Retirement Savings

The accepted wisdom in financial circles is that you should never take money from a retirement account early. Most advisers are strictly against the idea of withdrawing funds from a 401K, IRA, RRSP or TFSA. They will say it’s the same as stealing from yourself. And your future. However, the reality is that life happens. […]

A Registered Retirement Income Fund (RRIF) is an important component of many Canadian’s retirement plans. If you don’t have a traditional defined benefit pension plan and are responsible for their own retirement savings, a RRIF is arguably the most important thing to your pending retirement. A RRIF is the vehicle used to give Canadians a […]

Getting to retirement is a major accomplishment. Being able to stay retired is also an impressive feat. According to a Labor Force Transitions report published by the U.S. Federal Reserve Board, one-third of American retirees return to work on a full- or part-time basis. The majority do so simply because they need more money. Whether […]

Retirement can be an exciting time in life. After working diligently for years and through careful planning, you are now finally able leave the proverbial rat race. You can finally have time all to yourself. You’ve earned it! A secure retirement can provide much needed peace of mind. However, before taking this big life step, […]