Annuities and Retirement: How Longevity Insurance Can Protect Your Savings People are living longer, which is good news for longevity but a challenge for retirement planning. With defined-benefit workplace pensions becoming rarer and interest rates remaining low for long stretches, many retirees face the real risk of outliving their savings. For individuals without a traditional … Read more

The dramatic rise and sudden fall in bitcoin’s value over recent months made headlines worldwide and stirred intense discussion on social media. The crash rattled the crypto community, but many long-time bitcoin supporters say the wild swings are not a flaw but an intrinsic characteristic of the largest and best-known cryptocurrency. Bitcoin is one of … Read more

What caught my eye this week. Last week the major US exchanges leapt higher after a strong signal that US inflation may finally be cooling. That was welcome news for markets and investors. You’ve probably heard the old warning about staying invested: if you miss just a few of the very best days, you can … Read more

Why Couples Should Balance Shared Accounts and Individual Savings When I see couples who have completely merged their finances, it often raises a red flag. The idea that love equals total financial merger — “We love each other, why would we keep our money separate?” — conflates emotional commitment with the practical realities of money … Read more

Practical tips you can use to improve your chances of winning online contests. Erika Komori, a 29-year-old product manager from Toronto, stopped paying for clothes, travel and many outings more than a year ago because she spent years entering online contests. Over four years she entered hundreds of promotions and prizes, ultimately winning more than … Read more

The first page of a Google search for the 60/40 portfolio paints a worrying picture: headlines suggest the 60/40 needs to be “rethought,” “may not have a future,” or simply isn’t “good enough” anymore. So is the 60/40 portfolio dead or dying? Should investors abandon a Vanguard LifeStrategy 60 fund or any other classic 60% … Read more

What Owning a Home Really Costs: A Practical Guide Home ownership is fundamentally different from renting. If you assume that a mortgage payment that looks similar to your current rent means the total cost of owning is equal to renting, you’re missing major expenses. Beyond mortgage principal and interest, homeowners face utility bills, property taxes, … Read more

Four years ago, Lily and John Tang received a phone call that upended their lives. Lily’s 68-year-old mother told them she and Lily’s father could no longer afford to live independently; they were struggling to keep up with their mortgage. Lily, 39, immediately tried to find a solution. She ran the household numbers for hours, … Read more

In this latest instalment of our regular series we meet a reader who effectively achieved financial independence in a remote corner of the world—long before he’d heard of FIRE. Read how Mark left work to travel on an actively managed portfolio that continued to grow. A place by the FIRE Hey Mark! How do you … Read more

View the most up-to-date Charity 100 rankings here. We developed a transparent rating system that assigns letter grades to the 100 largest charities in Canada. Each charity is evaluated across four core areas—program spending efficiency, fundraising efficiency, governance (including transparency), and reserve fund size—and then ranked relative to other charities in the same category. Charity … Read more