Where should working retirees put extra income: A TFSA or an RRSP?
Working Canadian retirees may look at CPP and OAS as extra income. Is putting that money in a TFSA...
Articles By Allan Norman, MSc, CFP, CIM:
Should seniors cancel their life insurance policies?
At what point do we no longer need life insurance? You will find the answer by going back to...
Is it OK to leave $100,000 in a high-interest savings account?
There is no avoiding risk. Even a high-interest savings account could lose its purchasing power. So, what’s the safest...
CPP and disability: When should you retire and start your pension?
When collecting disability, retiring early is an option. But find out how that can impact disability income and retirement...
Making a plan: How to withdraw money from a retirement account
Canadians have quite a few options for retirement savings. But before you look at when to retire and start...
DC plans once you retire: What do you do with them?
When coming up to retirement, should your investments move with you. Find out the options for soon-to-be retirees. ...
Registered vs non-registered accounts: Where retirees should make withdrawals
When you have the choice for withdrawals, it makes sense to look at the pros and cons of taking...
How to calculate the taxable amount for a cashed-in whole life insurance policy
Is a whole life insurance cash value taxable? Spoiler: Yes. But find out how to calculate the taxable amount....
How to have the most tax-efficient retirement income plan
Should you plan your retirement savings around paying the least amount of taxes? Find out the implications and the...