With Altitude and Preparation, You Can Avoid A Financial Disaster

In 2008, an Air Canada Airbus 330 flying from Toronto to Lisbon lost power over the Atlantic due to a fuel leak. Fortunately, Captain Robert Piché and First Officer Dirk DeJager were both very experienced flyers with thousands of hours in the air. When the incident happened, they had two things on their side—altitude and preparation. After both engines flamed...

How One Man Invests In His Inner Gladiator By Hiring A Personal Trainer

In an ideal world, a man my age would be enjoying the benefits of having steadily invested in my health and my wealth from an early age. The retirement brochures say we must start early, invest often, and stay invested. The same goes for our health. Unfortunately for me, I had been treating myself in the opposite way I...

Defence Strategies For Older Adults Targeted By Financial Scammers

You’d think that Steven Spielberg, the highest-grossing director of all time, would be immune to fraud. But you’d be wrong. The developer of Jaws, Jurassic Park, E.T.and many other films has wealth and status that provide him access to top financial professionals. But in 2008 that list included Bernie Madoff, a Ponzi-scheme operator who walked away with undisclosed amounts...

Divorce After 50: Finances and Fresh Starts

Jane Fonda
Jane Fonda has been a groundbreaker all her life. The two-time Oscar winner’s latest television series Grace and Frankie, which premieres its fifth season in early 2019, is no different, tackling late-life divorce, a subject she knows well.  Things have changed since Fonda split up from her first husband, Roger Vadim, in the 1970s when she was in her late...

Financial Health Opens the Door to Healthy Aging

Boomers are a generation of rule breakers, but there’s one front where Canadian Boomers toe the line: financial health. Yes, Boomers have a well-earned reputation for consumer spending, but Canadians are by nature a little cautious: We’re not thought of as big risk takers and high fliers. This prudent approach to life, combined with an investment industry that tends to...