Six Money Blunders to Avoid

Watch for costly money mistakes. Every dollar you avoid throwing away brings you a step closer to your financial goals.

Steps To Take To Control Your Finances

How Compound Interest Can Make Money Grow On Trees

Top 4 Tips To Buy Stock Below Market Price

A Few Money-Saving Ideas to Live by in 2012

Factors That Affect and Predict Stock Prices

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Photo by: Ron Dickinson

Retiring too early
Attractive as it may seem, early retirement may mean leaving too much money on the table. First, you give up income you would have earned during what might be the best-paid years of your career. Retiring early can also result in sharply reduced pensions, including CPP, as well as lost benefits. Since OHIP and other provincial plans don't cover many health costs, you'll have to search out
... more
Photo by: Ron Dickinson
Retiring too early
Attractive as it may seem, early retirement may mean leaving too much money on the table. First, you give up income you would have earned during what might be the best-paid years of your career. Retiring early can also result in sharply reduced pensions, including CPP, as well as lost benefits. Since OHIP and other provincial plans don't cover many health costs, you'll have to search out individual health insurance at an age when costs are much higher.

* If you're in good health and have a choice about when to retire, consider waiting until you're a bit closer to full retirement age.
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Wed, 31 Oct, 2012 8:54 PM EDT

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