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Archive for July 2012

Financial Advisor For A Day: Can You Live On $1065 A Month?

By Robb Engen | July 2, 2012 | 35

Wayne Manderly recently separated from his wife after 30 years.  He lives on a very small CPP disability pension of $745 a month.  Part of the separation agreement means Wayne receives an additional $320 a month in support, bringing his monthly income to $1,065. After selling their mortgage-free home, Wayne moved in to a townhouse…

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