Tag Archives: rrsp

Sad intros to investing: what I – and my adviser – did wrong


It was an ad in the subway that inspired me to start contributing to an RRSP at the hot young age of 21; the ad featured a simple but colourful graph that showed how investing in your 20s would get you that much further ahead than starting in your 30s or 40s. MORE

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Financial concerns of younger versus older seniors


Until relatively recently, most people who retired after decades of work had been employed at one or two jobs their entire lives, had little or no debt and had a pension income that was unlikely to change over time. MORE

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Pensions: transitioning from an employer with a DB plan to one with a DC plan


Much of the debate over the proposed expansion of the Canada Pension Plan (CPP) into a “Big CPP” is based on the desire to give ordinary Canadians the equivalent of the solid defined benefit (DB)pensions that many employers are trying to eliminate. MORE

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Navigating your first tax refund


So you’ve just left the office of your accountant or local tax filing joint, or logged off your online tax filing software. With a massive grin on your face, visions of cars, shoes, trips and trinkets start dancing through your head. MORE

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When to convert an RRSP to a RRIF – early, at the last possible moment, or not at all?


Thoughts of converting a registered retirement savings plan (RRSP) to a registered retirement income fund (RRIF) can make one feel a tad old. Put a positive spin on things, and consider the switch to be a financial opportunity. MORE

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