…Thaler suggested that a firm change their employee retirement savings plan so that annual contributions increased by default. This led to a nearly 300% increase in savings rate. One small…
Here’s what we found on "retirement"
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
Search results
Showing results 101-110 of 137 Article Article Article Article Article Article Article Article Article Article
Mental accounting
…that we divide our income into separate groups in our minds. We may partition our income into separate mental accounts for food, housing, transportation, shopping, entertainment and retirement savings. We…
OSC in the Community
…the Community events are free and available to all Ontarians, including consumer and investor groups, community groups, multicultural groups, newcomers, retirement communities, and clubs and associations. We partner with organizations and…
Hedge funds
…funds may be eligible for RRSPs and RRIFs, but that doesn’t make them a good choice for retirement savings. Hedge funds can be very risky. You should not invest in…
Questions to ask when buying mutual funds
…to balance risk and return more moderately could invest in a balanced mutual fund that buys a mix of stocks and bonds. An investor approaching retirement might be less comfortable…
How to buy a mutual fund
…for how long you’ll be investing for. For example, a young investor potentially has many years to invest. But if you’re approaching retirement, you may need to get your money…
Your home as an investment
…financial plan could include selling your home in the future to build your retirement fund or grow your wealth. On this page you’ll find How could buying a home fit…
Helping your child buy their first home
…gift to your child. Caution Think carefully about taking on debt to help out your children. Make sure you are on track for your own retirement and other financial goals….
Create a balanced budget
…Money leftover after paying your bills can be put towards savings. Consider short-term savings goals such as an emergency fund, as well as longer-term savings goals such as retirement planning….
When to review your budget
…Review your budget as life changes Review your budget when you: get a promotion or new job lose a job get married or divorced have a baby approach retirement lose…