Millennials heading into middle age are like baby boomers who never got a chance to boom

By Noah Smith Read More

from Personal Finance – Financial Post https://business.financialpost.com/personal-finance/young-money/millennials-heading-into-middle-age-are-like-baby-boomers-who-never-got-a-chance-to-boom
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Disorder in the court: When one spouse ignores rulings, the other often pays the price

Family courts seem to have an abundance of litigants who view court orders as “suggestions” only. Read More

from Personal Finance – Financial Post https://business.financialpost.com/personal-finance/disorder-in-the-court-when-one-spouse-ignores-rulings-the-other-often-pays-the-price
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Millennials are facing all the risk and none of the reward in today’s financial realities

The milestones individuals experience throughout their lives come in many forms. Looking back to previous generations, milestones for all individuals were similar, regardless of personal situation: obtain employment, purchase a home, raise a family and retire. Read More

from Personal Finance – Financial Post https://business.financialpost.com/personal-finance/millennials-are-facing-all-the-risk-and-none-of-the-reward-in-todays-financial-realities
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How the Lego billionaires lost $150 million in a single day

The billionaires behind toymaker Lego A/S suffered a stinging loss in a single day after one of their key investments backfired. Read More

from Personal Finance – Financial Post https://business.financialpost.com/personal-finance/high-net-worth/how-the-lego-billionaires-lost-150-million-in-a-single-day
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Hiring your spouse isn’t the easy income splitting tax dodge some people assume

With the top marginal personal tax rate exceeding 50 per cent in more than half the provinces in Canada, it’s no surprise that some taxpayers are looking at ways to income split with a spouse or common-law partner. In a province like Ontario, where the top marginal tax rate is 53.5 per cent and the bottom rate is 20 per cent, that’s a spread of over 33 per cent. Read More

from Personal Finance – Financial Post https://business.financialpost.com/personal-finance/taxes/hiring-your-spouse-isnt-the-easy-income-splitting-tax-dodge-some-people-assume
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This couple wants a rock-solid $80,000 income in retirement. They can have that — and more

Situation: Couple with adequate income and growing assets wants to ensure long-term security Read More

from Personal Finance – Financial Post https://business.financialpost.com/personal-finance/family-finance/this-couple-wants-a-rock-solid-80000-income-in-retirement-they-can-have-that-and-more
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Contractors buying from Home Depot, other retailers beware — the CRA is coming after you

The Home Depot Canada’s commercial customers are the latest target of the Canada Revenue Agency’s (CRA) continuing priority audit of the underground economy in general and home improvement contractors in particular. Read More

from Personal Finance – Financial Post https://business.financialpost.com/legal-post/contractors-buying-from-home-depot-other-retailers-beware-the-cra-is-coming-after-you
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Fired McDonald’s CEO gets to keep $37 million of stock awards plus hundreds of thousands in severance

Former McDonald’s Corp. Chief Executive Officer Stephen Easterbrook, who was fired for having a relationship with an employee, was allowed to keep stock awards worth more than $37 million as well as $675,000 severance and health insurance benefits. Read More

from Personal Finance – Financial Post https://business.financialpost.com/personal-finance/high-net-worth/fired-mcdonalds-ceo-gets-to-keep-37-million-of-stock-awards-plus-hundreds-of-thousands-in-severance
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Meticulous couple who sock away almost half monthly income have one flaw in retirement planning

Situation: Couple wants to know whether they can retire at 60, despite having three teenaged children Read More

from Personal Finance – Financial Post https://business.financialpost.com/personal-finance/family-finance/meticulous-couple-who-sock-away-almost-half-monthly-income-have-one-flaw-in-retirement-planning
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