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low-income seniors; low-income retirement

An older couple does stretches in a park

Retirement

OAS payment dates in 2024 and 2025, and more to know about Old Age Security

Here’s how Canada’s Old Age Security pension works, who’s eligible for OAS, when you can start receiving OAS, and...

OAS payment dates in 2024 and 2025, and more to know about Old Age Security
senior couple on balcony of home

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Why a reverse mortgage should be a last resort for most Canadian retirees

Reverse mortgages do the job of freeing up income for house-rich, cash-poor Canadian seniors. But their terms are often...

Why a reverse mortgage should be a last resort for most Canadian retirees
Two men discussing the RRIF withdrawal chart

RRIFs

Downloadable RRIF withdrawal rates chart 2024

How much can you take from your RRIF in 2024? That depends on your age. Check the rate for...

Downloadable RRIF withdrawal rates chart 2024
Woman researching her withdrawal exceptions for financial hardship

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Financial hardship withdrawal exceptions and increasing income in retirement

Money in a LIRA or LIF is intended to last a lifetime, making it difficult to access more than...

Financial hardship withdrawal exceptions and increasing income in retirement

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Celebrating 72nd birthday and converting an RRSP into a RRIF

Retired Money

How to cope with the RRSP-to-RRIF deadline in your early 70s

You don’t want to miss the conversion deadline at the end of the year you turn 71—you’ll be on...

How to cope with the RRSP-to-RRIF deadline in your early 70s

Retirement

Planning for retirement with little or no savings to draw on

Planning for retirement with little or no savings to draw on
A hygienist talks to a senior-age woman in a dental clinic

Budgeting

The new CDCP: Here’s when seniors can apply for the federal government’s dental plan

New details about the government’s dental plan for seniors, as well as people with disabilities, kids under 18 and...

The new CDCP: Here’s when seniors can apply for the federal government’s dental plan
A Canadian woman in her 60s, pondering if, as a senior, she should cancel her life insurance.

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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...

Should seniors cancel their life insurance policies?

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Kristine Beese in front of a mural saying "Believe We Can"

My MoneySense

Untangled Money’s Kristine Beese on why financial plans aren’t gender-neutral

Kristine Beese, founder and CEO of Untangle Money, has redesigned financial planning with women’s needs in mind. We asked...

Untangled Money’s Kristine Beese on why financial plans aren’t gender-neutral

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