Thursday, March 4th, 2010
Proposed changes to the Canada Pension Plan (CPP) may affect your decision on when to retire and begin drawing benefits.
The changes, to be phased in starting in 2011, would mean higher payouts for those who wait beyond age 65 and less for those who collect earlier. (more…)
Tags: Retirement Planning
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Monday, November 2nd, 2009
Now that you’re in your 50s you’ve probably asked yourself this question a number of times:
How much do I need to retire?
The answer to that question depends very much on the lifestyle you envision in retirement.
Perhaps you want to travel the world or trade your expensive house in the city for a smaller one in the country, and just enjoy yourself. But no matter what your goals are in retirement, financial planning at this stage forces you to admit that your retirement is almost here and you have to make some critical decisions. (more…)
Tags: Investments, Mutual Funds, Retirement Planning, RRSP
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Friday, October 16th, 2009
Canadians are taking increasing control of their financial futures, especially when it comes to retirement planning. Gone are the days when employees could rely entirely on corporations or government to provide for their retirement income. And with today’s longer life expectancies, it becomes even more critical to plan for the future, simply because there’s going to be so much of it! (more…)
Tags: Mutual Funds, Retirement Planning
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