Retirement Planning

Putting it off can pay

So you’ve been procrastinating on your retirement plan and now you’re worried. Don’t despair, there is hope and time. Here’s what you can do to make retirement work.

How much you need to save for retirement

Retirement planning is about managing your money so you can make the most of your retirement years. Your retirement plan should balance your needs, wants and the reality of your finances.

Ways to save for retirement

​​Deciding how and where you save your money is big part of your retirement plan. In Canada, the federal government and employers offer incentives to help you save money and build your retirement nest egg.

Canadian Retirement Income Calculator

This online tool will provide you with retirement income information, including the Old Age Security (OAS) pension and Canada Pension Plan (CPP) retirement benefits.

Retirement Series: Why having a Will in place is so important

Without a will, it would be much more difficult to get things done.

Getting the best service from financial advisors

If you’d like to invest through a financial advisor or want to know how to get the best possible service from an advisor, consider using these tips and resources.

Financial Consumer Agency of Canada Information & Tools

This site has some really useful information and tools.

Seniors and debt: not a good combo

In a disturbing new trend, more and more seniors are carrying debt into retirement. Seniors (60-plus) and pre-retirement debtors (50 to 59) are the fastest-growing risk groups, with rising numbers filing for bankruptcy.