May 20: Best from the blogosphere
May 20, 2013
By Sheryl Smolkin
This week we bring you blogs that focus on some things you need to know if you are getting ready for retirement.
On Retirehappy.ca Jim Yih asks whether or not we need a debt course and exam before we take on more debt.
Riscario Insider discusses why you should have a financial Plan “B” and not purchase all of your wealth management services (i.e. banking, financial planning, investments and insurance) from one place.
Rob Engen explains on boomer & echo why David Chilton’s rule of thumb that you should save 10% of your income for retirement may no longer be enough.
In contrast, on Canadian Dream: Free at 45 Dave says that he is a constant saver, and when he retires he’ll have to figure out how to start spending more of his income.
And those of you who wonder whether you need life insurance in retirement should check out this post on FreefromBroke.
Do you follow blogs with terrific ideas for saving money that haven’t been mentioned in our weekly “Best from the blogosphere?” Send us an email with the information to firstname.lastname@example.org and your name will be entered in a quarterly draw for a gift card.Best of, Boomer & Echo, Canadian Dream: Free at 45 Dave, David Chilton, FreefromBroke, Jim Yih, Retirehappy.ca, Riscario Insider, Rob Engen, Sheryl Smolkin