Canadians fear a tougher road to retirement—and plan to help their kids along the way + MORE Feb 14th

How to go about securing the best Retirement Plan in Canada.

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How to confirm your CPP pension + MORE Apr 11th

How do I know if I’m receiving the correct amount of CPP? —Flora Most people who work in Canada between ages 18 and 65 will have some entitlement to the Canada Pension Plan (CPP). Employees and their employers make payroll contributions to the pension. Self-employed people contribute the.... More »

August CPP, OAS, and Veteran Disability Pension payment dates are here + MORE Aug 29th

Three types of payments are going out soon, and eligible Canadians should keep an eye on their bank account this week. Payments under the Canada Pension Plan (CPP) and Old Age Security (OAS), including the Guaranteed Income Supplement (GIS), both go out on the same day: Thursday, August 27. The C.... More »

When to consider extra RRIF withdrawals Apr 4th

I am in my 91st year and for my age, in reasonably good health. I drew down a significant extra sum in 2025 from my RRIF. Fortunately, due to some good earlier decisions, my RRIF remains with a very strong market value. I use this drawdown for two purposes: to reinvest in my non-registered accounts.... More »

Is AI the ultimate retirement hack? Jun 13th

There’s an interesting new book just published called I Am Not a Robot: My Year Using AI to Do (Almost) Everything. The author is Joanna Stern, who was a personal technology columnist for the Wall Street Journal for 12 years. As the subtitle of her book reveals, she spent a year using ar.... More »

Stock news for investors: Q4 results from Manulife, Sun Life, Air Canada, and more

– moneysense.ca

Here’s a round-up of news for Canadian investors this week.

Manulife

Sun Life

Cineplex

Air Canada

Brookfield Corp.

Fortis

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Canadians fear a tougher road to retirement—and plan to help their kids along the way

– moneysense.ca

Canadians are going into this year’s RRSP season in a somewhat pessimistic mood. Two-thirds say it will be more difficult for them to save and invest for their retirement than it was for their parents, according to BMO’s latest Retirement Survey.

Canadians expect a tougher retirement than their parents

Of all age groups, millennials have the gloomiest outlook, with nearly three quarters (73%) responding that their retirement plans will be harder to fulfill than their parents’. Baby boomers (60%) and Gen Z (61%) were somewhat more optimistic, with Gen X (67%) right at the national average.

Survey respondents weren’t just worried about their own retirements—77% said providing for retirement would be harder for future generations. In fact, almost half (49%) expect to help their children out financially. They feel that support is necessary, even though 83% of those benefactors-to-be anticipate that it will come at the expense of their own standard of living in retirement…

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