How to go about securing the best Retirement Plan in Canada.
Latest News
Withdrawing money from a spousal RRSP + MORE Jan 14th
Q: If I have two spousal RRSPs, can I stop contributing to RRSP No. 1 for three years and then begin to withdraw from it without being subject to attribution rules, even if during that time I contribute to RRSP No. 2?
—Murray Hooper, Cambridge, Ont.
A: “All for one. And one for all,” goes.... More »
Ten proven ways to pay less tax this year Mar 2nd
How to use tax shelters and structure your retirement portfolio to reduce your annual payment to the CRA..... More »
What’s my RRSP contribution limit? Nov 15th
Find out your current registered retirement savings plan (RRSP) contribution limit by using this calculator.
RRSP contribution rules highlights
Your RRSP contribution limit is based on the maximum annual RRSP contribution room set by the Canadian government, the earned income you had d.... More »
News for investors: Nvidia smashes Q3 expectations as AI frenzy continues + MORE Nov 22nd
Here’s a round-up of news for Canadian investors this week.
Nvidia
Metro
Questrade
Featured RRSP Accounts
featured
EQ Bank
Build your retirement savings with 1.50% interest, ta.... More »
CPP Investment Board says 2014-15 had best return in fund’s history + MORE May 21st
TORONTO – The fund that manages investments for the Canada Pension Plan says it just had the best year in its history.
The CPP Fund’s portfolio had a net return of 18.3 per cent in the 12 months ended March 31, the highest one-year return since it started 16 years ago.
Assets grew by $45.... More »
It’s Time to Redefine the “Ideal” Retirement
– rhondasherwood.com
Do you ever watch old television programs and marvel at “the way things used to be”? They depict situations and values that were normal at the time the shows were made, which don’t seem relevant today. The idea of working for one employer for your entire working life, retiring with a company pension and then having a relatively short retirement before you pass away has gone the way of black and white television sets and big, gas-guzzling cars. The new reality is much different, and it’s time to redefine our ideas about the “ideal” retirement.Longer Life Expectancy a Factor in Retirement
Baby Boomers who are reaching retirement age can reasonably expect to live for several years after they stop working. This generation could be looking at a retirement that could last for 20 years (or more). Not only are people living longer, but they are living healthier lives. Today’s seniors are vital and engaged. They are not content to putter around the house or spend time on the golf course…
Rising rates, strong markets help pension funds improve
– thestar.com
The health of Canadian defined benefit pension plans improved in the third quarter, boosted by strong returns on the stock markets and rising long-term interest rates.
Alfredo and Theresa need to rein in their spending to save for a comfortable retirement.
