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Retirement income

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News

Changes to Canada’s tax brackets, CPP contributions and more in 2025

It's a new year. What financial changes will take effect in Canada in 2025?

Changes to Canada’s tax brackets, CPP contributions and more in 2025
Canadian retiree looking at the 2025 tax brackets adjusted for inflation

Retired Money

What retirees need to know about tax brackets for 2025

Those at or near retirement need to account for slightly higher tax brackets, as well as higher Basic Personal...

What retirees need to know about tax brackets for 2025
A dad and teenage son hug while playing basketball on their driveway

Save

How much money should I have saved by age 40?

How much money should I have saved by age 40?
A Canadian senior, reading her income statements, wondering, "How much income can I earn while getting OAS?"

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How much income can I earn while getting OAS?

If you continue working in retirement, it could cause a clawback on your OAS. Here’s how to figure out...

How much income can I earn while getting OAS?

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woman commuting to work on bus

Retirement

How to plan for retirement when you have no pension

Practical advice on how to build your retirement savings for employees at mid-career, the self-employed, single parents and more.

How to plan for retirement when you have no pension
A Canadian retired couple walking together on a street, thinking about decumulation.

Retired Money

What is Sun Life’s new decumulation product?

While not guaranteed like an annuity, MyRetirementIncome is a flexible and simple financial product for those needing to convert...

What is Sun Life’s new decumulation product?

Ask a Planner

Should you invest an inheritance in an RRSP or a TFSA?

A Certified Financial Planner provides perspective on the TFSA vs. RRSP question for a couple in their late 50s...

Should you invest an inheritance in an RRSP or a TFSA?
Carpenter works on home improvement project

Renovations

How to renovate your home on a fixed income

Spending thousands of dollars on upgrades to your living space can be daunting for seniors. Here are some financing...

How to renovate your home on a fixed income

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How to plan for taxes in retirement in Canada

In retirement, some income is not subject to withholding tax, and you may potentially owe tax after filing each...

How to plan for taxes in retirement in Canada

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