Retirement
Retirement isn't just about money you'll spend when you're old, it's about the investing strategy you put into place when you're young. Follow our simple guides to getting so you can spend your later years traveling or wine tasting—or, who knows, kite surfing—instead of worrying.
Retirement Strategies
Retirement can be your second childhood—but hopefully with a lot more money. We've got a few helpful financial strategies to keep your head above water well into your 90s.
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RRIF Withdrawals
6 min read
Mind in knots over the tax implications of withdrawing your RRIF? We've got you covered.
OAS Clawback Explained
7 min read
The government gives you a helping hand when you get old, as long as you don’t make, what it considers, too much money. Here’s exactly how the OAS clawback works.
A visual guide to end-of-year registered account deadlines
1 min read
It can be hard balancing all of the different contribution deadlines — unless you have flowchart.
FHSA vs. TFSA vs. RRSP
1 min read
Instead of stressing with a calculator or calling your accountant, you can figure out which tax-sheltered account is best for you — FHSA, RRSP, or TFSA — with this very simple (and fun!) flow chart.
How much money do you need to save for retirement?
5 min read
It’s never too early to start thinking about how much money you’ll need to retire. Here’s a way to find out what you’ll need in 5 steps.
Wills and trusts: Handling end-of-life finances
5 min read
Planning for life after you pass isn’t fun, but it’s an important part of your financial plan. Learn more on how to handle the sad stuff.
When is the best time to take CPP and OAS?
2 min read
Timing your CPP and OAS can help make spending in retirement easier. Learn more.
Accounts to save for retirement
4 min read
Learn what accounts can help you better save for retirement and what to do with them.
How do I take advantage of my home equity in retirement?
2 min read
Having your home paid off is a huge accomplishment - learn how to take advantage of that equity in retirement.
How to invest by decade
7 min read
Investing isn’t something you set up once and leave until you’re ready to retire. We cover what priorities and factors you should think about depending on your age.
How to spend money in retirement
5 min read
After you’ve done all that saving, it’s good to know how to spend (and enjoy!) your retirement savings.
33 Questions About RRSP, TFSA, FHSA and Other Registered Accounts
9 min read
Answers to 33 of the most common questions about TFSAs, FHSAs, RRSPs, Spousal RRSPs, RRIFs, and the Home Buyers’ Plan.
What Is a Deferred Profit Sharing Plan (DPSP)?
7 min read
If you start a new job and your company says they offer a DPSP, you might be wondering how to take advantage of that. Learn the ins and outs of DPSPs below.
CPP Retirement Pay Dates for 2024: How Much CPP Will I Get?
7 min read
Here’s everything you need to know about the 2024 max CPP payment and this year's payment schedule.
Registered Pension Plan Explained
8 min read
A Registered Pension Plan is an employer-based savings plan registered with the Canada Revenue Agency and a key investment tool for employees. Here’s how it works.
How to Follow the 50/30/20 Rule
6 min read
The 50/30/20 rule is a simple budgeting technique that helps you pay your bills, splurge a little on yourself, and work on your financial goals.
Retirement Strategies
9 min read
Retirement can be your second childhood—but hopefully with a lot more money. We've got a few helpful financial strategies to keep your head above water well into your 90s.
RIF vs RRIF: What's the difference?
5 min read
There sure are lots of short forms in finance and they can be confusing. Here's the scoop on RIFs, RRIFs, LRIFs.
What's a LIRA?
2 min read
It's an account that lets you roll over money from a pension account after you leave your job.
What is an Annuity? The Ultimate Guide
6 min read
If you’re in retirement or nearing retirement you might consider an annuity as a source of retirement income. Find out all about them here.
What is the Pooled Registered Pension Plan (PRPP)?
3 min read
In Canada, many small and medium-sized companies do not offer any form of retirement benefit to their employees. In 2012, the federal government introduced the Pooled Registered Pension Plan as a way of helping those employees save for retirement.
Which retirement savings plan is right for me?
1 min read
There are a couple of great CRA-backed retirement savings plans. Read below to find out which one is best for you.
What’s the retirement age?
6 min read
There isn't an official retirement age. But we have helpful information you need to dtermine when to retire.
When Can I Retire?
6 min read
Flummoxed about the exact age you should retire? This easily-followed guide will provide you with all the factors you'll need to take into consideration.
How to Retire at 50
10 min read
Done with being a working stiff and ready to let loose as a spry young retiree? We've got your guide to retiring early. Really early.
Life Income Funds (LIF) in Canada 2023
6 min read
When it comes to registered retirement investment accounts, things can get a little complicated. Learn about LIFs below.
How Long Will My Retirement Savings Last?
10 min read
Find out how long your retirement savings will last and what you can do to extend that time regardless of how much you have.
Average Canadian retirement income
4 min read
Whether you’re planning to retire soon or are currently retired, learning about the average Canadian income and related expenses can help you create a better, more comprehensive plan for your golden years.
What's an RRIF?
1 min read
It's a retirement savings account designed to grow your money even after you retire.
How are beneficiaries important to clients?
1 min read
If you don’t name a beneficiary, your estate might not go to the right recipients.