Sandra Abdool, a regional financial planning consultant at RBC, says having money outside of your RRIF can help you avoid making big withdrawals and facing a large tax hit if you suddenly find ...

There is no maximum to your RRIF withdrawals in any given year, but you may incur a significant tax hit if the amount is ...

Transitioning from saving to spending in retirement can be tricky, but devising a strategic plan, rather than taking a ...

But there's a major drawback to having a traditional retirement account. Once you turn 73, you'll be forced to take required minimum distributions, or RMDs (though for workers born in 1960 or later, ...

Read here for wealth-building strategies for every age: maximize compounding in your 20s, focus on growth, then shift to ...

You've probably got a lot on your end-of-year to-do list -- holiday shopping, meal prep, maybe a trip to plan. You may have ...

“I never thought something like this could happen to us," he said. "These policies were sold to us as part of a retirement ...

I'm Almost 50 And Don't Have Enough Retirement Savings. What Should I Do? Don't Panic. Here Are 6 Solid Ways You Can Catch Up ...

Oh, hi again. In today’s edition, we’re talking about a new reverse mortgage that promises rate stability for life, a ...

You can supplement CPP income by holding the iShares S&P/TSX 60 Index Fund (TSX:XIU) in a TFSA. The post Is it Better to Take ...

Dave Ramsey is a man of strong opinions, especially when it comes to retirement. The personal finance guru is famously ...

Planning and prep must be done much the same way if you want to have a comfortable and cozy retirement too. There’s no switch ...