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A U.S. study finds retirement improves both happiness and health.

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

The secret to a happier life – just retire
A U.S. study finds retirement improves both happiness and health.

Actually, you are richer than you think
Find out how your household income compares on a global basis using this handy calculator. According to the background information here, 56 per cent of the world falls in the low-income category, and 15 per cent are poor.

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His credit card bill was surreal
A blogger reads the fine print on his credit card bill and finds that it would take him more than 22 years to pay the balance if he made minimum monthly payments. Don't worry – he's paying his bill in full.

What happened to the middle class?
This lively video looks at the struggles of the American middle class, but it speaks to Canadians as well. Expect to hear a lot about the middle class in the upcoming federal election. Are there the same opportunities to get ahead a there used to be – that's the key question here.

More money
Join the people who are part of my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

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