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Carrick on money: Are your peers out-saving you for retirement?

Retired couple worry about money

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The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Are your peers out-saving you for retirement?
More and more, we're realizing that some people don't respond to the usual admonishments to save more money for retirement. In that light, this little project from a U.S. mutual fund firm is quite interesting. On account statements, the firm is showing how other clients of a similar demographic are doing with their investments. Are you keeping up with the Joneses when it comes to investing?

Understanding your paycheque
The Financial Consumer Agency of Canada created this guide for young workers on how to understand the various deductions on their paycheque.

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They control what you eat
The 10 companies that make most of the packaged food we buy.

That's the way the cupcake crumbles
A cautionary story about investing in the shares of trendy companies. The shares of cupcake bakery Crumbs have been de-listed, and the company's 48 outlets have been closed.

More money
Join the 45,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters.

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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998. Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More

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