February/March 2013 Archives - Page 2 of 4 - MoneySense

Retirement

An income layer cake

Your retirement income will come from a variety of sources: government, pensions, your portfolio, part-time work, and maybe even your home equity. How can you keep your cash flow smooth and tax-efficient?

Shopping

Fashion: La chic for cheap

Want to update your look for work and play, but don’t know where to start? We’ll show you how to do it without killing your credit card.

Shopping

The perfect price to pay for a haircut

by Stefania Di Verdi

Real Estate

Why homeowners need REITs in their portfolios

Many homeowners figure there’s no need to own real estate investment trusts (REITs), as they already own a property. But as this graph shows, REITs have little correlation with the Canadian housing market. Your home is an extremely undiversified bet on real estate—a single home in a single neighbourhood—while REITs are diversified and tend to move with the stock market.

Investing

Ask MoneySense: Asset allocation

by MoneySense staff

Retirement

78 and deep in debt

Retired businessman Louis Zanini knows it’s time to sell his home and pay off his $113,000 debt. But as he approaches his 80s, will he be better off financially if he buys a condo, or moves into a rental apartment?

Taxes

You can deduct that?!

These far-fetched tax deductions worked for others. Why not you?

RRSP Guide: When

Ask MoneySense: RRSP withdrawals

When it makes sense to withdraw from your RRSP.

Retirement

Am I on track to have $250,000 by age 55?

Kamal wants to retire early in order to travel and do volunteer work but isn’t sure she’ll be able to meet her savings goal.

Shopping

Chef’s knives: A cut above

A first-rate chef’s knife can set you back hundreds. But our top kitchen contender slashes the competition on price while delivering on quality.