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Carrick on money: Families are choking on their houses and cars

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

Families are choking on their houses and cars
A U.S.-focused look at how big a slice of family budgets goes to cars and houses. The numbers have to be worse in Canada, where the housing market has been far stronger in the past few years.

There will be napping
A blogger who intends to retire by age 40 explains how he will spend his time once he leaves the workforce.

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The down side of a long life
This article on the financial risk posed by living longer than expected is a bit academic, but still well worth a read. Basically, it argues that all other risks to your retirement savings flow from longevity risk. The longer you're alive, the more trouble you can get into.

Delusions of saving
A tough-minded look at the many definitions of saving money.

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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