5 ways to unlock RRSP tax savings

With registered retirement savings plan (RRSP) season now in full swing, here are five ideas that can help you take full ...

Why Cyril, 65, and Dina, 59, must downsize to make the most of their retirement

If Cyril uses the assets in his registered retirement savings plan (RRSP) between age 65 and 70, and delays his government ...

Below Average? How a 70-Year-Old Can Change Their RRSP Income Plan in January

January is the perfect time to sanity-check your RRSP at 70, because the “typical” balance is closer to the median than the ...

Why advisors need to start planning now for clients retiring mid-year

Retiring in the middle of the year requires more planning than a December exit, which offers a clean slate from a tax ...

The average RRSP at 40 isn’t enough: Here’s how to boost it

If you’re 40 and feel behind, the average RRSP balance is only $49,014, so a consistent plan can still catch up. The post The ...

Jennifer’s CPP, OAS and pension may not be enough income. Will RRSP, TFSA and other assets allow her to retire?

To confirm this, list out your current and future assets and income and project them into the future. Will you have ...
The Meaford Independent

3-Minute Financial Fix: RRSP Deadline & Contribution Guide

When the calendar turns to a new year, Canadians start thinking about one important date — the Registered Retirement Savings Plan (RRSP) contribution deadline. And for good reason: the decisions you ...

Why retirement is riskier for single Canadians, even if they've saved diligently

For single Canadians, the path to retirement can be more challenging without the second income and support a partner can ...