All about Retirement Planning in Canada. Learn the ins and outs and get the latest news.
Latest News
Should RRIF withdrawals be based on the younger spouse’s age? Nov 9th
I am wondering about the minimum RRIF withdrawal calculation. We are wondering if it would be beneficial to use the younger spouse’s age to result in a lower annual combined income. Can you explain the reasoning behind this?—Bernie
When can you convert an RRSP to a RRIF?
Registered retirem.... More »
Stock news for investors: Canadian Natural boosts quarterly dividend after massive Q4 profit Mar 7th
Here’s a round-up of news for Canadian investors this week.
Canadian Natural Resources
Pet Valu
George Weston
Canada Packers
Featured RRSP Accounts
featured
EQ Bank
Build yo.... More »
The best free personal finance and investing courses in Canada Nov 29th
Financial literacy is an essential life skill. Whether you want to budget, saving, invest or plan for retirement, understanding how to manage money can help you achieve financial stability. Fortunately, there are many free courses that can help Canadians develop greater financial literacy. Below, fi.... More »
Registered vs unregistered accounts: Where retirees should make withdrawals + MORE May 25th
Ask MoneySense
We are in the age bracket where we need to take RRIF withdrawals every year. I am 81, and my husband is 82. We also have an unregistered account. We need to withdraw additional money to pay our expenses. We have already taken the mandatory withdrawal for this year from our RRIF. .... More »
Should I draw down my RRIF to avoid estate taxes? + MORE Apr 25th
Ask MoneySense
Is it a good idea to withdraw more money monthly than one needs from one’s RRIF? What about beginning a regularly automated transfer of this extra money to one’s non-registered investments so that there is less money in the RRIF account upon death? As a result, the estate will be .... More »
While no withdrawal rate is foolproof or guaranteed, the 4% withdrawal rule provides a rough and reasonable measuring stick that is widely used and has stood the test of time going back to the 1920s.COVID-19: Worldwide death toll passes 34,000; U.S. reports 18,000 new cases in one day – Simcoe Reformer
– news.google.ca
COVID-19: Worldwide death toll passes 34,000; U.S. reports 18,000 new cases in one day Simcoe ReformerNew COVID-19 outbreak at Ottawa retirement home as cases hit 122 CBC.caTwo more COVID-19 deaths in Ontario, 211 more confirmed cases; new cases in Ottawa, Almonte Ottawa CitizenOttawa Public Health confirms 16 new cases of COVID-19 in Ottawa CTV NewsuOttawa prepares for families to move on campus due to COVID-19 pandemic CTV NewsView Full coverage on Google News
