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An elderly woman grieves.Anne de Haas/Getty Images/iStockphoto

Most of what I read about retirement in my job divides neatly into two categories: 1) retirement is great and 2) retirement can be miserable if you don't watch out. To show you what I mean, look at two articles I came across earlier this week.

The first is about loneliness, described as a silent killer of retirees. It's twice as harmful to your health as obesity, the article says. The second is one woman's upbeat list of 10 things she likes about getting older. Among other things, she finds herself less anxious, judgy and self-critical.

Pay close attention to that list of 10 good things. It says here that people who have a positive attitude toward aging tend to live longer than those who view it negatively.

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Today's featured financial tool
If you own mutual funds, try this fund fee calculator to see the dollar amount of the fees you're paying. Starting this summer, new investment industry rules will require this information to be displayed on client statements.

Ask Rob

The question: "Due to the current volatility in the market, I am sitting on lot of cash and waiting for a buying opportunity. [My broker] doesn't pay any interest on the cash in the account. Is there another source where I can earn something better than nothing?"

My reply: What you want is an investment savings account, which is a high-interest savings account that trades like a mutual fund. Returns on most are 0.75 per cent, but I see that Home Trust's product pays 1.05 per cent. The fund code is HOM100. This and other accounts are protected by Canada Deposit Insurance Corp.

Do you have a question for me? Send it my way. Questions and answers are edited for length.

Featured Video
How much money should a young couple be saving? Quite a lot, I'm told in this video with Leslie-Anne Scorgie, author of The Modern Couple's Money Guide.

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