There are plenty of retirement plan options in Canada! Stay on top of the best plans right here.
Q. I retired last year at age 60 and am fortunate to have defined benefit pension, which I can live off comfortably. I have accumulated some savings, which I am now looking to invest more productively. My risk tolerance is on the low end—a 2 out of 5 based on an online survey I completed. My goal .... 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 »
For retirees or near-retirees who lack traditional employer-sponsored Defined Benefit pension plans, the federal government’s Canada Pension Plan (CPP) and Old Age Security (OAS) are the closest most of us will get to such a valuable pension. True, RRSPs and TFSAs do allow you, in a tax-effective .... More »
How the coronavirus pandemic could change the way we think about retirement in Canada + MORE May 4th
Over the past few decades, the concept of retirement has grown increasingly more sophisticated. Canadians preparing for retirement have been able to contemplate a variety of highly personalized approaches—from early (or even very early) retirement; to active, phased, or working retirement; and mor.... More »
If you are going to dip into your savings, do so in a planned way and track what you remove.