Most investors would like to live off their dividends. Is the goal achievable or is the plan bound to fail if a few of the companies cut their dividend? My Own Advisor offered a pertinent post: Dividend Earner – why I’m living off dividends and distributions.
Keeping family members abreast of the financial situation and ensuring that they will be able to handle affairs if one were to pass away is vital to a smooth transition at the time of grief. The Blunt Bean Counter wrote about the subject at Believe it or Not – We Are Not Immortal.
Balancing investment income with CPP payments to ensure that one has enough to live on is likely to be a plan most of us will have to make. In addition, we may have to decide when to take the CPP. Boomer & Echo provided assistance in that regard by explaining When To Take CPP: Early, Late or Somewhere In-Between.
Home insurance is an essential component of a homeowner’s budget but how many of us are aware of the fine print that insurance companies impose? Canadian Personal Finance Blog shared a personal story Home Insurance: Three Strikes and You Are Out to demonstrate the fate of the insured.
Creating habits is easier when one is younger but it is almost never too late to begin. Small steps with slow increments can result in big changes over time. The Canadian Finance Blog wrote about How to Develop Better Money Habits to assist readers.
Are dividend growth stocks better than capital growth ones? Are dividends paid by companies unconnected to its stock price? Find out at Michael James on Money as he provided pertinent information through How Dividends Affect Stock Prices.
Is saving 10% of your income likely to result in a good retirement? David Chilton’s book ‘The Wealthy Barber’ proposed the percentage in 1989; is it still valid? Sustainable Personal Finance offered a take on the subject by posing the question: Can You Retire Comfortably Only Saving 10% Of Your Salary.
If you like to travel cheap and get a lot of value from the experience, then Young and Thrifty had a relevant post on how to travel the Oregon Coast on the Cheap.
Getting rich early in life is not a plan most people have although they would like to through a windfall from somewhere. Mr. Money Mustache illustrated that If You’re Not Getting Rich in your 20s, You’re Doing it Wrong.
A lot of attention and planning is diverted to saving enough money to have a comfortable retirement. If successful at sustaining a safe withdrawal rate, one still needs to maintain good health to enjoy the hard-earned and saved money. The Retire Happy blog sent a reminder to readers: Your Health in Retirement: Asking for Help.If you would like to read more articles like this, you can sign up for my free newsletter service below (we will not spam you).