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Carrick on money: The first person to live to 150 is alive today

Birthday-anniversary No. 150

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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.

The first person to live to 150 is alive today

That's the message in a recent ad campaign from a U.S. investment firm that figures in this blog post on how longer lifespans impact the amount you need to save for retirement.

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What's ahead for mortgage rates

The RateSupermarket.ca mortgage rate panel sees higher rates coming for fixed rate mortgages. The reason is the recently announced change to lender mortgage guarantees through Canada Mortgage and Housing Corp.

The restaurant that banned tipping

Does tipping encourage good service? Maybe not. According to one restaurant owner, service improved and profits rose after he eliminated tipping and instead added a straight 18-per-cent service charge to all bills.

Seeing past the stock market froth

A retired investment manager uses the analogy of a bathtub to explain how the economy works, and what's ahead for the stock markets (he's a long-term optimist).

More money

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Join the over 30,000 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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