Retirement

What are tontines and why their time has come for financial planning

Author Moshe Milevsky makes his case to bring back a financial instrument from the past. SPEED READER Book: King William’s Tontine: Why the Retirement Annuity of the Future Should Resemble its Past Author: Moshe A. Milvesky Publisher: Cambridge University Press Price: $56.43 for 257 pages WHO I ...

Don’t sell out when markets you stress out

  The stock market is going to take a hit.  This we can say with confidence. Will it be a right jab, easily shaken off?  Or will it be a full-on body blow that leaves you prone, on the mat, panting, bloodied and humiliated? A sell-off is coming.  We don’t know how severe it will be, what wil ...

How to choose between active and passive investing

It’s impossible for everyone in a class to be above the class average. Same goes for every fund manager beating the average market return.  (Flickr) Proponents of low-cost investing are sometimes ‘challenged’ by proponents of actively-managed products and strategies.  I use the quotati ...

Five things to do if you're nearing or in retirement and fearing a market pullback

Unlike those mid-career, older investors have less time to recover from setbacks and often have to tap their portfolios to cover costs ...

A Conversation with David Swensen?

Janet Lorin and Christine Harper of Bloomberg report, Yale's Swensen Sees Low Volatility as `Profoundly Troubling':David Swensen, Yale University’s longtime chief investment officer, said the lack of market volatility in the current geopolitical environment is a major concern and warned that anot ...

I lost my home in a fire. Can I tap my LIRA to cover costs?

Q: My house was burnt in the Fort McMurray fire. I am now unemployed and my husband and I are struggling to make the mortgage payments on top of our rent payment. Our savings are now drained as well as money received from insurance—the town house was part of a condo and is being rebuilt. We hav ...

How to boost your retirement income by 50%

Flickr If you were told there was a way to boost your income in retirement by 50% it would no doubt get your attention. It certainly got my attention, in a paper in a recent issue of the Journal of Retirement. The paper was co-authored by one of MoneySense’s panelists for the annual ETF All St ...

Top Funds' Activity in Q3 2017?

Julia La Roche of Yahoo Finance reports, Here's what the biggest hedge funds have been buying and selling:The stock moves that the biggest hedge fund managers made in the third quarter are being revealed today.Hedge funds of a certain minimum size are required to disclose their long stock holding ...

A conversation about retirement income planning and being realistic about goals

How can you make that abrupt shift from saving to retirement spending? What can you do to make sure the CRA isn’t your biggest beneficiary? Do Canadians in retirement really go hog-wild, or is the change in spending habits a bit more nuanced? I talked about all this and much more in my recent Q& ...

OPTrust Butts Out For Good?

Last week, OPTrust made an announcement, OPTrust to divest from public market tobacco firms:OPTrust today announced it is divesting from the tobacco industry. By the beginning of 2018, OPTrust will be divested from all equity and fixed income investments in public companies that derive a majority o ...