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...
What’s the best way to pay down debt?
After buying her parents’ fixer-upper, Paula racked up $85,000 in debt. She’s looking for strategies to help reach her...
How to make sense of contradictory investment advice
Nat’s looking for help deciding which strategy truly is best: buy and hold for the long term, or sell...
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...
How does income from a rental property create RRSP contribution room?
And, perhaps more importantly, should Jerry, who’s retired, claim RRSP deductions or the capital cost allowance, to reduce his...
When should you stop contributing to an RRSP?
Denis is in his early 50s, with a modest income. Would contributing to a TFSA instead help him to...
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...
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...