Becoming Retirement Ready

It’s likely that investing for retirement is the most long-range, expensive goal most of us will ever face. In the early years that far off future can be pretty vague, and many of us wait until we actually retire before putting a plan together, if we plan at all....

How Will The New CPP Changes Affect You?

The Federal and Provincial finance ministers met again earlier this week to pursue their ongoing discussions on how to improve the Canada Pension Plan. The majority of the provinces agreed to make the following changes to CPP: New CPP Changes Explained 1....

Turning Your LIRA Into Retirement Income

A reader suggested I expand on my post on converting RRSPs to RRIFs to include locked-in plans. So here it is. Thank you, Frank. What is a LIRA? First, let’s review. Employees enrolled in a registered pension plan who remain with their company until the...

What Hobbies Are On Your Retirement Bucket List?

Remember going to a craft and hobby show, or looking through a magazine, and seeing in your mind’s eye all those great projects you could make? Or watching the sports channel and dreaming about aces, holes-in-one, or the salmon you could catch? When most of us imagine...

Retirement Planning Advice For Singles

Retirement planning advice for singles is similar to that for couples – track your expenses, clear up debt, automate your savings, and keep investment costs low. However, being single, whether by choice, or as a result of being widowed or divorced, presents some...

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