Darren, a 48-year-old divorced father who has no company pension plan and only $200,000 in retirement savings is concerned that he may not have enough to fund his retirement. Two advisors recommend strategies for Darren to meet his goals
FINANCIAL CHECKUP Each month, an in-depth examination of a financial planning case. A 58-year-old couple who have received an unexpected inheritance wonder if the wife needs to work part-time in order to meet their goals. Advisors say it would be beneficial, if both spouses want to have long-term care insurance policies in place
Can the 50-year-old office manager and animal lover afford to take a position at a veterinary clinic for less money and fewer benefits, yet still reach her retirement goals? Yes, say two advisors, but she must stick to her budget
A childless couple in their late 80s want to donate much of their considerable wealth to charity and still have enough for their own needs. By using a donor-advised fund, they can avoid capital gains and ensure their gift continues in perpetuity
Following a nasty divorce, a 65-year-old book editor hopes to reduce his work hours while helping to support his teenage son and, eventually, fund his post-secondary education. Two advisors explore insurance, investment and other options
Bob and Melanie, both 55 years old, are a married couple who are pondering retirement however, the timing of their retirement could result in either a very tight living situation or having significant assets for the remainder of their lives
Jennifer, a 60-year-old woman in Toronto, needs help in determining whether to blend her financial future with that of her new boyfriend. Two financial advisors recommend taking steps to ensure she makes the right decisions
Faced with a job opportunity in Houston, Tom and his wife, Sarah, should examine the implications that a move to the U.S. would have in the short, middle, and long term, as they plan to return to Canada upon retirement
A 55-year-old management consultant who is single and spends much of her time travelling for work is aiming to save enough money over the next five years to last her for 35 years of retirement
A couple, both of whom are 50 years old, want to take off the next two years to travel and catch up on their hobbies. Two advisors examine whether this plan is achievable and whether their retirement savings will remain intact