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 more than $14,000 per year in benefits. The amount of your CPP payments depends on two factors: how much you contributed, and how long you made…

There are lots of unknowns when it comes to retirement planning. Most of us focus on how much we need to save for retirement without giving much thought as to how much we’re going to spend in retirement. A $1 million dollar nest egg can provide you with $30,000 to $40,000 to spend each year…