This week, we’re taking a look at the very basic description of a Defined Benefit pension plan. These are sometimes referred to as DB plans, or DBPPs. The other main type of pension plan is known as a Defined Contribution pension plan. A newer type of pension plan is the “shared risk” model, also known […]
We’ve all been offered a payment vacation or holiday on a credit card or mortgage statement. But just like real holidays, they come at a cost.
Disability insurance can be one of the most important insurances to own. Your single biggest asset is your ability to earn an income for the rest of your life, especially when you are younger and haven’t had the time to build up your net worth.
In 2013, I was invited to give a TEDx talk at TEDxUTSC. My overall theme was that we need to start hating consumer debt again. I feel we’ve become much too comfortable with it in general. I start by looking at looking at income over a lifetime, expenses over a lifetime, and then how much […]