I’m 60, ready for retirement with $1.2M saved. I plan to live off dividend income — not sell assets. Is this really more risky than a ‘total return’ approach?
At 60, if you have $1.2 million saved for retirement, you have more than double as much as most of your peers, according to Statistics Canada. But even though that’s a lot of money, it’s important to manage your sizeable nest egg carefully. You could try to live off of dividend income from your portfolio, […]
Trump’s tariffs, market chaos and the rise of inverse ETFs: How investors are hedging the storm
In today’s turbulent economic climate, marked by President Trump’s recent tariffs on Canada, Mexico and China, concerns about a potential recession are escalating. As markets react to these developments, investors explore strategies to protect their portfolios. One such strategy involves inverse ETFs. What are inverse ETFs? Inverse ETFs, also known as bear or short ETFs, […]
Bank bundles: Yay or nay, and why?
I love to bundle up. And I’m not talking about adding extra layers of clothing when it’s cold outside. I mean that I enjoy saving money when companies offer bundling bonuses or discounts to customers who get more than one product from the same merchant. It’s an especially popular marketing strategy with telecommunications, software and […]
The Canadian food and beverage industry is facing an uncertain year
Amid economic challenges, trade disruptions and shifting consumer habits, Canadian food and beverage manufacturers are facing a year of uncertainty. According to the latest FCC Food and Beverage Report, forecasts predict a modest 0.6% increase in food and beverage sales to $168.8 billion in 2025, but a 1.5% decline in sales volume. "The food and […]
‘No good’: Florida couple who lost their home in Hurricane Helene raise concerns, questions after $30,000 FEMA flood insurance check failed to clear — twice. What to know if it happens to you
When Hurricane Helene tore through Ruskin, Florida, in 2024, Robert Paul and his wife lost nearly everything. Their home was destroyed, and like many Americans, they turned to their insurance provider for relief — and were relieved when their $30,000 claim was quickly approved. But that relief quickly turned to frustration. The settlement check from […]
JPMorgan studied 5 million retirees across America — and found 3 surprising spending shockers. Is your 7-figure nest-egg actually hurting you?
Most retirees worry about running out of money because of spiralling inflation and unexpected medical costs as they get older. However, after studying the spending patterns of five million retirees, JPMorgan has uncovered surprising information that some of these concerns might be overblown. Perhaps the biggest shocker in their report is that some retirees might […]
Jason Kelce says he lost ‘all my money’ in New Orleans at Super Bowl LIX — at one point it was a ‘bigger bloodbath’ than the Chiefs’ blowout loss. Here’s what happened and what you can learn
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Travis Kelce, along with the Kansas City Chiefs, suffered a crushing loss at Super Bowl LIX after being obliterated 40-22 by the Philadelphia Eagles. But his brother, Jason, also […]
I invest in my 401(k) every month without fail — but I’m starting to get really worried about a recession. Would it be a mistake to start hoarding my cash instead?
The economy is top of mind for just about everyone right now — and if you’re bracing for a possible recession, you’re far from alone. Economists are raising their forecasts, saying there’s a nearly 50% chance of the U.S. entering a recession in 2025. Don’t miss I’m 49 years old and have nothing saved for […]
Food banks across the US brace for impact as Trump administration halts more than $500M in funding — here’s how to make ends meet even as food prices are poised to keep rising
As the Trump administration continues to slash funding wherever it sees fit, America’s food banks are sounding the alarm. According to PBS, the U.S. Department of Agriculture recently halted more than $500 million in deliveries to food banks throughout the country, and that’s coming at a time when Americans should be bracing for higher food […]
This Minnesota woman stole $360K from Social Security by pretending to be her dead mother for ‘literal decades’ — does this prove Elon Musk is correct about widespread fraud in the system?
Mavious Redmond of Austin, Minnesota, has pleaded guilty to theft of government funds after more than 25 years of fraudulently collecting Social Security retirement benefits after her mother’s death in 1999. Redmond collected more than $360,000 in payments, and allegedly impersonated her mother on several occasions, including forging her signature. Don’t miss I’m 49 years […]
