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The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Beware the retirement splurge
Research shows some people are spending more in retirement, not less. One of the great debates over retirement is what percentage of your working income you'll need when you retire. It says here the general rule is 80 per cent, but some experts say 50 per cent. Apparently 100 per cent or more is required for some people.
Ultra-rich people who live below their means
Paul McCartney, Jennifer Lawrence and more.
The young guy's take on personal finance
This video series for millenials is fun and smart. Young people telling other young people how to manage money.
This is how much to spend on a car
Introducing the 20/4/10 rule. Good advice that not many people are taking, if you judge by the high percentage of car loans with terms above five years. Under this rule, you finance for no more than four years.
More money
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Rob Carrick