Retired couple in front of their house.
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
They sold their house for 52.5 times what they paid
A realtor's blog does something really cool – looking back at what it was like to buy a house in the 50s, 60s and 70s. Leading off is the story of a couple who bought a Toronto house for $30,500 in 1957 and sold it this fall for $1.6-million.
This post adds the 80s and 90s.
From ridiculous to sublime in Toronto housing
When a little box like this comes with a seven-figure price tag, you have to wonder about Toronto housing prices.
The New York Times looks at Toronto's real estate market through a gorgeous six-bedroom mansion in the city's Rosedale neighbourhood that is valued at $5.2-million.
Phased retirement is a boomer benefit with legs
U.S. federal civil servants will be able to work part-time before retiring, and other employers are likely to follow. Phased retirement lets you get out of the rat race of 40- or 50-hour work weeks, while still generating some income.
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