Retirement

As individuals approach retirement, they must decide when to start receiving their Canada Pension Plan (CPP) payments. While the standard…

Roger and Linda, like many Canadians, have saved for years for their retirement. They took advantage of RRSPs and now…

Retirement is a significant life event that requires careful planning and preparation. One of the most important aspects of retirement…

Managing personal finances effectively is crucial for long-term financial stability and security. However, many consumers often fall prey to common…

Harry and Sally both earned high incomes and liked to live the good life. They leased higher end European cars,…

As we age, it becomes more likely that we may lose track of our finances. It could be because of…

For many nearing retirement, lifestyle choices become more significant in determining their comfort level for the rest of their lives.…

It’s challenging to be patient in a fast-paced, immediate gratification world, but some things are worth the wait. Consider, for…

From listening to the media and online commentators, we have identified two key observations that can impact your efforts to…

With the turbulent times we have been experiencing in the markets, more people are considering annuities to ensure a certain income in their retirement years. It might not suit everybody to put some of their funds into annuities, and there is always the question of how much do you invest in them. There is no clear-cut answer, and you'll need to weigh your personal circumstances to see how annuities can fit into your retirement plans. One reason that you will find different reactions to the idea of an annuity is they come in several shapes and sizes, and offer different guarantees. You will probably need expert assistance in figuring out what works best for you. There are two main types of annuity: an immediate annuity and a deferred annuity, and you would buy them for different reasons.