Eventually, bringing additional care into the home or exploring a move to a retirement community becomes necessary for everyone’s well being. Yet, many Canadians struggle with how to…
Read more Helping aging parents understand retirement living optionsThe purpose of going through a planning process is to discover what is possible by playing out “what if” scenarios. Once you see a path that leads you…
Read more We’re 10 years apart. Can we retire together?When my family and I moved to Canada seven years ago, we spent months driving through neighbourhoods trying to decide where we wanted to build our life. Every…
Read more What replacing my tires taught me about planning for retirementCanadians expect a tougher retirement than their parents Of all age groups, millennials have the gloomiest outlook, with nearly three quarters (73%) responding that their retirement plans will…
Read more Canadians fear a tougher road to retirement—and plan to help their kids along the way“The decline of defined benefit and contribution pension plans has fundamentally shifted the burden of retirement planning on to individuals in recent years,” Christine Van Cauwenberghe, head of…
Read more With pensions declining, Canadians must plan their own retirement – MoneySenseOr, as U.S. retirement guru Wade Pfau recently put it, “A retirement income plan should be based on planning to live, rather than planning to die.” The Michael…
Read more In planning for retirement, worry about longevity rather than dying young – MoneySenseI had originally planned to focus exclusively on that book but ended up on a related project on my own site, which involved asking more than a dozen…
Read more The 4% rule, revisited: A more flexible approach to retirement income – MoneySenseWhen the time comes, RRSP, or registered retirement savings plan accounts, are converted to RRIF, or registered retirement income fund accounts, a change that needs to be made…
Read more From RRSP to RRIF—managing your investments in retirement – MoneySenseUS-based Wealth Enhancement has acquired independent registered investment adviser (RIA) Wise Wealth for an undisclosed amount. The transaction represents Wealth Enhancement’s 100th acquisition and adds Wise Wealth’s $464m…
Read more Wealth Enhancement acquires Wise WealthThe first can be regarded by retirees and those on the cusp of retirement as a must read: William Bengen’s A Richer Retirement, the long-awaited update of his classic…
Read more Who you gonna trust: Barry Ritholtz or Jim Cramer? – MoneySenseCPP/OAS strategy without other pensions You can begin your Canada Pension Plan (CPP) retirement pension as early as age 60 or defer it as late as age 70.…
Read more How to bridge the gap until an inheritance – MoneySenseWSJ ProOct. 10, 2025 5:52 pm ET TORONTO—Canada’s large public pensions might need to start investing more in Canadian businesses as the country tries to shield its economy…
Read more Canadian Pensions Might Need to Invest More Domestically, Official SaysThat’s a massive gap—and it’s widening at a time when more Canadians are rethinking their financial strategy. The survey of 1,045 Canadians found that 52% said economic uncertainty…
Read more Having a financial plan more than doubles your retirement confidence—here’s why so many Canadians are skipping it – MoneySenseWhen should you keep contributing to your RRSP? If you have a group RRSP with matching contributions from your employer, this provides a significant boost to your savings.…
Read more Why late-career savers need to be careful with RRSPs – MoneySenseChoosing where to live in later life is one of the biggest decisions you’ll make. Many people weigh the benefits of moving into a modern park bungalow against…
Read more Comparing park bungalows and traditional homes in the UK – Growing FamilyTaxation in Canada When you are working, your employer calculates the payroll deductions to come off your paycheque based on Canada Revenue Agency (CRA) payroll tables. If you…
Read more Retirement taxes explained: Withholding, clawbacks, and other surprises – MoneySenseRetirement remains a far-off — and in some cases, unattainable — goal for many Americans. About one in four adults over age 50 said they expect to never…
Read more Want to Retire One Day? Avoid 3 Common Retirement Mistakes | EntrepreneurIn fact, the proportion of Canadian women without biological children has been rising steadily, up to 17.4% of those over 50 in 2022. And family sizes are smaller than…
Read more How to plan for old age when you don’t have kids – MoneySenseThere’s no age limit when it comes to achieving significant financial milestones, but many people envision checking them off their list by a certain point in their lives.…
Read more Average Ages to Make 6 Figures, Buy a House, Save for Retirement | EntrepreneurCampaign honors women leaders, their achievements, and forward-thinking attributes for the next generation of insurance and financial services industry leaders CLEARWATER, Fla., March 18, 2025 (Newswire.com) – AmeriLife…
Read more AmeriLife’s “Empowering Voices” Campaign Celebrates National Women’s History Month