How to go about securing the best Retirement Plan in Canada.
Latest News
What’s the best way of using your home equity during retirement? Nov 9th
Not sure how to make a retirement plan? Read on...
What’s the best way of using your home equity during retirement? - thestar.comContinue Reading On thestar.com »Getting the most out of your Retirement Plan in Canada can be tricky - let us help! Visit our Retirement page for.... More »
How much money do you need to retire in Canada? Is it really $1.7 million? + MORE Mar 1st
Retired Money highlights
Canadians think they need $1.7 million to retire, according to a BMO pollHow to save $1.7 million in RRSPsOther factors for determining how much you need to save for retirement
If you’re just starting out on the long road to saving for retirement, you may have heard ab.... More »
Modi meets Canadian CEOs, bankers, visits Kanishka memorial - Business Standard + MORE Apr 16th
Business TodayModi meets Canadian CEOs, bankers, visits Kanishka memorialBusiness StandardPrime Minister Narendra Modi kept a busy final day schedule in Canada on Thursday, meeting Canadian CEOs, bankers and pension fund managers to seek investment for India and also paid a visit to the Kanishka Air.... More »
Worried about your shrinking nest egg? How the 4% rule can help save your retirement + MORE Mar 30th
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..... More »
Develop your own plan + MORE Dec 23rd
Steward Kinmond, 70, and Barbara Sibbald, 58, in front of their mortgage-free new-build, close to Parliament Hill. (Photography by Jessica Deeks)
Every morning, Barbara Sibbald and her husband Stewart Kinmond gaze out across their big backyard and watch the sunrise. Directly behind them is part of t.... More »
Maybe you just think you want to retire
– moneysense.ca
(Thomas Barwick/Getty Images)To read MoneySense or any of the “Family Profiles” in the business sections of most Canadian or American daily newspapers, you’d think the only goal most middle-aged middle-class workers have is retirement.
And I certainly understand this. After a decade or three of employment in any large corporation or government body, release from the treadmill does at first glance seem to have some appeal.
But as I told Chris Hill recently in an installment of Motley Fool’s Market Foolery podcast, I believe many people just think they want to retire.
If all you’ve enjoyed after a multi-decade working life is an annual vacation of two or three weeks, the idea of an extended vacation—remember those endless summers in grade school?—does seem exhilarating. And as I know from my sister-in-law, in the United States early in a career, it’s common to have only two weeks of annual vacation. You only start to relax in the second week and the next thing you know, it’s back to the cubicle…
