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

Financial steps for getting ready for retirement

…keep your retirement nest egg safe? How can you prepare for unexpected costs in retirement? What are other ways to prepare financially for retirement? Summary Why have a retirement plan?…

9 min read
Article

Profiles of retirement

…are satisfied with retirement, and pre-retirees have positive expectations and look forward to retirement. 77% of retirees are enjoying retirement and 67% of pre-retirees are looking forward to retirement. 70%…

6 min read
Article

Sources of income in retirement

…from. On this page you’ll find What investments can be a source of retirement income? Retirement income from government benefits Other considerations for managing your retirement income Summary What investments…

5 min read
Article

How Registered Retirement Income Funds (RRIF) work

A Registered Retirement Income Fund (RRIF) is an account that can give you a steady income in retirement. On this page you’ll find What’s a Registered Retirement Income Fund (RRIF)?…

8 min read
Article

Retirement Readiness: Canadians 50+

…plan: not enough Canadians have done any retirement planning. Get retirement advice: 9 out of 10 respondents felt financial advice in and approaching retirement would be useful. The most useful…

3 min read
Article

Budgeting in retirement

…expenses each month (pre-retirement) Your monthly income after retirement (pension, benefits, employment, etc) and your monthly expenses after retirement (including housing, groceries and essentials, travel, insurance, etc) Retirement Budget Calculator…

1 min read
Article

6 money tips for life in retirement

…you aren’t bringing in enough income in retirement, or you are spending more than you planned, there are easy ways to save more money and find extra income in retirement….

2 min read
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Investor News

…2019: Investor News: June is Seniors’ Month; Retirement Cash Flow Calculator; Living Your Retirement; Planning for Long-Term Care; Financial Abuse & more May 15, 2019: Investor News: Financial Fitness; Gig…

15 min read
Showing results 1-10 of 124