Retirement Schemes: Annuities, RRIFs, and Home Equity

Cat And Mouse Games The schemes described in this story may seem far-fetched but they are actually very common. The most popular one is called an annuity. Annuity Simply put, an annuity is a contract between you and a financial institution (usually, but not always, a life insurance company). The issuer accepts and invests funds … Read more

Mastering Retirement: Time, Money, and Opportunities

How would you describe retirement in a nutshell? Many people have interesting ideas of what their ideal retirement would look like and I’m no exception. Naturally I expected the best case scenario for my retirement. Can you imagine my surprise as the reality of a pandemic hit home early into my retirement. Definitely didn’t see … Read more

What You Need to Know about Avoiding Lifestyle Creep

Are you a Creeper? On the surface, you look successful. You’ve been climbing up the career ladder with one higher paying position after the next. You earn raises and bonuses. Yet, your savings are low and your life goals still lie far out of reach. If that’s you, you may be experiencing lifestyle creep that … Read more

Planning a Budget That Sets You Free to Enjoy Life

Wouldn’t it be great to have enough money to live your life to its fullest, while still putting away plenty for a rainy day? Your dream can be your reality. If you’re willing to plan and stick to a budget. A well-planned budget enables you to do the things you need to do. And it … Read more