richard cleaver

Ellen Roseman, CBC and the New Math

Jun.13.2010

Ellen Roseman, a personal finance columnist for the Toronto Star, was on The National tonight. The special segment, which may be still be posted here, asked the question: “Why aren’t Canadians saving enough for retirement?” Well, one reason is because we do not know how much to save. Ellen tells us that we should look [...]

Financial Literacy in Canada

Apr.19.2010

The 2009 Canadian Financial Capability Survey provides some interesting insight into the level of financial literacy in our country: Nearly one-quarter of Canadians were found to be weak in three key areas of financial capability; namely, keeping track of their finances, planning ahead, and staying informed about financial matters; another 8 per cent were weak [...]

If I Had A Million Dollars

Apr.13.2010

Lifehacker carried an article from TheStreet in their Remains of the Day post entitled $1 Million Isn’t Enough To Retire. The original article can be found on TheStreet here. The relevant excerpt: Scottrade recently polled 226 registered investment advisers on the topic and found that 71% don’t believe $1 million is enough for the average [...]

Change

Sep.28.2008

Quite a few people were surprised when I told them that I was leaving my career at the Bank of Montreal, leaving our home in Newmarket and heading out to a new role in Kingston, Ontario. I retired early from the Bank and we packed everything up and moved to our new home. This was [...]

Appreciation

Jul.12.2008

A few weeks ago I met an old friend and colleague at the Yonge and Bloor subway station. We were on the same train heading down to Union. We had not seen each other in quite some time. Much to my surprise, he had retired for a couple of years. But now he was back [...]

Off to Kingston

Jun.20.2008

On Sunday the family will be heading into Kingston to start the process of looking for a new home. Although I will be working in Kingston on the Monday and Tuesday, my wife and children will be spending those two days with the real estate agent. Our ideal new home will be smaller than our [...]

Week In Review

Jun.18.2008

Websites of interest over the past little while. Blackberry addiction is similar to drugs. Now that I am retired, I am learning how to nap. If you have a Dunlop GCB-95 Cry Baby Wah then you need to make some modifications. Now this is a pedal board for real guitarists. An eye for detail as [...]

Touch

Jun.11.2008

My core team at work knows me pretty well. For my retirement gift they gave me a 32GB iPod Touch. It is a really, really cool device. And now that Apple has opened up WebApps for the device, this little music player with wireless access has got some neat functions.

Change

May.24.2008

The big decision that I have been wrestling with over the past several weeks was a career decision. I have taken early retirement from my current role as an executive at a large Canadian bank. I have also been offered the opportunity to take on a Chief Information Officer role with a Canadian insurance company [...]