Bridging the Gap: Planning for Retirement in Canada

Have you ever dreamed of retiring at 50 or 55, spending your days travelling, pursuing hobbies, or just relaxing with loved ones? It’s a vision many of us share, but making it a reality requires careful planning and discipline. The traditional retirement age of 65, as defined by the government and private pensions, feels like … Read more

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

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