Every week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.
This week’s list focuses primarily on retirement issues…or the impact of choosing not to retire for one generation; then finishes off with an interesting view on tax policy.
Richest. Seniors. Ever. How the luckiest generation keeps making money – and spending it (http://www.financialpost.com/) – They get the sweetest discounts on movies, transit and restaurant meals, but a lot of Canadian seniors hardly need them — they’re richer than ever. Canadians 65 and older have amassed wealth like no other age cohort before them, having been blessed enough to work in an era where generous pensions plans were still standard, where stock portfolio growth was spectacular, and with gains in housing prices that no future generation might ever see again…
How to handle a retirement shortfall (http://www.vanguard.com/) – What happens if you estimate your retirement expenses and come up short when you total up your sources of retirement income? It’s not the end of the world, but you may need to alter your retirement plans. Here are five ways to make up a shortfall…
IMF says hiking energy taxes and cutting income taxes could give Canada’s economy just the boost it needs (http://www.financialpost.com/) – The International Monetary Fund says Canada and other countries can improve their economies and environment by hiking energy taxes — while cutting them on people and capital. In a new book, Getting Energy Prices Right: From Principle to Practice, the IMF essentially endorses policies at times advocated by the federal Liberals and NDP calling for what some have termed a “green shift” in the taxation system. The Conservative government, however, has rejected carbon taxes…
Come back next week for more interesting news and articles. Enjoy your weekend!