I’m currently a stay at home Mom and do not have a retirement plan in place. I’m 30 and looking for a reasonably priced plan for the future. Any suggestions? If you’re pretty sure that you won’t need the money before age 59 1/2 or later, you can put it in an annuity. Annuities were…

Read More

Most Canadian women are disinterested and unprepared when it comes to planning their financial futures, according to a recent survey by TD Waterhouse. If that’s true, how would you suggest encouraging women to become more ‘invested’ in their personal finances? Read more: “Many Canadian women avoid financial planning: study” http://ca.news.yahoo.com/s/reuters/071126/canada/canada_investing_col I am an economist, a…

Read More

According to a report by the Society of Actuaries, the average life expectancy at age 65 is 17 years for men and 20 years for women.  Of even greater consequence is that women are more likely than men to be widowed, divorced or never married.  For example: between the ages of 75 and 84, 65…

Read More