SIX MISTAKES
RETIREES MAKE WITH THEIR FINANCES
And How to Avoid Them
For investors over age 55 who are planning to retire or have already retired and who want to avoid costly mistakes
TOPIC

A Retiree’s Biggest Mistake and How to Avoid It
Is Your Retirement Plan Protected from Market Meltdowns?
Two Ways to Potentially Get An Immediate Increase in Your [...]

As a part of retirement planning annuity income can compliment other incomes you are receiving. There are two types of annuities – “life” and “term certain.” Both these types of annuities can be registered and non-registered. This article will outline the details of life annuities and suggest reasons why you may wish to consider [...]

Perhaps the biggest retirement question we face is, “Will I have enough?” Most of us want to know that we’ll have a steady base level of retirement income that won’t run out too soon. Traditional investment vehicles such as bonds, T-bills, and term deposits are often popular choices to achieve the retirement goals of income [...]

Selecting between a RRIF or an annuity could be your most important retirement decision.

RRIFs are now favoured over annuities by most retirees contemplating their RRSP maturity options. In making the decision between a RRIF and an annuity, the following factors should be considered:
Guaranteed Payments
This is perhaps the biggest advantage of an annuity. With an annuity [...]

Employees leave their jobs for a number of reasons on both a voluntary and involuntary basis. An employee may have voluntarily retired prior to their expected retirement date, or may have been encouraged to retire early through the offer of certain other payments from their employer.
Additionally, they may have been terminated by their employer due [...]