Avoid the retirement drift
Blogger and expert in the fields of aging and personal finance, Lee Ann Davies warns against a moving target retirement date.
Don't underestimate the challenges of relocating when it's outside the structure of a company move.

Blogger and expert in the fields of aging and personal finance, Lee Ann Davies warns against a moving target retirement date.

New rules allow you to defer your OAS into the future resulting in more money overall.

Inflation may soon breathe fire on your retirement savings, and traditional portfolios of stocks and bonds are at risk. Here’s how to choose investments that can prevent your nest egg from getting cooked.

Chances are you’ll have more than enough money to retire. The numbers in this infographic speak for themselves.

When it’s best to invest in your retirement savings and when it’s best to eliminate debt.

Pay attention to the key points where taxes jump to a higher rate. Retirees can then try to smooth out income to stay just under the next highest tax bracket when possible.

Your retirement income will come from a variety of sources: government, pensions, your portfolio, part-time work, and maybe even your home equity. How can you keep your cash flow smooth and tax-efficient?

Retired businessman Louis Zanini knows it’s time to sell his home and pay off his $113,000 debt. But as he approaches his 80s, will he be better off financially if he buys a condo, or moves into a rental apartment?

Join the discussion with MoneySense Editor Jonathan Chevreau as he chimes in on CBC’s The Boomer Revolution documentary airing Thursday at 9 p.m. ET.

The most important thing is to get the money in now and worry about how to invest it later, MoneySense Editor Jonathan Chevreau tells CityNews Channel.