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Carrick on money: Chill out, retirement pessimists

Retired senior.

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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.

Chill out, retirement pessimists
Some perspective can be found here on the debate about how badly prepared Canadians are for retirement. The poverty rate among seniors has fallen drastically since the late 1970s, although it has moved up a little recently.

Goodbye Apple, Hello Microsoft
Microsoft is poised to break Apple's four-year record as the most influential stock in the S&P 500 index. Influence is measured in terms of adding the most points to the index.

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A look at how Apple has performed as a company in the two years since Steve Jobs died.

Where's the respect for advisers?
An investment adviser discusses a survey finding that suggests people put little value in the work that people in his field are doing.

$10,000 for everyone
What do you think about the idea of giving people a $10,000 guaranteed minimum income and doing away with employment insurance, housing assistance and other social programs? It says here that Switzerland is having a referendum on a proposal like this.

Canada's Best Brokers
See who takes top spot in the 15th annual Globe and Mail online brokerage survey.

More money
Join the 33,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

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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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