Annuities are one way to generate income in retirement. There are different options you can add to the annuity you want to purchase. Find out more about annuity options and…
Here’s what I found on "retirement"
Locked-in retirement account (LIRA)
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Guaranteed minimum withdrawal benefit (GMWB) products
…deposit a lump sum of money In your pre-retirement years, say at age 55, you transfer money to the insurance company, either from your non-registered or registered plan savings, to…
Segregated funds explained
…guarantee. And you pay an additional fee for this insurance protection. On this page you’ll find 3 advantages of segregated funds 3 disadvantages of segregated funds Retail versus group retirement…
How are your investments taxed?
…investments are in a registered account, such as a Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP), it is tax-sheltered. This means your money grows tax-free while it is in the account, and it…
Preparing for financial emergencies
…give you peace of mind that you can handle life’s unexpected events without taking on debt or adding to your debt, or dipping into any other savings including your retirement…
Managing money in a second relationship
…save for retirement. Spousal RRSPs offer potential tax advantages in retirement if your income differ significantly Crunch the Numbers – Resolve outstanding and potential money issues with your new spouse…
6 money management tips for the sandwich generation
…their home as a way of funding retirement. Yet, the sale of a home and downsizing to a condo or apartment may preserve independence and avoid the need to move…
Worksheets
Try our downloadable tools to help you plan and budget. Personal information inventory (PDF) Monthly budget worksheet (PDF) Financial goals worksheet Gift budget worksheet Retirement budget worksheet (PDF) Retirement cash…
Small business & taxes
…versus an incorporated business Registered Retirement Savings Plan (RRSP) Ontario small business deduction Capital cost allowance Non-capital losses Manufacturing and processing tax credit Personal versus business taxes Business taxes are…
Small business & taxes
…versus an incorporated business Registered Retirement Savings Plan (RRSP) Ontario small business deduction Capital cost allowance Non-capital losses Manufacturing and processing tax credit Personal versus business taxes Business taxes are…