Definition

Locked-in retirement account (LIRA)

An account that holds money moved out of a pension plan. You may use one if you are changing companies... Read Full Definition

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Article

How to manage money as a couple

…– RESP) Planning for retirement (perhaps with an Registered Retirement Savings Plan – RRSP) Try our Love and Money Quiz to help you start talking about money as a couple….

8 min read
Article

What is a TFSA and how does it work?

…an emergency fund of several months’ worth of savings. Or your TFSA could be part of your retirement savings plan, alongside an RRSP or other sources of retirement income. In…

5 min read
Learning Path

Annuities

Annuities are an investment that can generate a steady income in retirement….

Learning Path

RRIFs

You open a Registered Retirement Income Fund with funds from your RRSP….

Learning Path

RRSPs

A Registered Retirement Savings Plan grows your savings tax free until you retire….

Article

Types of investments

…few years away. Annuity Annuities are most commonly used to generate retirement income. An annuity is a contract with a life insurance company. You deposit a lump sum of money,…

6 min read
Article

How to better handle a bear market

…will need to draw on your investments (i.e., retirement), then you might want to talk about rebalancing your portfolio to avoid a major loss at the wrong time. Take action…

3 min read
Article

Tips to be a smart investor

…a new home, higher education, marriage or retirement. It provides you with an action plan and can instill financial discipline. Life can also present you with unexpected events and unplanned…

3 min read
Article

Top 10 New Year’s resolutions for investors

…your financial priorities. Have they changed? Do you want to buy your first house, or is saving for retirement your main goal? Ensure your savings and investments are in-line with…

4 min read
Showing results 81-90 of 125