Posts by Sandi Martin
Five Year GIC Ladder vs. One-Year Rolling Term: Smackdown
If you have long-term money in GICs, this post is for you. I know, rates are abysmal, and I’m not here to talk you into investing in mutual funds, or ETFs, or to buy bonds directly. If you’re comfortable with GICs, and you can meet your income or capital-preservation goals with them, then keep on…
Read MoreWhatever You Do, Don’t Retire Alone (And Other Helpful Advice)
Let me introduce you to my three imaginary friends: Rory, Amy, and Rose. Earning only $35,000 a year at most, each has managed to sock away 5% of that income every year, and by age 67 have each accumulated $210,000 in savings. At retirement, all three will have the same income: $6,624 in Old Age…
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