There are plenty of retirement plan options in Canada! Stay on top of the best plans right here.
Latest News
A simple guide to investing your first $500 + MORE Jan 24th
For many young Canadians, the barrier to entry for investing feels impossibly high. Between student loans, rising rent, and the cost of living, scraping together a starter fund can seem daunting. Yet, as little as $500 to $1,000 is sufficient enough to begin building the habits that create long-ter.... More »
Who you gonna trust: Barry Ritholtz or Jim Cramer? + MORE Oct 25th
Because I get a lot of free review copies of financial books, it’s rare that I actually order one from Amazon, let alone three. But I did just that recently when I was curious about three influential authors who released new financial books within weeks of each other.
The first can be regarded .... More »
Is AI the ultimate retirement hack? Jun 13th
There’s an interesting new book just published called I Am Not a Robot: My Year Using AI to Do (Almost) Everything. The author is Joanna Stern, who was a personal technology columnist for the Wall Street Journal for 12 years. As the subtitle of her book reveals, she spent a year using ar.... More »
Financial independence and travel: Can you have both? + MORE Apr 25th
In February and early March, as is increasingly our custom, my wife Ruth and I spent five weeks in a sunny clime in order to avoid the tail end of Canada’s winter. On our return from Malta, regular guest blogger Devin Partida contributed a relevant article titled “Can you pursue financial indepe.... More »
Stock news: Canada’s big banks raise dividends after strong Q2 earnings May 30th
Here’s a round-up of news for Canadian investors this week.
BMO
National Bank
Scotiabank
CIBC
TD Bank
RBC
Featured RRSP Accounts
featured
EQ Bank
Build your retirement.... More »
Why “unretirement” may be the fate of so many Canadians
– moneysense.ca
The idea of “unretirement” seems to be making a comeback as more Canadians find themselves under economic stress. Even before the tariff threats emerged under Trump 2.0, seniors and near-retirees were finding the economic uncertainty and rising cost of living becoming uncomfortable. No surprise then that many who are approaching retirement age are delaying their exit from the workforce.
When I first saw the latest version of this survey by HealthCare of Ontario Pension Plan (HOOPP)—which finds more than one in four (28%) of working Canadians, aged 55 to 64, expect to continue working in retirement to support themselves financially—I assumed HOOPP’s use of the term “unretirement” referred to people who had tried retiring but then went back to work, usually for reasons of financial necessity.
However HOOPP’s definition is a bit different. It describes it as the situation for “respondents who are not either retired or semi-retired, meaning they may be employed full- or part-time, or unemployed but not due to retirement…
