What is the Golden Rule of Retirement Planning?

It Doesn’t Have to Be Complicated Retirement planning can feel like a daunting task, but it doesn’t have to be complicated. With the right approach and a commitment to taking small but consistent steps, you can set yourself up for a comfortable and secure retirement. The golden rule of retirement planning is simple: Commit to … Read more

Where to Start with Retirement Planning?

The Dream of Freedom 55 In 1984, a slogan captured the imagination of Canadians: “Freedom 55.” Created by London Life Insurance Company, this phrase painted a picture of early retirement at age 55, where one could enjoy life before the physical and mental demands of old age began to take their toll. The idea was … 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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