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EDT (Brent Foster for The Globe and Mail) Alex is 61, Roxanne 58, so retirement is on their minds but when? Like many people, they really don't know how much income their savings and investments will generate. So their hearts were lifted when they
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Portfolio Checkup Retirement Thinkstock Retirement Victor, who earns $60,000 a year, has been in his municipal job for about a year. Both will be entitled to defined benefit pension plans if they stay with their current employers. They wonder what to
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Thinkstock video Getty Images/Hemera Market View Money Monitor Two of her three children, ages 16 and 23, live at home. She hopes to help the youngest with her university costs in a couple of years. To supplement her income of about $87,000 a year
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Yet they are concerned they do not yet have the $2-million in net worth they have come to believe they will need to retire. Ethel, who is 50, plans to quit her job next year and work part-time in addition to volunteering at the hospital. Fred, who is
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At 72, Barbara has reached a critical point in her financial life. Under tax law, she must begin withdrawing money from her registered retirement income fund even though she has enough income from her non-registered portfolio to cover her expenses,
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