Crash slows Trans Canada
More traffic headaches along major BC highways as motorists try to get home at the end of the BC Day long weekend. The latest incident occurred on the Trans Canada Highway near Revelstoke. Zenta Epp took to Twitter last this afternoon to report highway traffic is down to single-lane alternating due to a multi-vehicle crash […]
Heat warnings and severe thunderstorm watch issued for parts of B.C.
Hail and heavy rain expected with possibility of intense lightning in Peace River area Environment Canada has issued a severe thunderstorm watch for the Peace River area of B.C., and heat warnings for two other parts of the province. The thunderstorm is expected to bring large hail and heavy rain to the north and south Peace […]
The ‘elephant in the room’ that’s keeping millions from saving enough for retirement
Your student loans may haunt you even after you’ve paid them off. That’s because they’re having a major impact on how much people save for retirement, according to a focus group and survey of more than 1,800 people released by the MIT AgeLab and financial institution TIAA. Nearly three in four (73%) of those with student […]
Longer lives and ‘lumpy’ expenses force Americans to rethink their retirement-savings math
Before Mary Beth Barritt retired, she and her husband did all the math: They calculated the optimum time to draw Social Security, consulted advisers on structuring their investments and budgeted for daily expenses as well as plans to travel. But the retired college career counselor says she was taken by surprise by unplanned home repairs, […]
Local financial advisers weigh in on how millennials can increase wealth
Millennials are quickly approaching, or in the midst of first jobs, houses, weddings and kids. These life changes and investments often require money. Financial adviser Brian Williamson said he sees a lot of millennials, those born between 1981 and 1996, come to the Frederick office of Veridean Capital Partners to ask for financial guidance. “A […]
Should you really do nothing amid market volatility? It depends on whether you’re 27 or 63
As the trade war between the world’s largest economies rages on, your savings are likely taking a hit. The Dow Jones Industrial Average plunged more than 750 points on Monday, while the S&P 500 dropped nearly 3%. Amid troubles in the market, the most common advice is to do nothing. However, it can be helpful […]