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Carrick on money: Why people born since 1960 can’t afford to retire

Working in retirement.

Andreas Karelias/Photos.com

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

Why people born since 1960 can't afford to retire
A UK report with implications for other countries says people born since 1960 will face challenges saving enough for retirement as a result of factors like wage stagnation. Thus inheritances will become increasingly important.

The 10 worst economic predictions ever
Remember Dow 36,000? It's on this list. The Dow was around 16,000 late in 2013.

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Should you start a bidding war for your home?
A real estate agent looks at the pitfalls of pricing a home for sale at a below-market price in order to generate a bidding war.

Trying to decide where to rent?
Attention, Toronto residents who can't afford to buy. These maps track how much rents have risen or fallen in the past year in various neighbourhoods.

More money
Join the 34,000+ people who subscribe to 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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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998. Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More

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