Today is your day Boomer! Boomers, this week most of us get a pay raise! Yes, an Old Age Security raise of 2.8% for seniors aged 65 or older. It is a COLA raise (cost of living) and now we get them three times a year! The average senior's unreduced OAS is now $727/month and if you are over 75, you receive $800! By the way, we get another 1.3% by December. Why? A box of cereal now costs 7 bucks and a new car almost 50,000 dollars. Everything is going up in price, so we need more buying power! And....a recent poll informs us that 2/3 of Canadians agree: "A majority of Canadians (64 per cent) who were recently surveyed by Angus Reid said they would support the increase in OAS payments for those aged 65 to 74."(Global News) Meanwhile, most of us get CPP as well. It went up 4.8% this year and has seen raises every year since 2019. Boomers, someone is listening to us. Senior pensions cannot remain static in this inflationary world. Cheers!
Today is your day Boomer! My Dad left this world this week. I was there in-person to say goodbye and, of course, it was very, very difficult. But rather than focusing on the negatives of his downfall, I want to share with you my Dad's many contributions to my life. First off, Harold (Hal) shared his name with me and helped raise me as one of six kids in our family. Imagine the financial impact a family of eight had on his work life and mental state! Speaking of that, he taught me the importance of a strong work ethic and a good education. All his kids have university degrees or trades tickets. He showed me the supreme importance of family gatherings, how to flyfish...even when he was colour blind....how to use tools, play high-level bridge, eat organic foods, he taught me how to drive....even though I ruined the transmission on our old car....he showed me how to sail, save and invest money, have an appreciation for nature, he was a role model for me as I moved through heart/s
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