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Carrick on money: I need to save how much for retirement?

Bank vault door.


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

How much do I need to save?

This Economist blog post looks at a measure of how much money you need to save for retirement and, in doing so, makes an argument for annuities. Here's a Let's Talk Investing video I did on the topic of annuities.

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Hungry for financial help

This infographic suggests employees would welcome financial educational programs from their employers. The implication here is that helping people take control of their money would reduce stress levels and make them more productive.

The answer to high house prices

Joel Allen, a B.C. computer technician, has built himself an egg-shaped tree house in a forest near Whistler. It's called the HemLoft and it was built using items obtained on Craigslist.

No wonder people aren't using them

The Canada Learning Bond and the Canada Education Savings Grants are government programs to help low-income parents save for their kids' post-secondary education. Why aren't they as well used as they could be? Read this blog post where a social policy expert shadows some parents trying to apply.

More money

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Join the 19,000+ 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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