement on instead
When it comes to retirement, timing is everything. If you leave the workforce too early, you could increase the chances of outliving your savings. And if you retire too late, you may find yourself more exposed to age-related health risks with less time to enjoy your golden years. Must Read Thanks to Jeff Bezos, you […]
Affluent investors cautiously watching this 1 SEC rule change that will make day trading easier — why even experienced investors should tread lightly
The Financial Industry Regulatory Authority has approved a proposal that would remove a big roadblock for active retail traders: the $25,000 minimum equity rule. (1) If the U.S. Securities and Exchange Commission signs off, removing this long-standing threshold could kick off a massive shift in how small accounts participate in day trading. Must Read Thanks […]
US workers’ sense of financial security regresses to 2024 levels, says BofA survey. Why so many have lost their confidence — and what to do about it
U.S. workers are becoming increasingly concerned about their financial health, according to a Bank of America Workplace Benefits Report. Of the 1,000 respondents polled by BofA, 47% full-time workers reported having a sense of economic well-being, down from 52% at the start of 2025 [1]. Must Read Thanks to Jeff Bezos, you can now become […]
Dream trips don’t have to break the bank — here’s 3 bucket list destinations where you can save big
Cost is the number one reason many Canadians postpone their travel dreams. According to a 2024 Skyscanner Canada survey, 1 in 4 Canadians say price is the biggest barrier to travel, while more than three-quarters prefer to save on accommodations so they can spend more on memorable experiences. The good news? You don’t need to […]
I’m 45, newly married, and my husband has almost $70,000 in student loan debt. Should I help pay it off so we can start our life with a clean slate?
Getting married means merging your life to your spouse’s — and often, that includes your financial future. But are you responsible for debts your partner racked up before the wedding? That’s the dilemma one woman is facing. Jennie is 45, her husband, Rob, is 42, and they’ve been married for a year. Jennie earns about […]
My father died 10 years ago and left his pension to me and my estranged brother. I just heard my brother has died — can I claim his share?
We’re in the midst of a great wealth transfer, with baby boomers expected to pass an estimated $106 billion to younger generations through 2048. But receiving an inheritance may prove complicated for some beneficiaries. (1) Only 44% of boomers have a will, according to Trust & Will’s 2025 Estate Planning Report. (2) Must Read Thanks […]
I nearly wasted my first $2,000 — here’s what every Canadian newbie investor needs to know
If you’ve got $2,000 saved up, you can buy a variety of happiness-inducing items or experiences. You could spend it on a fancy computer, a purebred puppy or a flight to some sunny destination. But as tempting as those choices sound, I’d consider doing the more “responsible thing” and using that money to start a […]
1 in 6 American parents are choosing not to vaccinate their children. Here’s why — and how vaccine hesitancy can hit your bottom line
A recent poll by The Washington Post and Kaiser Family Foundation (KFF) revealed that 1 in 6 American parents have delayed or skipped at least one childhood vaccine, not counting the flu and COVID-19 shots (1). And 9% of the surveyed parents also admitted to skipping core vaccinations, like polio or measles, mumps and rubella […]
Here are 5 cheap purchases that can make retired life in America so much easier — especially in 2025. How many are you missing?
Retirement is supposed to be a chance to relax, and making your golden years comfortable doesn’t have to cost a fortune. In fact, some of the best ways to boost your quality of life are surprisingly affordable. Whether you want to stay active, stay warm, or just stay connected, there are a few low-cost purchases […]