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Should Canadians keep their investment accounts when retiring abroad?

For Canadians who plan to retire to other countries, here’s a primer on the tax implications of leaving accounts...

Earn

What is the CPP enhancement?

Contributions to the Canada Pension Plan have gone up in 2024. Here’s why, and how much more you’ll pay...

Retired Money

Inflation a scourge for retirees? Ottawa’s silver lining(s)

Inflation and taxes—both can affect retirement income. Thankfully CPP, OAS and GIS have inflation indexing. Here’s how it may...

MoneyFlex

The best way to save for retirement in your 20s

Financial experts often tell young people to start investing early to benefit from compound growth. But what if you...

Ask a Planner

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...

Retirement

What’s the average monthly retirement income in Canada?

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Investing

Should retirees pay off their mortgages with investments?

A bank advisor tells a just-retired Canadian that using investments to pay off a mortgage is not a good...

Retired Money

Infinite banking in Canada: Should you borrow from your life insurance policy?

The “Infinite Banking Concept” is gaining popularity with Canadian retirees—but it’s not right for everyone. Here’s how this leverage...

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RRIF withdrawals: What should seniors with million-dollar portfolios do?

Seniors with large retirement accounts face a big tax-deferred liability. Which tax and estate planning strategies might help?