Retired Money

Retired Money

Should you delay your retirement because of COVID-19?

Some are suggesting Baby Boomers set back their retirement by up to five years to give their investments time...

Should you delay your retirement because of COVID-19?

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When is the best time to start taking your CPP payments?

After a lifetime of contributions, Canada Pension Plan benefits can be worth, on average, more than $200,000—if you time...

When is the best time to start taking your CPP payments?

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Canadians are still paying too much in investment fees

Millennials and Gen Z missed the memo on how much management fees erode returns over the long term, according...

Canadians are still paying too much in investment fees

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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...

Good news: Your RRSP is probably in better shape than you think

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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...

Can you have too much invested inside an RRSP?

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How long will your retirement nest egg last?

Studies show that for every retiree who is spending too little, there is another one who is spending too...

How long will your retirement nest egg last?

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How to avoid tax-payment nightmares when RRIF withdrawals start

The solution to minimizing any tax shocks? Mimic the "taxed at source" treatment most employees experience. Here's how.

How to avoid tax-payment nightmares when RRIF withdrawals start

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The pros and cons of dividend investing

Sure, dividend income can be valuable at certain stages of life. Just don't romanticize it—or make it your everything.

The pros and cons of dividend investing

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Are GICs right for retirees who want fixed income?

Skittish investors like GICs' guarantee of their principal, but it’s important to look at the total return on your...

Are GICs right for retirees who want fixed income?

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