How To Save For Retirement in Canada
While there are government plans that provide income to seniors in Canada, saving for retirement is a must if you plan on living comfortably and ticking off all that ‘stuff’ on your bucket list....
Read Moreby Enoch Omololu | Updated Feb 5, 2021 | Retirement Planning
While there are government plans that provide income to seniors in Canada, saving for retirement is a must if you plan on living comfortably and ticking off all that ‘stuff’ on your bucket list....
Read Moreby Enoch Omololu | Published Jan 16, 2021 | Retirement Planning
I have previously written about reasons to take CPP early at age 60. In this post, I cover some reasons why you may want to delay taking CPP until age 70 instead of the standard 65 years. Obviously,...
Read Moreby Enoch Omololu | Published Jan 6, 2021 | Retirement Planning
Retirement planning is not something you do overnight. It takes a lot more effort and time and requires you to answer all-important questions including how much money you need to retire and at what...
Read Moreby Enoch Omololu | Published Jan 1, 2021 | Retirement Planning
Planning and organizing your retirement is one of the most rewarding tasks you can do for yourself. Starting early and not waiting until your last day on the job, ensuring you have the required...
Read Moreby Enoch Omololu | Published Jan 1, 2021 | Retirement Planning
The Canada Pension Plan (CPP) is a retirement pension benefit paid out by the Federal Government to eligible individuals or their families. The amount received is based on what you have contributed...
Read Moreby Enoch Omololu | Published Jan 1, 2021 | Retirement Planning
As older Canadians near retirement, an understanding of pensions and other retirement benefits become very important. Retirees are often interested to know the differences between CPP and the Old...
Read Moreby Enoch Omololu | Published Jan 1, 2021 | Retirement Planning
The Old Age Security (OAS) pension is one of the three main pillars of Canada’s retirement income system. The two other pillars are the Canada Pension Plan (CPP) and Employment Pension...
Read Moreby Enoch Omololu | Published Dec 27, 2020 | Retirement Planning
The RRSP which in full reads as “Registered Retirement Savings Plan” is a sheltered account provided by the government to Canadians to help them save for retirement. The RRSP account has...
Read Moreby Enoch Omololu | Updated Jan 17, 2021 | Retirement Planning
It’s that time of the year again when you get around 60 days to catch up on your RRSP contributions for the previous year. An RRSP account keeps your investments tax-sheltered (until withdrawal) and...
Read Moreby Enoch Omololu | Updated Feb 4, 2021 | Retirement Planning
What happens to your pension benefits if you decide to relocate or retire outside of Canada? The reality is that an increasing number of Canadians are choosing warmer climes and destinations with a...
Read MoreI am not a financial advisor. The content on this site is for informational and educational purposes only and is not intended as a substitute for professional financial advice. Always consult with a licensed financial or tax advisor before making any decisions based on the information you read on this blog.
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