While many think of CPP as an income stream, I believe envisioning it as an investment account holding a 25-year high-interest rate GIC can lead to better decisions in terms of when retirees should elect to start receiving the pension....
Millions of Canadians are enrolled in a benefits plan that provides health and dental coverage, as well as other benefits that can help you protect your loved ones and plan for the future financially....
It’s safe to say we spend a lot more time figuring out how we’re going to save for retirement, than how we’re going to withdraw those savings. Here are some tips that may help....
Retirement can provide the opportunity to reinvent yourself and enjoy a new phase of your life...
We often hear people asking about what the keys are to life and how to find happiness. Here are the things I have discovered that lead to a happy and fulfilling life....
I am probably like many of you. During Covid,I have spent a lot of time indoors and haven't been moving near as much as I should. There are a few extra pounds and I lose my breath a little faster than I use to....
You make enough income that you can leave money inside the corporation and defer personal income tax until later. You will eventually face the tax bill when the money leaves the corporation but it is deferred. ...
Recently the 2022 information for CPP was released. The maximum pensionable earnings for 2022 will be $64900. Your contribution as an individual will be 5.7% to a maximum of $3499.80...
If you start CPP before age 65, your pension is reduced by 0.6% per month, or 7.2% per year. That would mean a 36% reduction in your pension at age 60....
We even have a burgeoning home-equity loan industry to help the home-rich but cash-poor stay in their houses after retiring. But as Paul Brent reports, home ownership doesn’t always make sense for retirees....