Posts by Boomer
My Brand New Car
I recently purchased a brand new 2011 vehicle. I know what you’re going to say: I wasted my money, that I lost at least $3000 the minute I drove it off the lot…
Read MoreRetiring Baby Boomers
Next year the first baby boomers will reach the “standard” retirement age of 65 years. I read in the news the doomsday reports of the stock markets collapsing and the health care system falling apart.
Read MoreMutual Fund Investing
Mutual funds are a very popular investment. For many people they are the core investments in their portfolios. But, a lot of people are too complacent about their holdings
Read MoreThings I Wish I Had Learned Earlier
They say it’s better late than never, but thinking over the things I’ve done (or not done) in my adult life, there are some lessons I wished I had learned sooner.
Read MoreCanada Savings Bonds
Canada Savings Bonds (CSBs) are now on sale and I wonder if they are still as popular now as an investment option as they were in times past.
Read MoreSaving For Your Child’s Education
When my children were born I believed it was important for them to get a post secondary education (yes, even at that early age) and I planned to save as much as I could for that purpose.
Read MoreLet The Flood Waters Stop!
I have never had a home insurance claim before, especially one of this magnitude and I have come up with some points to minimize the process if (heaven forbid) it should happen again
Read MoreRetirement Income
I recently came across a savings calculator that determines how much you need to save to provide an income after retirement. I was quite horrified to discover that I need to put away approximately $3600 per month in order to have a lump sum large enough to provide me with an annual retirement income of $40,000.
Read MoreThe Best Laid Plans
The question of staying home with the kids was quite open to debate. I happily stayed home taking care of my babies and getting to know the neighbours in our new housing development with distant thoughts of getting a part-time job when the kids started school. Unfortunately two events occurred that changed all my plans:
Read MoreThe Risk Of Inflation
When you prepare a long-term financial plan for your retirement or a child’s education fund, a 2 – 3% inflation rate is factored into the total.
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