Saving for retirement

Pay off debt or save for retirement: How do you decide?

Is it better to pay off your debt or save money for retirement? This is a dilemma Canadians face daily. We’ll try to shed some light on this vital question. 

Pay off debt or save for retirement: How do you decide?

Is it better to pay off your debt or save money for retirement? This is a dilemma Canadians face daily. We’ll try to shed some light on this vital question. 

  • September 16, 2021

    When should you start CPP/QPP and OAS benefits?

    You can start collecting your CPP and OAS benefits in your early 60s. But is it better to hold off for another few years? Here’s what to keep in mind before you tap into these pensions.

  • July 22, 2021

    Who are individual pension plans for and how do they work?

    If you’ve hit your RRSP contribution limit and you fit certain criteria, an individual pension plan is another way you can save for retirement while saving tax.

  • July 15, 2021

    4 succession planning tips for small-business owners

    Thinking about handing over the reins to your business? These tips will help you create an effective and tax-efficient succession plan.

  • June 15, 2021

    What is an insurance GIC? (video)

    See how an  insurance GIC can give you guaranteed returns, predictable growth and freedom from worry about market ups and downs. 

  • May 27, 2021

    What are the main types of employee pension plans? (video)

    If you have an employee pension plan, it’s likely one of two kinds. Find out how each type of employee pension works. And see how understanding your own pension plan can help you make the most of your retirement savings.

  • May 25, 2021

    How to retire with a mortgage

    Pay off your mortgage before you retire, they say. Put the money you were spending on your mortgage into retirement savings, they say. But what if you can’t?

  • May 12, 2021

    How RRIFs work

    A registered retirement income fund (RRIF) is a common way to turn your retirement savings into income. But what is a RRIF and how does it work?  Here are some important facts you need to know.

  • May 04, 2021

    What is a RRIF? (video)

    You can't keep your retirement savings in an RRSP forever. See how a RRIF gives you a way to turn your RRSP into income to help pay for your retirement. 

  • April 20, 2021

    What is a payout annuity? (video)

    Looking for a worry-free way to meet your retirement income needs? See how a life annuity can convert your savings into guaranteed income payments for life.

  • March 15, 2021

    What is a TFSA? (video)

    Find out how a TFSA is a smart way to save and see your savings grow – tax-free.