Treatment of Canadians Violates NAFTA? In my Ups and Downs since Black Tuesday an interesting article by Peter Brieger in the Financial Post “The Other Chapter 11” where reference is made to NAFTA Chapter 11 suggested that Canadians’ personal part-time use property (investment) may be entitled to compensation from the U.S. government to recover the […]
Florida real estate- Opposite perspectives…and some Facts There were a couple diametrically opposite views on Florida real estate in the past couple of weeks. But first let’s look at the facts via data from the latest S&P Case-Schiller numbers on Miami real estate prices. The following graph, covering the period of February 1987 to March […]
Comparing strategies for retirement wealth management: Mutual funds and annuities by Pang and Warshawsky in the Journal of Financial Planning This was a wonderful, must read and long overdue paper in the latest issue of the Journal of Financial Planning which will help advisers (and sophisticated do-it-yourselfers) better understand available decumulation strategies and the fundamental […]
Q&A: Take Commuted Value or “Pension”? (Laid-off from Nortel in the summer of 2009) Q: A friend of mine was in the latest round of (Nortel) lay-offs, and is trying to decide whether to take his pension as a lump sum, or stay in the plan. Of course, in the current mess, there is no […]
Emergency Policy/Legislation Changes to Ease Impact of Pension Crisis and Enable Pension Reform
Doomed Nortel Pensioners? Outside-the-box Pension Options and Path to Pension Reform (Originally posted July 15, 2009 and retargeted to new platform March 2012) In a nutshell The pension system failed Nortel pensioners; it is now time to let pensioners control their own destiny. We are where we are and we need to generate the best […]
Jonathan Clements- Main Street Money- 21 Simple truths that Help Real People Make Real Money In a nutshell This is vintage Clements writing. It’s about principles and concepts, but has enough detail to move “do it yourselfers” to action. He covers the obvious, the not so obvious and the counterintuitive with equal clarity. Clements intends […]
(Originally posted June 13, 2009)
Too little, too late- A 50% interim CV payment would be more appropriate than the proposed 69%! You may have missed the story not mentioned in the title of Bert Hill’s Ottawa Citizen article “Court names Toronto law firm to represent Nortel pensioners” unless you actually read the article itself, is Nortel’s request for permission […]
MacKenzie and Hawkins’s “New Rules of Retirement- What your financial advisor isn’t telling you” Just finished reading this new book by MacKenzie and Hawkins; it is a quick read that covers a good breadth of retirement finance. The book consists of “38 Rules”. Rule 1 is to “Throw away old retirement myths” such as: retirement […]
RetirementAction.com 