The culture at Canada Revenue Agency needs a complete overhaul

The culture at Canada Revenue Agency needs a complete overhaul

I love slapstick comedy. Why? Because growing old may be mandatory – but growing up is optional. It was author Carroll Bryant (among others) who made this observation. He also agreed that slapstick comedy is really funny – that is, unless you’re the one getting slapped with the stick. In that same vein, Canada’s Taxpayer … Read more

Can Ezra, 52, retire early without jeopardizing the lifestyle he and Daphne want in retirement?

Can Ezra, 52, retire early without jeopardizing the lifestyle he and Daphne want in retirement?

Daphne does occasional contract work, while Ezra earns $120,000 a year in his management job.Galit Rodan/The Globe and Mail Ezra was diagnosed with prostate cancer and underwent surgery recently. He is 52. As of now he’s in good health, Daphne, his wife, writes in an e-mail, but they can’t help but worry that the cancer … Read more

Can Jill, 60, afford to retire to Nova Scotia while keeping her suburban Toronto home?

Can Jill, 60, afford to retire to Nova Scotia while keeping her suburban Toronto home?

**FINANCIAL FACELIFT DO NOT IDENTIFY* Tijana Martin/ The Globe and MailTijana Martin/The Globe and Mail With her 60th birthday approaching, Jill wonders if she can “retire responsibly” soon or if she needs to work longer. Jill is single again, with three adult children, a salary of $81,000 a year, and a $1.2-million house in a … Read more

When should Peggy and Howard sell their rental property – and their own family home?

When should Peggy and Howard sell their rental property – and their own family home?

Justin Tang/The Globe and Mail When they first had a Financial Facelift, Peggy and Howard were just starting out, “first home, first kid, first professional jobs,” Peggy writes in an email. A quarter century has passed since then. They’ve moved from the Prairies to an Ontario bedroom community. Howard is now 62, Peggy is 60. … Read more

Keith and Beverly retired early to travel in an RV, but what should they do with their condo?

Keith and Beverly retired early to travel in an RV, but what should they do with their condo?

Keith and BeverlyDARREN CALABRESE/The Globe and Mail The loss of a loved one recently lent a sense of urgency to Keith and Beverly’s future plans; suddenly, life looked precious and brief. So, they abruptly quit their work and hit the road in their RV, planning to spend as much time as they want traversing North … Read more

Leo and Linda should reboot their retirement spending plan to buy a bigger townhouse

Leo and Linda should reboot their retirement spending plan to buy a bigger townhouse

**FINANCIAL FACELIFT DO NOT IDENTIFY** rb-gi-facelift-07XXX Tijana Martin/ The Globe and MailTijana Martin/The Globe and Mail In their early 50s, with well-paying executive jobs, Leo and Linda want to sell their two-bedroom Toronto townhouse and buy a larger one, which would mean taking on substantial new mortgage debt. They have no children “and are in … Read more

Consider new ideas coming from greater RRSP savings

Consider new ideas coming from greater RRSP savings

Over the years I’ve learned some hard life lessons. Most notably, Carolyn has told me that I have two major faults: I don’t listen, and then there was, I don’t know, some other thing she was rambling on about. Another important lesson I’ve learned is that the best time to save money is when you … Read more