Calculating how much money you’ll need at retirement
Use these simple formulas to set your own savings goal, starting with how much you’ll want to spend each...
Retirement
Are Howie and Pamela on track to retire at 55?
The numbers look good, but to be sure they should "test drive" living on the income they plan to...
Retirement planning at every life stage
There’s no one right retirement for everybody, so you need to create your retirement plan to fit your individual...
Is Carol better off withdrawing all the money from her RRIF now?
At age 73, she believes this strategy will allow her to claim additional Guaranteed Income Supplement and and rent...
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What’s the best way to help a relative, financially?
At 30, David’s nephew is living on close to minimum wage, with no retirement savings. An RRSP isn’t the...
Good news: Your RRSP is probably in better shape than you think
In his new book, MoneySense contributor David Aston says a “basic” retirement at age 65 can be achieved with...
Can you have too much invested inside an RRSP?
If both members of a couple die with a huge combined RRIF, their heirs may share half the estate...
Is Dane, 50, on the right track with his early retirement strategy?
To bridge the gap between his last day of work, and the start of his defined-benefit pension payments at...
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Should you borrow to pay expenses on an investment property?
Garry, who’s retired, needs additional cash to cover the cost of maintaining a property he rents out. Should he...