Zoomer Week In Review

This week learned that at 8.1%, inflation has hit a 39 year high. As if we wouldn’t have known that from buying groceries and filling the gas tank. Galloping inflation is especially hard on people on fixed incomes. But rising interest rates can be good news for your portfolio and are making products like annuities more attractive. The Longevity Pension Fund is only a year old and bills itself the world's first income-for-life mutual fund for Canadian retirees. Libby Znaimer talked with Fraser Stark of Purpose Investments AND Every day, 48 Canadians die and 634 are hospitalized because of falls. It’s the leading cause of injury deaths, hospitalizations, emergency department visits and disabilities in Canada. Especially for older people. It was shocking to learn that Ivana Trump died from a fall in her apartment at the age of 73. A spilled coffee cup was found beside her body. Libby turned to falls prevention expert Dr. Geoff Fernie, for some practical tips.