How much money do you need to retire in Canada? Is it really $1.7 million?
While $1.7 million is a big number, it’s possible to retire in Canada on that amount, if you start an RRSP early in life and…
Some older personal finance rules may no longer apply, experts say
Should you always save 10% of your income? Maybe not. Start saving for retirement in a Registered Retirement Savings Plan as soon as possible. Make…
Millennials, Gen Z try to build retirement savings
A Betterment for Business survey finds them struggling with conflicting priorities and a lack of advice. Members of Gen Z and millennials understand the value…
Appeal court overturns dismissal of pension class action
An Ontario court has ruled that pensioners’ interpretation of a cost-of-living clause should prevail Ontario’s appeal court has overturned a lower court decision dismissing a…
Burden of Debt A Worry For Many Canadians
CIBC POLL FOUND ONE IN FOUR CANADIANS SAID PAYING OFF DEBT IS MORE IMPORTANT THAN BUILDING THEIR SAVINGS The burden of debt is top of…
A workplace pension could be worth three times an RRSP — yet only 37% of Canadians have one
A workplace pension could be worth three times an RRSP — yet only 37% of Canadians have one Jason Heath: Canada’s pension coverage lags G8…
Seniors & Money
Running out of money before they die and not being able to pay for long term care top the list of financial fears of seniors,…
Don’t Let Fees, Taxes Undermine Your Retirement Plan
The stock market produced big gains in the past and investors dream about retiring on similar returns in the future. But their plans might be…
Thirty-something Couple, With a $1,000 A Month Golf Habit, Want to Retire By 55. Can They Do It?
They also want to give their two children $30,000 each for weddings or a good start in adult life Situation: Couple in mid-30s wants to retire…
Pension Plans Using Risky Assumptions: Report
Public sector plans may be miscalculating future payout obligations Many public sector pension plans are too risky in their approach to estimating future payout obligations,…