Caring for aging parents and saving for children's education … For many Canadians, there's little left over for RRSPs

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REPORT ON RRSPs: FAMILY NEEDS AND RETIREMENT PLANNING
Squeezed in a generational sandwich
MARJO JOHNE
Special to The Globe and Mail, January 30, 2008

Each month, after covering her share of the household bills and mortgage payment, Lucy Ye takes the bulk of the money left in her bank account and uses it to cover two additional obligations: a registered education savings plan for her eight-year-old-son and a $1,000-a-month commitment to help pay her parents’ mortgage and other living expenses.

“I know ...

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There's a sign around my neck saying 'Senior'

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Being offered a seat on the bus is a perk that comes with age. It’s also a pain.
ALICE LUKACS, Freelance, Published: Monday, June 04, 2007, © The Gazette (Montreal) 2007

Years ago, my diplomatic boss addressed a co-worker at a meeting as “the young lady.” I was smiling to myself, as this woman must have been close to, or over, 50 – quite “old” to my thirtysomething mind. Some “young lady”!

Forty-odd years later, I thought of this incident when, as ...

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Sandwich Generation Caring for Elders: Practical Supports Through Life’s Transitions

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I thought this article by Linda Stuart in Women’s Health Matters published by Women’s College Hospital may be of interest to visitors to my site.

You’re not alone, there are resources to help — and it’s vital to take care of yourself, too. These were some of the words of wisdom offered to caregivers looking after older family members, during a session on eldercare at the 2007 Women’s Health Matters Forum & Expo in Toronto.

‘Many of us find ...

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