Some troops heading home after record-breaking B.C. wildfire season
More than 13,000 sq km of the province has burned since April 1 About half of the Canadian Armed Forces members who helped with the fight against B.C.’s wildfires this summer are heading home. The Department of Defence announced Monday that military aircraft and a large contingent of troops are returning to their home bases. […]
Canada’s poverty plan is public policy at its best
The federal government is to be congratulated on its just-released Poverty Reduction Strategy. The strategy itself, running to more than 100 pages, endorses the idea of an official poverty line, relieving Statistics Canada from the impossible task of finding a purely statistical basis for defining and measuring poverty. It further endorses the idea that poverty […]
Here’s how much you need to save each month to be a millionaire in 40 years
A record number of Americans are becoming millionaires. As of 2016, there were 10.8 million millionaires nationwide, according to a 2017 report from Spectrem Group. Could you become one of them? Reaching that milestone isn’t the challenge it once was, after all. If you’re at the beginning of your career, you still have decades left to save. And even […]
A Foolish Take: Will You Have Enough Money to Retire?
Saving toward retirement is challenging for many Americans. Given all of the competing demands on your paycheck, it can be hard to set aside money that you won’t need for years, or even decades. But even though many people aren’t as diligent as they should be about retirement saving, they’ve still done a good enough […]
How Much Do You Need To Retire? 3 Ways To Get It Right
Far too many people make bad choices when it comes to retirement. It’s the equivalent of choosing candy bars over the solid meal. According to a study by David Blanchett at Morningstar, a handful of decisions can make the difference between saving enough for a long retirement — or coming up short. “Knowing when we […]
A decade after the financial crisis, this retirement dilemma still hasn’t been solved
When it comes to how individual investors have fared since the financial crisis, it’s still largely a tale of the haves and have-nots. To see evidence of this, look no further than where individuals are when it comes to the biggest financial goal of all: retirement. As news of 401(k) plan millionaires hits the headlines, […]