The 4% withdrawal rule was established as a safe way to approach retirement withdrawals from your accounts and avoid depleting your portfolio too early. If you have read retirement articles, or books, you must be familiar with the rule by … Read more
The Canada Pension Plan (also known as CPP) is one of the main retirement income programs for Canadians. It is, in other words, a Canadian retirement pension plan that provides a taxable monthly income for retirees, if you qualify (i.e. … Read more
You’ve made it and now you are planning your retirement income but there is a bunch of tax implications to consider starting with understanding the old age security (OAS) pension. As soon as you reach 65 years old, you are … Read more
Do you have a retirement number? I have mine and it’s $1,777,777. A big number but not so scary if you systematically plan for it. You may wonder how I got to this number and it’s pretty simple. You work … Read more