Saving for Retirement

The hidden costs of early RRSP withdrawals

An RRSP is excellent to save for retirement. But early withdrawals can come at a cost. 

How to keep more of your retirement income and pay less tax

Want to turn your savings into as much retirement income as you can? Try looking at your retirement income through a tax lens.

Should I consolidate my investments?

Consolidating your investments with one advisor can make it easier for you to reach your goals. And it will save you time in the long run too. Learn how.

What is a financial plan – and do I really need one?

A financial plan is a document created with a Certified Financial Planner (CFP) detailing your current money situation and long-term financial goals and ways to help you achieve them. Read on to see how a financial plan could help you.

How to avoid these 4 common TFSA mistakes

A tax-free savings account (TFSA) is a great tool for hitting your savings goals. But are you making the most of yours? Read on to make sure you’re not making these common mistakes.

TFSA or RRSP: When to use one over the other (infographic)

When deciding whether to save in an RRSP or a TFSA, the choice is basically to pay the tax now, or pay it later. But there’s more to consider.

Tools & calculators

Retirement savings calculator

Find out how much you will need to save for retirement and if you’re on track to meet your retirement savings goal. 

RRSP calculator

This tool will help you see how changing what you put in your registered retirement savings plan (RRSP) can affect your retirement savings. It will also show you what would happen if you took money out before you retire.

Annuity calculator

A life annuity can offer guaranteed retirement income payments for as long as you live. This annuity calculator will estimate how much income you can get and compare it to income from a GIC or RRIF.