Joel Schlesinger

  • Seeking the perfect mix

    Vincent and Alexandra have been retired a few years already -- and they're savouring every moment of it. They have travelled extensively, and they plan to carry on globe-trotting for another 10 to 15 years until around age 75.
  • Can couple afford summers lakeside and winter in the U.S.?

    Raul and Silvia are a high-income couple with equally high expectations for retirement. The couple, in their late 50s, earn a combined income of $210,000 before taxes. And their retirement plans?
  • Railway worker emotionally ready to ride off into sunset, but are his finances?

    If Mickey doesn't work another day at his job, that would be downright peachy. "If the option is there on the table, it's something I'm going to think about very hard in the coming days," says the railway worker in his late 50s.
  • Trillions of dollars need to be invested in infrastructure globally

    Bridges, roads, railroads, airports, utilities that power our homes. We couldn't get by without such critical infrastructure. It's no secret Canada's infrastructure is in dire need of investment. That concern was one of the major drivers behind the Liberal victory: the party pledged to spend $30 billion on infrastructure during the next four years. But that's a small drop in the bucket. The total infrastructure deficit -- bridges in need of repairs and utility networks that need upgrading -- is estimated at about $123 billion in Canada.
  • Seeking their financial independence day

    Burt and Lonnie, who have three kids, have been doing a financial balancing act for years. But walking the tightrope is tiresome and the couple in their early 50s are eager to retire at 55.
  • TFSA turmoil

    The Liberals were elected, and the $10,000 annual contribution limit for your tax-free savings account is presumably gone. Their platform called for rolling back the yearly amount Canadians could contribute to this tax-sheltered account to its original $5,500 ceiling after the Conservative government had almost doubled it a few months before calling an election.
  • Enough with working already!

    Don and Ida have slipped gradually into retirement. Both are collecting defined benefit pensions, yet they've continued to work -- much to Ida's chagrin. "My husband and I cannot agree on when I can retire and it is starting to affect our relationship," says Ida, in her early 50s, working in health care.
  • The pension plan

    Retiring in their mid-50s should be a breeze. At least that's what Justin often hears from his co-workers. "I work for a Crown corporation, and we often talk about retirement, and most say, 'Don't worry: our pension is in good shape, and it pays good money,' " says Justin, in his early 50s, earning more than $120,000 annually.
  • Golden years for everyone

    Rich and Yvonne don't want to enjoy retirement alone. They want their children and grandchildren to partake in the fun too. More precisely the couple in their 50s want to spread around the bounty from decades of saving and shrewd investing. The challenge is: how much?
  • Here's an overview of the pocketbook-minded promises made in the campaign

    Promises, promises: there are so many made during an election it's tough to keep up. In particular, political parties have set their platform sights squarely on our pocketbooks.
  • Retirement for one

    When Margaret's daughter graduates from university in two years, she plans to graduate herself -- from work into retirement. "I have plans to retire at age 55," says Margaret, a civil servant who is in her early 50s. "I have a fairly decent pension, and I have been contributing to an RRSP since I was 25, which is approximately $120,000." Yet Margaret also has a mortgage of about $120,000 on a home worth more than $400,000 that will not be paid off by the time she retires.
  • Money Makeover: Rental property poses problems

    Brock  and Katy have got along well raising their children on one income. Of course, it doesn’t hurt when the breadwinner earns a six-figure income.

    But now that they’re in their early 60s, they’re trying to figure out if their savings and pension income will be enough to fund a comfortable retirement.

  • Keeping it real?

    Shelby and Derrick have had a lot of good times with their investments. That's because most of their retirement finances are riding on their home, a cottage and a U.S. property. "It's great that we have all these investments that we actually use rather than looking at a bank balance every month, but how do we get out of it?" says Derrick, who is in his mid-60s.
  • Plastic 101

    Even buying a cup of coffee feels like a luxury for Jazmin Alfaro these days. Although the University of Winnipeg master's degree student counts her blessings she has not had to take out more student loans this year thanks to a scholarship and part-time work, the 27-year-old finds she is still borrowing money to get by. Only now she is using credit cards.
  • Money Makeover: Shortcut to retirement

    A recent health scare has put Matt and Patty on the fast track to retirement. "We're thinking we'd like to retire sooner than later because life can be short, so why work more than you have to?" said Matt, who along with his wife, is in his early 40s.
  • Cracking the nest egg

    Unexpected and early retirement -- courtesy of corporate 'right-sizing' -- can often throw people off course, but not Tom and Harriet. Tom lost his job a couple of years ago, about 10 years before he planned to retire.
  • Struggling to save

    Nora and Victor feel like they've been stuck in reverse, financially. In their mid-40s, with three children, the couple earns more than $94,000 a year.  
  • Bunny money

    Robert R. Brown will tell you he was one of those people: the guy at the party who always would say: "I should write a book someday." "I did that for 25 years, and finally my wife said 'You should stop talking about it and finally do it.' "
  • Barbara wants to retire early, but will that mean outliving her savings?

    Barbara wants to retire as soon as possible. But realistically, the civil servant in her early 50s understands that likely means working for at least a few more years. "I have some investments, and I'm wondering if they're set up to help me reach my goal of retiring at 55," says Barbara, who will not be eligible for a full pension from her work until age 57.
  • Small business, big dreams

    Paul and Alicia have struggled through a couple of tough years as his fledgling business has tried to find its footing. "In my third year, I am just now really turning a profit," says Paul, a tradesman in his early 30s.
  • Giving till it hurts, can this mother afford to buy homes for her kids?

    Sandy wants to retire soon, but she has a few goals to cross off her to-do list first. For one, the 56-year-old administrative professional wants her work pension -- currently worth $320,000 -- to grow to at least $400,000. She's doesn't know how long that will take.
  • Thrifty, and loving it

    Alex and Emma would rather have more time than money. The couple in their early 30s live in a small condominium. They don't own a car. They also buy used when they can and generally try to spend as little as possible. It's been a successful formula for saving money so far -- especially since Emma started working full time this year, earning about $40,000 annually.
  • Arrested retirement

    Darya would love to retire. And by all accounts, at age 66 the single grandmother should be enjoying her golden years.
  • It's easy being green

    Preston Manning may be onto something. The founder of the Reform party, the Conservative party's forerunner, was once a vocal opponent of measures to curb climate change. Now he's a tree hugger -- it seems -- speaking publicly about how conservative political values align with environmental conservation.
  • A comfy cushion

    Monty and Sadie have got along well on one income for years. Monty works in management and earns about $120,000 a year, while Sadie raised the children and pursued volunteer endeavours. Yet the couple in their mid-50s are increasingly concerned they may not have enough to maintain their lifestyle once Monty retires.


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