How To Plan for Retirement If You’re Still Carrying Credit Card Debt

recep-bg / Getty Images Many Americans approaching retirement still carry credit card balances, which can complicate retirement planning and savings. High-interest debt can increase monthly expenses and force difficult trade-offs between paying down balances and saving for the future. Christopher Stroup, certified financial planner (CFP) and owner of Silicon Beach Financial, explained how it is…

Octagon Capital declared bankrupt; firm suspended

Toronto-based investment dealer Octagon Capital Corp, has been placed into bankruptcy,and a regulatory hearing panel has suspendedthe firm. The Ontario Superior Court ofJustice on Friday issued an order judging Octagon Capital to bebankrupt and appointing Ernst & Young Inc. as its trustee. As a result, E&Y has taken control of the firm’sproperty and operations and…

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