I’m 58 years old and finally an RRSP millionaire: Do I need a bigger nest egg or can I ease off the gas?
Let’s say a 58-year-old is close to retirement. Not only will he have a decent workplace pension, but they’re finally an RRSP millionaire — a target to which many Canadians aspire. But how far will $1 million take you these days? This near-retiree is wondering if they should keep growing their nest egg or, now…
GTA housing sales up y-o-y by more than 44% in October 2024: Could 2025 see a surge in activity?
Over the past few years, the prospect of buying a home in the GTA seemed impossible for many, with price tags in the millions and intimidating borrowing rates. That being said, there’s a new sense of ease in the GTA housing market right now as borrowing rates have lowered. For context, last October the Bank…
Peter Schiff predicts gold could skyrocket to $100,000 an ounce and ‘there’s no limit’. Here’s why — and how you can capitalize in 2025
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. The price of gold has surged 24% in 2024 and is currently around $2,570 an ounce. It has lowered since reaching an all-time-high in October, but according to Peter…
Why American fans are saving $1,400 by attending a Taylor Swift concert in Canada
Taylor Swift’s "Eras Tour" captivated audiences worldwide, leading to unprecedented demand and soaring ticket prices, especially in the United States. Interestingly, many American fans discovered that attending a Swift concert in Canada — specifically in cities like Toronto, Ontario, and Vancouver, British Columbia — can be more cost-effective, even when accounting for travel expenses. Here’s…
Many in America’s top 10% still feel ‘very poor’ but billionaire Warren Buffett says most folks ‘live better than John D Rockefeller’ — 3 tips to create real wealth with the income you have
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. What does it really mean to be wealthy? At what point — specifically, at what income level — does one cross into “rich” territory? According to Bloomberg, an annual…
‘I want tangible assets’: Vince Vaughn revealed the simple money moves he made to protect (and grow) his acting earnings — now he’s worth $75,000,000. Here’s how you can copy his strategy
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. Vince Vaughn made a name for himself in Hollywood by starring in some of the biggest comedies of the 2000s. But instead of squandering his success, Vaughn took a…
How much cash do you plan to keep on hand once you retire? Here are 3 of the biggest reasons you’ll need a substantial stash of savings in retirement
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. During your working years, it’s important to have cash savings for unplanned expenses. These could run the gamut from home repairs to medical emergencies to a period of unemployment.…
This economist warned the US is ‘past the point where we can fix Social Security by cutting benefits’ — here’s what you need to know before you retire
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. The Social Security system in the United States is in deep trouble. According to the 2024 Trustees report, the Old-Age and Survivors Insurance (OASI) trust fund, which pays benefits…
‘Get out there’: Shark Tank’s Barbara Corcoran said Fed rate cuts would cool mortgage rates, but there’s a downside — here’s why waiting to buy a home might not deliver the win you want
Following the Federal Reserve’s recent 25-basis-point interest rate cut this month, homebuyers may be feeling a renewed sense of optimism. While lower mortgage rates are anticipated, housing prices may not necessarily follow suit. However, Shark Tank’s Barbara Corcoran recently advised on Bloomberg Television that it’s prudent to start house hunting now to avoid increased competition…
What a $500,000 home looks like in every major city
If you’re looking to buy a home in Canada in 2024, you might notice the housing market feels different from recent years. After a period of intense demand and skyrocketing prices, the real estate market is now experiencing a slowdown. Sales have declined in several regions, and prices are starting to ease in some areas,…
