…If renting a home is more realistic for you, then this also gives you some clarity. You can focus on other long-term goals such as saving for retirement, running a…
Here’s what I found on "retirement"
Locked-in retirement account (LIRA)
Search results
What are ways to borrow money for investing?
…to buy on the margin, you must have a margin account. This type of investing cannot be done in registered accounts such as a Registered Retirement Savings Plan (RRSP) or…
When to review your budget
…job. You start a new education program. You move to a new home. You get married or divorced. You have a baby. You’re approaching retirement. You lose a loved one….
Medical and attendant care expenses
…paid for attendant care in your home or someone else’s home, a retirement home, a seniors home or other institution. The attendant must be age 18 or over and can’t…
What to ask if you need to borrow money
…Registered Retirement Savings Plan (RRSP), you could get an RRSP loan as a way to contribute. Using an RRSP loan can ensure you contribute to your RRSP before the annual…
Strategies to pay down debt
…pay off that debt much faster. If you are considering cutting monthly contributions to your retirement savings or other large investment goals, it may be better to continue with smaller…
Saving versus investing
…rate of inflation over longer time periods. This makes investing ideal for long-term goals such as retirement, a home purchase or future income. If you’ve already established a savings habit and…
How does compound interest help your money grow?
…rates than fixed-term GICs. Learn more about GICs. Any investment held in a registered account like a Registered Retirement Savings Plan (RRSP) or Tax-Free Savings Account (TFSA) your earnings can…
Kids and money: making sure the message hits home
…prepare for retirement.” 7. Use memory aids Finding ways to help your child remember their money lessons – whether it’s an acronym, a list or a golden rule – can…
What happens to your RRIF when you die
…a grandchild Summary Why naming a beneficiary for your RRIF matters What happens to the money in your Registered Retirement Income Fund (RRIF) after your death – and the taxes…