Which savings should retirees draw down first?
Seniors seeking a decumulation strategy may be asking the wrong questions. Start with your spending plan, then model how...
Retirement
30 and no pension: What are your options?
Many 30-year-olds are at the crossroads of some major life expenses. Here’s how to save for retirement during a...
How does a reverse mortgage work in Canada?
A reverse mortgage advances you funds from a house you own. Find out if this option is right for...
40 and no pension: What do you do?
You’ve reached your 40s, are mid-way in your career and realize you’ll never have a pension. Here’s how to...
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Why a reverse mortgage should be a last resort for most Canadian retirees
Reverse mortgages do the job of freeing up income for house-rich, cash-poor Canadian seniors. But their terms are often...
A parents’ guide to home down payment gifts and loans
Many parents loan or gift money to their adult children for real estate purchases. Here are the legal and...
Self-employed with no pension
Here’s how freelance workers and entrepreneurs in Canada can use the unique aspects of “working for yourself” to build...
Which types of pension income can be split with your spouse in retirement?
Splitting income with your spouse can help you to pay less tax. Here are some types of retirement income...
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Annuity vs. GIC: What makes sense for retiring?
Can you compare apples to apples with annuities and guaranteed investment certificates for retiring? Let’s find out.