by Robb Engen | Sep 4, 2019 | Retirement
Readers often ask how an index investing approach can work for retirees or soon-to-be retirees. A low cost, globally diversified portfolio of ETFs is great for those in the accumulation stage, but retirees need income. How do they get it? When asked this question I...
by Robb Engen | Aug 22, 2019 | Retirement
Canada Pension Plan (CPP) benefits can make up a key portion of your income in retirement. Individuals receiving the maximum CPP payments at age 65 can expect to collect nearly $14,000 per year in benefits. The amount of your CPP payments depends on two factors: how...
by Robb Engen | Jul 22, 2019 | Retirement
In previous articles I’ve looked at reasons to delay taking CPP until age 70, along with explanations why you might want to take CPP earlier at age 60. But in this article I’m going to explain why you shouldn’t take CPP at age 65. The most compelling...
by Dale Roberts | Jul 4, 2019 | Retirement
Retirement can be a scary time for retirees who have considerable and even modest portfolios. We want to protect those assets. And certainly the risk tolerance level for most retirees will drop considerably. And that risk tolerance level will often drive the bus with...
by Jonathan Chevreau | Jun 25, 2019 | Retirement
Through most of the five years the Financial Independence Hub has existed, Boomer & Echo’s Robb Engen has been kind enough to allow the “Hub” to republish some of his blogs that first appeared on his own site. He recently suggested we turn the tables and invited...
by Robb Engen | Jun 7, 2019 | Retirement
It’s generally not wise to voluntarily take up to a 36 percent reduction in income, especially if that income is paid for life. But that’s exactly what happens to retirees who elect to take CPP at age 60. I’m a big proponent of delaying CPP up to age...
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