All about Retirement Planning in Canada. Learn the ins and outs and get the latest news.
Latest News
Paying yourself first Nov 2nd
There is perhaps no single piece of financial advice more frequently repeated than “pay yourself first.” And with good reason. It’s tough to grow savings if you prioritize all your spending needs and wants ahead of putting money away. While some of us fully intend to stash whatever is left at .... More »
RRSP deadline: A procrastinator’s guide + MORE Feb 24th
The March 1 RRSP deadline is fast approaching. When it comes to last minute RRSP planning, however, nothing surprises Michael Berton anymore. The Vancouver-based CFP has seen people dump cash in their accounts at the last second or invest in something unusual because they were pressed for time. He.... More »
Stock news for investors: Cineplex and Aritzia post strong results despite industry headwinds + MORE Oct 11th
Here’s a round-up of news for Canadian investors this week.
Cineplex
Aritzia
Trilogy Metals
Barrick Mining
Cenovus-MEG Energy
Featured RRSP Accounts
featured
EQ Bank
Buil.... More »
Why I’m taking OAS right at 65 + MORE Aug 19th
During the “Victory Lap” stage of life between full-time employment and traditional “no-nothing” retirement, a key strategy is deciding when to commence receipt of various streams of income.
This commonly occurs in one’s 60s. As you move from a salaried single stream of income to the “mu.... More »
Two Different Retirement Planning Goals in Your Household: What to Do
– rhondasherwood.com
If you have married later in life or for the second time, keeping your finances separate seemed the sensible thing to do. The basic costs such as the mortgage, utilities, taxes and insurances were split 50/50. You took care of your own personal needs and lifestyle costs. You each have your own savings and retirement accounts. It occurs to you one day that you and your spouse or partner have never talked about your retirement planning goals.
So one day you approach them and are shocked to learn that their version of “retirement” is quite different from yours. What do you do then?
Your Retirement Plan
You have your pension from your 30 years of service that will cover your entire half of the basic costs. In addition, you aggressively saved over the years. When the mortgage was paid your portion of the payments was redirected right into your RRSP. You did everything right with the help of your road map created years ago by your financial advisor. Retirement planning has never been a worry for you…
So one day you approach them and are shocked to learn that their version of “retirement” is quite different from yours. What do you do then?
Your Retirement Plan
You have your pension from your 30 years of service that will cover your entire half of the basic costs. In addition, you aggressively saved over the years. When the mortgage was paid your portion of the payments was redirected right into your RRSP. You did everything right with the help of your road map created years ago by your financial advisor. Retirement planning has never been a worry for you…
Canadian VCs bolstered by Wellington’s new fund
– theglobeandmail.com
Wellington’s new $300-million fund is backed by pension plans and offers debt financing to its portfolio companies, unlike many other VC funds, which look for equity
The introduction of Ontario’s Registered Pension Plan (ORPP) will lead to more layoffs and wage freezes in the province’s already beleaguered manufacturing sector, the Canadian Manufacturers & Exporters group has warned. The CME, which represents manufacturers who account for 750,000 jobs in Ontario, said a survey of its members indicated that as many as 35 per cent of Ontario’s manufacturers will lay […]
The election debate hasn’t talked about the new $10,000 TFSA limit or expanding the Canada Pension Plan. Voters care about both.
