I’m 61 and just laid off. My wife and I have $1.5M saved and are anxious to start the next chapter of our lives. Can we retire now?
When it comes to planning for retirement, evaluating your nest egg is a big part of the process. In fact, the state of your retirement savings can heavily influence when you decide to retire. Take this hypothetical case study with real world resonance. Jim is 61, worked in the corporate world for most of his […]
‘Trim down to get approved’: Trump offers advice to ‘bigger’ applicants seeking a visa. Here’s who else he blames for straining the health care system
After comments about new health requirements for U.S. visas, President Donald Trump’s immigration policies are coming under fire again. A recent cable examined by KFF Health News and sent by the State Department to embassy and consular officials contained guidance on denying visa applications for several new reasons. One of these reasons included the likelihood […]
A Missouri hairstylist blames Trump for putting her $40K in debt as clients curb spending on luxuries like hair care. Is his economic policy at fault?
The latest polls are in agreement: 57% of respondents to a recent YouGov/Economist survey disapproved of the president’s handling of major issues, including jobs and the economy (1), and 57% of respondents to a Quinnipiac University poll say the same (2). This is an opinion certainly shared by Lynn from Missouri, a 31-year-old hairstylist who, […]
Sheriff warns of ‘oil-in-the-engine’ car-buying scam rising — 2 California men arrested. Here’s how it works (and the big red flag to watch for)
Selling a car online can already feel like a trust fall with the internet and for one Newcastle resident, that trust almost backfired. Deputies in Placer County, California, say two Fremont men were arrested after allegedly pulling off a classic “engine oil” scam targeting private sellers. Must Read Thanks to Jeff Bezos, you can now […]
Here’s 1 deal breaker younger employees won’t budge on if employers want them to stick around — is your company working hard enough to retain(/keep) you?
In today’s competitive job market, offering more than just a paycheck is essential to retaining top talent. Financial wellness programs have emerged as a key component in employee benefits packages, aiming to enhance financial literacy and reduce stress among employees. These programs not only support their financial well-being but also contribute to improved retention rates […]
Prime Day? Pass. Canadians can still score real holiday deals without Amazon
Every fall, Canadians are bombarded with countdown clocks, “lightning deals,” and inboxes full of urgent reminders that Amazon Prime Day — or the biggest and best Black Friday deals — are here. But as flashy banners return, a growing number of shoppers are asking: Are Amazon’s deals really that good? And is this really where […]
Shark Tank’s Rohan Oza bet on soda Poppi back in 2018 — and now it’s paying dividends with $1.95B deal with PepsiCo. Why taking risks can payoff
Over the past few years, you wouldn’t be able stroll down a grocery store beverage aisle without catching a flash of the hot pink, orange or purple cans of Poppi. Poppi isn’t your typical soda. Instead of being packed with sugar and artificial flavour, it started out as founder Allison Elllsworth’s kitchen experiment: She was […]
Cardiologist earning $650K wants a $250K Porsche — Dave Ramsey explains a smarter way to satisfy that urge
A recent caller to The Dave Ramsey Show asked whether he should buy a US$250,000 (C$350,000) Porsche, seemingly expecting the famously frugal finance guru to quash the idea — but his answer was surprising. Ramsey actually wasn’t opposed to the luxury car purchase in theory, given the caller’s high income, but he discouraged him from […]
I was laid off at 61 and got approval to start Social Security, now I’ve been offered a high-paid job. Should I crawl back to work?
This article adheres to strict editorial standards. Some or all links may be monetized. John, 61, was all set for retirement. He was approved for Social Security, and then, just before he gave his notice, was laid off. His severance package covered him until his Social Security payments could start. With four years to go […]
Even six-figure earners are living paycheck to paycheck as costs soar — why high incomes aren’t enough to escape the affordability crisis
While many people might assume a six-figure salary would buy peace of mind, for a growing number of Americans, it’s barely buying time until the next paycheck. That’s according to a new Goldman Sachs report that finds even top earners are struggling to stay ahead of their bills. (1) A quarter of workers earning more […]