Would you save 70% of your income so you could retire early? Meet FIRE advocate Scott Rieckens, on track to retire at 41 Oct 9th

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Tax-free savings accounts (TFSAs) are one of the most popular tools for retirement savings. Since you contribute funds that you’ve already paid taxes on, you’ll enjoy tax-free growth. However, the government places limitations on how much you can contribute every year and overall. This is known .... More »

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How to consolidate your registered accounts for retirement income in Canada Oct 1st

Ask MoneySense My wife has an RRSP in her name and a spousal RRSP in her name, plus a small LIRA. She will be turning 71 next year. My question is: Can she open a RRIF account and contribute both of her RRSPs plus the LIRA amount into one single RRIF account without incurring any taxable conseque.... More »
Would you save 70% of your income so you could retire early? Meet FIRE advocate Scott Rieckens, on track to retire at 41We talked to filmmaker and author Scott Rieckens about his new book, Playing With FIRE: How Far Would You Go for Financial Freedom?

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