Retirement

You must have lived in Canada for 10 to 20 years since turning 18 to qualify for Old Age Security (OAS). However, there are some exceptions. Living in a country …

When you leave an employer that offers a pension plan, your pension funds are transferred to a Locked-in Retirement Account (LIRA), where they stay invested until you retire. A LIRA …

No matter your age, planning for retirement is essential if you want your golden years to be as rewarding as possible. But what is the best age to retire in …

The Ontario Guaranteed Annual Income System (GAINS) is a monthly benefit that the government of Ontario pays to seniors who qualify. The program is designed to assist low-income seniors by …

Retirement is a long-awaited period for many people. You have no more daily commutes, noisy alarms, or rushed deadlines. With so much time, you can explore dozens of fun things …

Seniors in British Columbia are eligible for a wide range of discounts on everything from groceries to transportation to entertainment. Many different establishments offer these discounts to show appreciation for …

Using the senior discounts available in Ontario is a great starting point to reduce everyday expenses. Many establishments will give you up to 25% OFF if you’re 55 and older. …

The Old Age Security (OAS) pension starts at 65. While there were plans by Harper’s Conservative government to increase the eligibility age from 65 to 67 starting in 2023, this …

The TFSA, or Tax-Free Savings Account, is a Canadian investment account introduced in 2009. As its name suggests, any dividends, capital gains, or interest earned are tax-free. Originally, the TFSA …

One question I have gotten from readers is whether you can qualify for Canada Pension Plan (CPP) benefits if you have never worked in Canada. In general, the answer is …