Retirement Saving

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 […]

Super savers are a rare breed of person. They are unique individuals who manage to save huge sums of money. You can almost think of them as cash hoarders. Where you might be focused on upsizing your house or buying a new SUV, super savers have one goal in mind – putting money aside and […]

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 […]