Canadians are worried current market volatility will impact their future financial independence
Invest, save and then invest some more. This is the advice many Canadians receive when seeking a financial plan – the specifics of the investments and savings notwithstanding. But current market volatility may be putting somewhat of a damper on those thoughts of financial independence. Almost half (48%) of all respondents in the annual RBC […]
New Brunswick man fined more than $4K for an accident that happened 60 years ago
An 86-year-old New Brunswick man is facing a hefty fine for an accident he has no memory of — an incident that took place 65 years ago in Toronto. Ossie Gildart was shocked to learn that his driver’s licence had been suspended due to an uninsured accident from 1960, after a recent fender-bender led him […]
‘No one’s posting receipts’: Social media FOMO can land you in tens of thousands of debt, 3 signs you are in trouble
The old saying “comparison is the thief of joy” is increasingly relevant in the age of social media. A 2024 study by LendingTree found that more than six in 10 Gen Zers say they feel pressured to spend to keep up with others. For Alyssa Davies, a 32-year-old content manager from Calgary, Alta., the cost […]
Suze Orman says all retirees now need to have a five-year ‘just-in-case’ fund — in cash. But is this a realistic (or reasonable) goal for most Americans?
If you’re heading into your golden years without a sizable "just-in-case" fund, you could be walking a financial tightrope without a safety net. Suze Orman expressed this concern during a recent episode of her Women & Money podcast. The personal finance expert believes seniors should save enough money to cover three-to-five years’ worth of living […]
I’m a 55-year-old divorced dad with $810,000 in my 401(k) and I’m maxing out my contributions every year. Can I realistically retire in the next 10 years?
If you’re a divorced dad in your mid-50s with kids and a healthy 401(k), retirement at 65 isn’t off the table, but it’s not just about your nest egg anymore. It’s about who you still need to support, how long that support might last and what lifestyle you’re aiming for. Many Gen Xers are now […]
‘It might not be ideal’: This 60-year-old Arizona woman still dreams of owning her own home one day — but she only makes $2,800/month. Here’s what The Ramsey Show hosts told her to do ASAP
She’s debt-free, has some savings and no major expenses. But at 60, Andrea still isn’t sure she can buy a home or retire — and she called into The Ramsey Show to ask if it’s even possible. “I want to own a home and retire one day,” the Phoenix, Arizona resident told co-hosts George Kamel […]
‘Son, roll up your sleeves’: Dave Ramsey lays into ‘entitled’ man for questioning why to even invest if he might not live to enjoy his riches — but Ramsey says his mindset is the real problem
Sometimes you can get the best advice by poking the bear. One write-in guest on The Ramsey Show found out the hard way after trying to “make sense” of Dave Ramsey’s investment advice. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 6 […]
‘What we’re doing is very big’: Trump says he won’t rule out a recession — here are 3 simple strategies to help keep your finances safe in a downturn
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. Sometimes what leaders don’t say speaks the loudest. So, when U.S. President Donald Trump refused to rule out a recession amid a wave of price-increasing tariffs and stubborn inflation, […]
Smart car shopping in retirement: What to consider before buying a vehicle on a fixed income — from budget tips to choosing the right features for your lifestyle
You’re enjoying your retirement years, taking the occasional road trip to spend time with friends and family. But your car has seen better days — nearing the end of its life at 200,000 miles. Since you haven’t purchased a car in a long time, you may be surprised at how much vehicles have changed — […]
Americans of all ages are suddenly cooling on Florida — and this 1 hot spot has been hit the hardest. 3 reasons this once trendy city is seeing ‘the biggest slowdown’ in new residents
Florida has long been a magnet for Americans looking for a better life. Low taxes, affordable housing, a low cost of living and pleasant winter weather have made it a popular move — and not just for retirees. Young people seeking economic opportunities have come in search of jobs in technology, health care and tourism […]