thanks, and yes, a pittance
of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch
of service)-- along the way, frugal living, along with dollar - cost averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the
recession (where we actually came
out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is
staying fit, active, and healthy!
«Things might be difficult today, but I'm completely sure if we
stay on course, this country will not only get
out of recession, but always go to the path
of sustainable development.
The BoC's decision has been the subject
of much debate — recent low interest rates were intended as an economic stimulus coming
out of last year's
recession, and some economists have been arguing that rates should
stay low for the time being as a measure
of protection against global market turmoil.
The company
stayed true to its promise — the dividend increased $ 0.07 every year coming
out of the
recession: $ 1.73 (2009), $ 1.80 (2010), $ 1.87 (2011), $ 1.94 (2012), $ 2.01 (2013), $ 2.08 (2014), and an expected increase to $ 2.15 annually this year.