Financial Library

Building Wealth in Your 50s and Beyond

If you're in your 50s, and thinking about your financial future makes you anxious, you're not alone. 70% of Canadians are worried they won't have enough money to retire1. While you can't go back in time to save more or spend less, it's not too late to get started. Even if you've been saving diligently, your 50s are a good time to assess where things are at. Financial choices you make today could have a big impact on where you are ten years from now.

Here are some helpful tips for you to consider:

Happy New Year!

After another tough year, we go into 2022 with more optimism than this time last year. We took some much-needed vacation time over the Holidays and are now back into the swing of things. The first three months of the year are the busiest ones for us so it will be full steam ahead now!

I have started to compile data about how things officially played out in 2021 but will need a bit more time to put that together. We look forward to sharing some numbers with you on next month’s newsletter.

Until then, have a great start to the year!

Bryce A. Borden


Happy Holidays!

After another tough year we are trying our best to stay positive going into the Christmas break. While it hasn't been an easy time, for the most part, things have got better. Businesses have opened back up and job growth has been strong. Just before writing this, we got word that Canada added 153,700 jobs in November1. This absolutely shattered the expectations of 37,500 new jobs.

Closing out the Year

After a tough third quarter, we had a massive rebound on the Toronto Stock Exchange in October. We hit fresh record highs and continued to hit more and more as the month went on1. By the end of the month, we'd got to a level of 21,300. Energy prices have gone up a lot this year and large parts of our country are seeing very few cases of COVID-19. There definitely seemed to be a lot of optimism in the air going into the fourth quarter so we are all hoping that will carrying on right into the Christmas break.

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