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.
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Other resources
Learn more about retirement
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.
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.
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.
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.
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.
FHSA vs. TFSA vs. RRSP
10 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.
Accounts to save for retirement
4 min read
Learn what accounts can help you better save for retirement and what to do with them.
Do you have enough for retirement
5 min read
We hear a lot about saving for retirement, but we don’t often hear what retirement will cost us and whether or not we’ll have enough to retire. We get into those details.
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.
How to Follow the 50/30/20 Rule
5 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.
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.
RRIF Withdrawals
6 min read
Mind in knots over the tax implications of withdrawing your RRIF? We've got you covered.
OAS Clawback Explained
6 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.
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.
Average Canadian retirement income
3 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.