All about Retirement Planning in Canada. Learn the ins and outs and get the latest news.
Latest News
Stock news for investors: Cenovus boosts MEG Energy stake to 9.8% Oct 18th
Here’s a round-up of news for Canadian investors this week.
Cenovus-MEG Energy
Parkland-Sunoco
Cineplex
Featured RRSP Accounts
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EQ Bank
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Stock news: Dividend hikes, earnings results, and what moved Canadian stocks this week + MORE Feb 7th
Here’s a round-up of news for Canadian investors this week.
Suncor
ATS
Brookfield
Thomson Reuters
BCE
Canada Goose
Featured RRSP Accounts
featured
EQ Bank
Build your r.... More »
Stock news for investors: RBI earnings rise as Tim Hortons and international growth boost results + MORE Nov 1st
Here’s a round-up of news for Canadian investors this week.
Restaurant Brands International
Parkland
Wealthsimple
Cameco
Algoma
Corus
Spin Master
Featured RRSP Accounts
featured
EQ Bank
.... More »
Online “finfluencers” grow up + MORE Jul 4th
If you’re someone near or at retirement, has a column like the one you’re now reading ever “finfluenced” any of your financial decisions? Increasingly, many Canadian investors are turning to a new generation of voices online, a trend that regulators are starting to watch more closely.
.... More »
Russ Dyck financial advisor Nov 8th
Meet Russ Dyck
Russ Dyck, a Certified Financial Planner and founder of Finovo, specializes in financial planning for professional couples and young professionals. He is passionate about helping clients navigate complex financial decisions with clarity and confidence, tailoring each plan to meet t.... More »
30 and no pension: What are your options?
– moneysense.ca
Alexandre Crupi has a lot of expenses. The 31-year-old investment specialist at Steadyhand Investment Funds, along with his fiancee, are paying for a September wedding. Then there’s the cost of their forthcoming honeymoon. They hope some day to buy a house. On top of all that, Crupi doesn’t currently have a workplace pension plan.
Yet Crupi isn’t neglecting retirement. He’s maxing out his tax-free savings account (TFSA) and registered retirement savings plan (RRSP) contribution room to save for all of his long-term financial goals, including life in his golden years. In fact, Crupi’s been putting away money since he started working, and let it slowly accumulate across his various accounts. “There’s nothing better than the power of compounding,” he says. “The more you put away in your 20s and 30s, the more it can build and build and build for you.”
That said, saving for retirement in your 30s can be tricky. The average couple ties the knot for the first time at 35 years old, and pays anywhere from $22,000 to $30,000 for a wedding…
