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I've done the math: I should be able to retire at 66, with $550,000 in the bank — and not a penny more. How do I make it last?
Assume you are 56 and want to retire in 10 years with $550,000. While your savings may align with many others your age — ...
Rafael is 34 years old and his wife, Lucia, is 35. They came to Canada seven years ago “and have been lucky with employment,” ...
Advisor to Client: Converting your RRSP into a RRIF is more than just a financial shift, experts say
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 ...
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