Retirement planning getting you down? There are always smart ways to plan the financial aspects of your retirement.
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How financial advisors can help at different life stages + MORE Mar 23rd
When it comes to figuring out your finances and planning for the future, working with a pro can make this process easier. Canadians who feel hopeful about their financial future are more likely to be working with a financial professional, according to research by FP Canada.
Depending on you.... More »
CPP vs RRSP: Can you transfer your CPP to an RRSP? Dec 21st
I’m 40 years old. Can I transfer my accumulated CPP to an RRSP?
—Franco
I am going to cut to the chase here, Franco. You cannot transfer your Canada Pension Plan (CPP) to a registered retirement savings plan (RRSP). Some pensions can be transferred to an RRSP, and there are ways .... More »
Credit Suisse lands ex-Morgan Stanley managing director + MORE May 6th
Quick courtship of veteran investment banker Ram Amarnath a sign of the importance investment banks attach to covering Canada’s private-equity firms and pension plans
.... More »
GM Canada to cut Oshawa assembly workforce by 1,000 + MORE Apr 30th
OSHAWA, Ont. — General Motors says it will cut about 1,000 positions from its Oshawa, Ont., manufacturing operations this year as the company plans to spend billions of dollars to boost its U.S. operations.
By December, GM Canada’s main assembly operation is expected to have 2,600 hourly emp.... More »
Ontario government to delay ORPP rollout by one year + MORE Feb 19th
The Association of Canadian Pension Management is welcoming today’s announcement of a one-year delay to the Ontario Retirement Pension Plan.
“We welcome it,” says ACPM chief executive officer Bryan Hocking, calling it a “wise” move.
“I think they’ve had enough input from a number of di.... More »
Extreme retirement isn’t for everyone
– moneysense.ca
(Thomas Barwick/Getty Images)My recent column on planning for longevity attracted some good counterpoints from readers. In it, I suggested that with life expectancy rates steadily on the rise, people shouldn’t get too hung up on early retirement.
However, I recognize that my own preference to “just keep working” (at least for the time-being) is not necessarily shared by everyone.
In the comments section at the above link, one reader quipped: “the author can’t think of anything they would rather do with their time then work.” He or she cites such non-paid activities as volunteering, cultural activities and visiting friends and family. “Those activities would be mentally and socially stimulating, and wouldn’t require that I have to be somewhere at any given moment. I would be in charge of when and how often I participated.”
Well sure, but I’d argue much of that can be accomplished on nights and weekends. I don’t see paid work and other rewarding activities as being mutually exclusive…
