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 Planning | Why Retirement Planning is Important in Canada
We aim to provide easy-to-follow advice about retirement for everyone, from recent university grad whippersnappers to those who are literally one coffee break away from retirement.
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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33 Questions About RRSP, TFSA, FHSA and Other Registered Accounts
Answers to 33 of the most common questions about TFSAs, FHSAs, RRSPs, Spousal RRSPs, RRIFs, and the Home Buyers’ Plan.
Retirement Planning | Why Retirement Planning is Important in Canada
We aim to provide easy-to-follow advice about retirement for everyone, from recent university grad whippersnappers to those who are literally one coffee break away from retirement.
What Is a Deferred Profit Sharing Plan (DPSP)?
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.
A visual guide to end-of-year registered account deadlines
It can be hard balancing all of the different contribution deadlines — unless you have flowchart.
CPP Retirement Pay Dates for 2024: How Much CPP Will I Get?
Here’s everything you need to know about the 2024 max CPP payment and this year's payment schedule.
Registered Pension Plan Explained
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.
FHSA vs. TFSA vs. RRSP
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 to Follow the 50/30/20 Rule
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.
RRIF Withdrawals
Mind in knots over the tax implications of withdrawing your RRIF? We've got you covered.
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.
RIF vs RRIF: What's the difference?
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?
It's an account that lets you roll over money from a pension account after you leave your job.
401(k) Equivalent in Canada
The 401(k) plan is a popular retirement plan in the United States. but Canadians have a similar workplace retirement plan available to them, the GRSP or Group Registered Retirement Savings Plan.
What is an Annuity? The Ultimate Guide
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 Guaranteed Income Supplement (GIS)?
The Guaranteed Income Supplement is a monthly stipend for retired, low-income Canadians already receiving an Old Age Security pension.
What is the Pooled Registered Pension Plan (PRPP)?
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?
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?
There isn't an official retirement age. But we have helpful information you need to dtermine when to retire.
When Can I Retire?
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
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
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?
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
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.
How are beneficiaries important to clients?
If you don’t name a beneficiary, your estate might not go to the right recipients.