I’m 59 and inching closer to retirement — but after a nasty divorce, I’ve been left with basically zero savings. What 3 things can I do ASAP to cobble together a comfortable nest egg?
Jamie, 59, is inching closer to retirement, but after going through a nasty divorce, his emergency fund and savings have been wiped out. He still has a 401(k), a pension and some investments, but his divorce will impact the value of those assets. Without additional savings to supplement those assets — which will be divided […]
Urgent warning issued for US consumers after ‘security breach’ of 184,000,000 passwords — here’s who’s exposed and how to protect yourself
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. If you’ve been ignoring those pesky "suspicious login" alerts in your inbox, now might be the time to pay attention. Cybersecurity researcher Jeremiah Fowler discovered an unprotected online database […]
‘Beyond the pale’: Atlanta ‘phantom debt collector’ harassed people into paying him debts they didn’t owe — here’s how to protect yourself from being ‘violated’ by shady professionals
Having debt is never fun. And when a representative from a lender calls you asking for the amount you owe, your nerves may get the best of you. But what if you’re being harassed? Worse yet, for a debt you don’t really owe? Don’t miss I’m 49 years old and have nothing saved for retirement […]
43% of Canadians are delaying retirement due to financial pressures — is your plan still realistic at age 63?
Many people look forward to retirement and can’t wait to kick off that chapter in life. But for some people, that part of the story isn’t appealing. If you’re 63, you’re at a time when it is reasonable to consider your financial stability during retirement. Even though you haven’t hit 65, you’re still old enough […]
Feel confident investing in Nvidia: Why dollar-cost averaging helps Canadians build wealth long term
Nvidia (NASDAQ:NVDA) has been one of the best-performing stocks of the last decade, benefiting from advancements in artificial intelligence (AI), cloud computing, and gaming. However, its high price and volatility make it a challenging stock for Canadian investors to buy. One way to manage risk and build a long-term position in Nvidia (NASDAQ:NVDA) is through […]
My dad, 61, just lost his job — and he accounted for 70% of my parents’ income. He’s worried no one will hire him at his age and my mom can’t manage taking on any more work. What do they do?
Losing a job can be a huge blow at any age. But when you’re in your 60s, it can be an even harder struggle. Although it’s illegal for employers to discriminate against job candidates based on age, it happens frequently and it’s hard to prove if it happens to you. AARP reports that 74% of […]
A cement truck crashed into homes in this San Francisco county — 2 houses are now ‘red-tagged’ with 14 people displaced. What legal, insurance options would you have if it happened to you?
Imagine coming home and finding out that a cement truck is in the middle of your living room. It’s hard to picture a disaster like this, but it became a reality for residents of two Daly City Homes. "I’m a bit traumatized," Jennifer Lu, one of the impacted homeowners, told NBC Bay Area. "Luckily, my […]
‘This is our lifeline’: Las Vegas seniors with mobility issues say a broken elevator in their building left them stranded in their units for more than a week — what to do if it happens to you
Residents at Harmony Senior Apartments in Las Vegas say they were effectively trapped in their homes for more than a week after the only working elevator in one of the buildings broke down. Many use walkers or wheelchairs and say that without the elevator, it’s impossible to manage basic daily tasks. “This is our lifeline […]
Grocery giant Loblaws drops property restrictions, paving way for lower grocery prices and reshaping investor outlook
In a move hailed as a win for consumer choice and market fairness, Loblaw Companies Ltd. (TSX:L) has announced it will eliminate restrictive property controls that have limited grocery competition in Canada. The Competition Bureau welcomed the decision, calling it a “key milestone” that could help drive down food prices by allowing more retailers to […]
I have $2,700 in extra retirement income each month. Is it enough and what should I do with this money?
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. Before you retire, you want to make sure you have enough income to cover your spending needs. But, plenty of people hope to leave work with the ability to […]