investments Archives - DR News - News, Retirement, Finance

Retirement Planning Expert Advises Widow on Securing Financial Future with Strategic Investments

Toronto, CANADA – After the sudden passing of her husband, Marjorie found herself faced with the daunting task of managing her finances. With her husband being the one responsible for handling their investments, Marjorie expressed feeling overwhelmed and fearful about how to navigate the portfolio he left behind. Concerned about ensuring her financial security, Marjorie sought guidance on strategies for managing her savings, making withdrawals, and understanding the tax implications. With her pension, Canada Pension …

Don’t Let Bad Timing and Inflation Derail Your Retirement

Have you heard about the sequence of returns risk? A sequence of returns risk shows how your retirement can be better or worse, depending on how the market is performing when you retire. Some people are fortunate enough to retire when the markets are good, and their investments enjoy substantial growth in those early years, which helps them better withstand losses later in their retirement. Other people have the terrible luck of retiring in a …

10 Ways to Eradicate Your Wealth and Ruin Your Retirement in Five Years

One of the greatest fears for many people is suddenly being stripped of their wealth through mismanagement or bad investments. Unfortunately, this fear can become a reality in a matter of years if you don’t take steps to protect your finances. Let’s explore ten ways that can lead to the loss of your wealth within five years and suggest how to be smart with your money and avoid such financial circumstances. Not Sticking to Your …

March Madness: Fed Forecast for the Week a Risky Bet, Says Pensions & Investments

New York, NY – As the Federal Reserve gears up for its March meeting, expectations are high for the central bank to hold off on any drastic policy changes. With inflation still a concern and uncertainty surrounding the ongoing pandemic, many analysts believe the Fed will opt for a cautious approach. Despite recent signs of economic recovery and a strong labor market, Fed officials have been vocal about the need for patience and flexibility in …

Retire Later and Live Larger: The Hidden Perks of Working Just a Few More Years

Many individuals eagerly anticipate retirement, with some even marking off the days as they approach it. While there are compelling reasons to retire early, such as enjoying good health and having the freedom to travel or spend time with family, there’s also a persuasive argument for holding off on retirement for a bit longer. This is particularly true for those uncertain about their retirement savings, a concern countless Americans share. Here are some compelling reasons …

Unlock the Secrets to Retiring Early with These Healthy Habits

Financial freedom is the aspiration of many, defined as having enough savings, investments, and liquid assets to support the lifestyle of your choice. It also means having a substantial nest egg, allowing you to retire or choose any career without the pressure of a specific income. However, many fall short due to overspending, debt, or unforeseen financial emergencies. Here are 12 habits to guide you toward this goal: # 1 Set Life Goals: Define what …

Pension Funds Urged to Boost Canadian Investments to Support TSX Future

Toronto, Canada – A veteran wealth management executive in Canada is urging the country’s largest pension plans to increase their domestic investments to protect institutions like the Toronto Stock Exchange. Peter Letko of Letko Brosseau highlighted the impact of low investment levels from Canadian pension funds on the nation’s economic and financial health in a recent interview. Letko emphasized the importance of controlling and directing capital to benefit Canadians as a whole to prevent the …

Avoiding Pitfalls: A Comprehensive Guide to Dodging 5 Common Retirement Mistakes

Retirement is a stage of life that many look forward to, imagining days filled with leisure and freedom from work-related stress. However, achieving a financially secure retirement requires meticulous planning and wise decision-making. Despite the wealth of information available, many individuals still fall prey to the same retirement planning mistakes. Below are the five common errors and offer strategic solutions for removing them. #1 The Procrastination Problem: Time Is of the Essence The Mistake: Many …

Executives Push for Increased Canadian Pension Plan Investments in Domestic Businesses, Facing Opposition from Pension Fund Managers

Toronto, Canada – Over 90 prominent business leaders and CEOs from Canada’s largest companies have joined forces to advocate for increased Canadian pension plan investments in domestic businesses. This initiative has sparked controversy among some of the country’s leading pension fund managers. In an open letter addressed to federal Finance Minister Chrystia Freeland and provincial counterparts, these executives, hailing from various industries such as auto parts, oil and gas, airlines, banking, and grocery retail, are …

Investments in Affordable Housing Skyrocket as CVS Addresses Social Determinants of Health

Honolulu, Hawaii – CVS Health, a major provider of medical care through its drugstores and clinics, announces a significant increase in investments in housing to address social determinants of health. In an effort to reduce costs and improve outcomes beyond traditional medical treatments, CVS has identified housing as a key factor. The company, which also owns Aetna, the nation’s third-largest health insurance company, sees paying for housing as a means to enhance health outcomes and …