Retirement

RRIF and LIF withdrawal rates: Everything you need to know

Most registered retirement savings plans are eventually converted to registered retirement income funds. Here’s what to know about RRIF...

Retired Money

Retirement planning advice for people who don’t use an advisor

Retirement Club for Canadians offers a sounding board and resources for people who manage retirement finance all on their...

Debt

Should I use retirement savings to pay off credit card debt?

Created By

Credit Canada

Ask MoneySense

Should we draw down my spouse’s RRIF faster?

The benefits of depleting savings to avoid estate taxes depends on many variables. But if you live a decade...

Columns

How to allocate a RRIF for secure income in retirement

Should you hold equities? Fixed income? An annuity? Or all three? Financial advisors debate the options in today’s “tariffied”...

Ask MoneySense

Should I draw down my RRIF to avoid estate taxes?

Yes, your estate will pay a high rate of tax on your RRIF when you die. But it usually...

Ask a Planner

Can you make RRSP contributions after age 71?

Here’s why you might see an RRSP deduction limit on your notice of assessment, even when you’ve already converted...

Retired Money

How to make sure you have enough money to fund your RRIF withdrawals

Once you start RRIFing, how do you make sure you have enough cash, and should you dial down risk?

Ask a Planner

When and how should I start drawing on my retirement savings?

There’s more than one way to optimize your income after retiring. Some strategies can boost wealth, and others may...