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. Trending Now Thanks to Jeff Bezos, you […]
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]. Trending Now Thanks to Jeff Bezos, you can now become […]
Lifestyle now, retirement later? Why nearly half of Canadians are delaying their future — and 3 tips to help you avoid this costly mistake
As inflation continues to squeeze household budgets, nearly half of non-retired Canadians (46%) are choosing to spend on their lifestyle now rather than save for retirement — a decision rooted in both necessity and a growing "life’s too short" mindset. Why it matters: A 2025 IG Wealth Management survey reveals that debt and rising living […]
Seniors staying put is fuelling Canada’s housing crunch for first-time buyers
Across Canada, a growing number of seniors are choosing to age in place, and their decision to stay in family-sized homes is tightening the already strained supply of housing available to first-time buyers. The Canadian Press reports that homeowners aged 75 and older are listing their homes far less often than they did in previous […]
I’m 57 years old and recently divorced. I walked away from my marriage with just $18K in retirement savings — how do I secure my suddenly solo future?
Divorce isn’t just a young person’s game. For some, love is fleeting and can evaporate quickly. In other cases, it’s a bond that can last for decades until it’s worn down or suddenly broken. Kathryn, 57, finds herself single after nearly 30 years of marriage. Her ex was the breadwinner of the household, and she […]
Bank of Canada cuts rate to 2.50% — what this means for your mortgage and housing costs
Canadians hoping for more relief on borrowing costs finally got their wish as the Bank of Canada announced a rate drop on its target rate on September 17, 2025. The BoC dropped its overnight rate by 0.25% — from a bank-to-bank lending rate of 2.75% to 2.50%. This is the first cut the BoC has […]
How much savings do I need to spend $12,000/month in retirement? A lot more than you probably think
For many Americans, retirement isn’t just about getting by — it’s about living comfortably and maintaining a middle-class lifestyle. Earning $12,000 a month ($144,000 a year) in passive income, for instance, could make that possible, covering everyday expenses while still allowing for travel, dining out, and other luxuries. But reaching that level of income in […]
Quarters launches rewards platform to turn everyday spending into home savings
A new fintech platform has come online, allowing Canadians to save for housing by converting their daily purchases into contributions toward rent deposits and down payments. Toronto-based startup Quarters announced the launch of its “Home Savings Rewards” program last week, which it says is the first of its kind in Canada. Unlike traditional loyalty platforms […]
Nearly 10% of Americans feel less pressure to save knowing they’ve got an inheritance coming — but here’s why that windfall could easily evaporate
Economists say a massive $100 trillion is going to be handed down by baby boomers over the next 25 years in what’s known as the “Great Wealth Transfer.” According to a survey from Choice Mutual, about 66% of Americans expect to inherit money during this time [1]. The same survey found that about 1 in […]
Michigan woman says her siblings taught their kids to call her ‘Big Money’ since she’s become debt-free — but Dave Ramsey says it’s no laughing matter
Dave Ramsey had some very blunt words for the family of a woman who recently sent in a question to his show. So harsh, in fact, that Rachel Cruze, his cohost and daughter, questioned whether he’d put his own advice into practice. Suzy from Michigan says that her and her husband are in a good […]