How to use your savings to support your longevity
Canadians are living longer, and that has significant implications for our financial well-being. Here’s how to use your savings to support your longevity.
Canadians are living longer. How does that impact my retirement savings?
A good retirement plan aims to find a balance between maximizing life enjoyment and alleviating fears about running out of money in old age. And the fact that Canadians are living longer puts an even greater emphasis on a sound retirement plan.
Retirement timeline for physicians: How to prepare for a comfortable retirement
Retiring may be the furthest thing from a young physician’s mind. After graduating from medical school, completing a residency and establishing a practice, it might seem odd to start planning for a retirement that may be decades away.
What’s the best order for drawing your retirement income?
Each retirement income source has tax implications if drawn earlier or later, or left to your estate. Learn what to spend first and what to save as long as you can.
RRIF strategies to optimize your taxable income in retirement
Converting your RRSP to a RRIF is an important part of your retirement plan. Learn how to maximize your savings with well-planned RRIF withdrawal strategies.