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Should I use retirement savings to pay off credit card debt?

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Should we draw down my spouse’s RRIF faster?

The benefits of depleting savings to avoid estate taxes depends on many variables. But if you live a decade...

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How to allocate a RRIF for secure income in retirement

Should you hold equities? Fixed income? An annuity? Or all three? Financial advisors debate the options in today’s “tariffied”...

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Should I draw down my RRIF to avoid estate taxes?

Yes, your estate will pay a high rate of tax on your RRIF when you die. But it usually...

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Can you make RRSP contributions after age 71?

Here’s why you might see an RRSP deduction limit on your notice of assessment, even when you’ve already converted...

Retired Money

How to make sure you have enough money to fund your RRIF withdrawals

Once you start RRIFing, how do you make sure you have enough cash, and should you dial down risk?

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When and how should I start drawing on my retirement savings?

There’s more than one way to optimize your income after retiring. Some strategies can boost wealth, and others may...

Retired Money

Why “unretirement” may be the fate of so many Canadians

Economic uncertainty, inflation and the decline of workplace pensions have left growing numbers of seniors unable to leave their...

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How RRIF withdrawals work when you have multiple registered accounts

Canadians must begin taking RRIF withdrawals the year after converting an RRSP. What happens if you convert only part...