Two highnesses greet you

Have you ever noticed that in epic movies, there is often a great scene where, as a spectator, you go through a natural gateway that leads to a mysterious kingdom?

The gateway can be an arch, two rocky columns, two huge fountains, two big trees leaning over a water course.

We can’t wait to get to the other side to see what waits. In the Lord of the Rings for example, the community slides slowly over a river by going between two huge and imposing men sculpted in the rock.

Relatively speaking, that’s the sensation you get from the two Kio towers in Madrid. From the top of their 114 metres and 26 storeys, they lean majestically over Paseo de la Castellana Boulevard. The two highnesses invite to step forward into a new world. Continue reading

Can the value of a home replace an RRSP?

According to TD Bank Group, the answer is no. “Even if selling your home is a great way to increase your retirement income, and unless you want to adopt a much simpler lifestyle, it probably won’t generate enough money for your entire retirement. It’s important to have access to savings funds and additional investments, such as an RRSP, a TFSA, pension benefits or shares,” states a press release where, in conjunction with a questionnaire, the institution unveils the results of a survey on beliefs about retirement in Quebec.

It’s true that the net worth of a home represents a significant amount. Until recently a house could provide the owner with a comfortable cushion, but that no longer holds true today. Continue reading