Should James take a lump-sum pension buyout and invest the money himself?
Upon closer consideration, many people find that keeping their guaranteed pension payments leaves them better off.
Retirement
How to avoid tax-payment nightmares when RRIF withdrawals start
The solution to minimizing any tax shocks? Mimic the "taxed at source" treatment most employees experience. Here's how.
“Am I on track?” Krista, a 34-year-old Montrealer, saves $20,000 a year
Longevity runs in Krista’s family—so, although retirement is 30 years away, she worries about outliving her money. How much...
“Will selling my house help me retire sooner—and more securely?”
Karen divorced at 55 and worries about carrying mortgage debt when she retires. At the same time, she thinks...
Advertisement
Playing investment catch-up
At age 50, Viki’s putting aside $12,000 a year. Will that give her enough to retire comfortably at 67?
Getting a head start on their golden years
Tim is 47, and his wife is 46. They’re aggressively paying off their mortgage and will have defined benefit...
Maintaining your asset allocation while you draw down funds from a RRIF
If you plan on managing your own investments in retirement, here’s a simple way to rebalance your portfolio.
Should you opt in to a group RRSP?
If your employer offers a matching contribution, you get an automatic return on investment that would be tough to...
Advertisement
Could retiring at 61 significantly reduce your CPP benefit?
Ellen has contributed to the Canada Pension Plan for most of her life. She’d like to retire early, but...