Too many Arctic issues
Stand-alone northern minister says Arctic issues too many for him Canada’s first stand-alone minister of northern affairs says he’ll be doing anything but standing alone. “The way I look at it, my ministry is responsible for all of those issues — environment, transportation, resource development — but for the North,” said Dan Vandal, the Manitoba […]
Feds rush spending
Feds hurried to spend $50M social-finance cash, documents show Internal government documents show that federal officials moved quickly before the fall election campaign to dole out $50 million aimed at transforming the delivery of social services. The idea was to push money to national groups with a track record of success, and then raise awareness […]
Single Workers Lag in Retirement Savings, Data Shows
Saving for retirement is hard to do, regardless of your relationship status. But if you’re single, you may have a harder time socking funds away for the future. After all, being single means not having a partner to share expenses with. Because of this you’re forced to foot all of your mortgage payment, utility bills, […]
Should I roll over my 401(k) into an IRA?
Q. I’m retired. I have an IRA and a 401(k), and the 401(k) has done really well this year. I was initially planning to roll it into the IRA, but because the performance is good, I’m hesitating. What should I do? — Investor A. There are several pros and cons to rolling over a 401(k) […]
1 Simple Trick That Can Dramatically Increase Your Retirement Savings
If you’re struggling to save for retirement, you’re far from alone. Close to half of baby boomers have zero retirement savings, according to a report from the Insured Retirement Institute — and of those who do have savings, more than one-quarter have less than $100,000 stashed away. Saving for retirement isn’t easy, but it’s vital […]
Is it possible to save too much for retirement?
If you’ve been consistently saving for retirement for years (or even decades), you may start to wonder whether it’s possible to over-invest in your future. The answer: It really depends on your financial circumstances. While many money experts will tell you that you can’t have too much in retirement savings, others will say it comes […]