Living alone is on the rise, not just in Canada but in other countries. Where’s the financial information for us?
The Budgette is a no-nonsense conversation about money for solo earners. We peer behind the curtains of personal finance and break it down for single people. We have to save more money for retirement, don’t get as many tax breaks as couples and can’t leave your survivor’s pension to anyone who isn’t your spouse or partner? That means even if you and your sibling have one household, your sibling isn’t entitled to your survivor’s pension from CPP, OAS or your employer pensions.
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