12+ hour, 49+ min ago   (492+ words) In the most basic banking model, deposits fund loans, like mortgages. A mortgage REIT uses leverage to buy mortgages. The difference between a bank and an mREIT highlights the importance of checking and bank accounts. A checking account makes life…...

22+ hour, 4+ min ago   (678+ words) Social Security's annual cost-of-living adjustment is determined by inflation data from July, August, and September. Retirees just received the second critical data point for the COLA. Although inflation remains stubbornly high, Social Security retirees can take some solace in knowing…...

1+ day ago   (396+ words) Medicare open enrollment starts on Oct. 15 and continues through Dec. 7. It's an opportunity for current enrollees to make coverage changes. Even if you're happy with you Medicare plan, it pays to see what options you have. By mid-October, a lot…...

1+ day, 13+ hour ago   (706+ words) The 4% rule makes retirement look wonderfully tidy. Withdraw 4% of a portfolio during the first year, increase that amount with inflation, and spend the next three decades behaving as though markets have agreed to cooperate. Unfortunately, the market didn’t sign anything....

1+ day, 15+ hour ago   (751+ words) A retiree can live comfortably without feeling remotely wealthy, yet the tax system may look at the same income and politely disagree. That’s because Old Age Security (OAS) doesn’t care whether the roof needs replacing, the grocery bill has doubled,…...

1+ day, 15+ hour ago   (660+ words) By Brian Paradza, CFA at The Motley Fool Canada Other bank stocks will pay between 2.5% and 2.8% in dividend yields today. If you wish to add a bank stock to your dividend portfolio, Scotiabank stock stands as a better-yielding passive income…...

2+ day, 4+ hour ago   (366+ words) On Oct. 14, the Social Security Administration is scheduled to announce an official 2027 COLA. Currently estimates put next year's COLA in the mid-3% range. If inflation wiggles a lot in September, that number could change. Millions of retired Americans today collect Social…...

1+ day, 18+ hour ago   (661+ words) Million-dollar Tax-Free Savings Accounts (TFSA) make investing sound far more glamorous than it usually is. Find one extraordinary growth stock, hold it for decades, and eventually acquire a tasteful collection of yachts. That could happen. A more repeatable path begins…...

2+ day, 23+ hour ago   (639+ words) Make sure you have a well-thought-out budget. Figure out when you'll claim Social Security. Stress-test your income plan to ensure it holds up. If you're retiring at any point in 2027, now's the time to get serious about your financial plans....

3+ day, 7+ hour ago   (976+ words) The Peace Tower is seen on Parliament Hill in Ottawa, in August.PATRICK DOYLE/The Canadian Press Re “A more dangerous world requires smarter retirement spending“ (Report on Business, Sept. 5): It is remarkable how many of our seemingly unrelated, serious…...