Can You Use Funds from a Tax-Free Savings Account to Buy a Life Annuity?
The Tax-Free Savings Account (TFSA) is a popular savings vehicle in Canada that allows individuals to earn investment growth on[…]
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Tag: retirement
What Is the Best Age To Buy an Annuity for Canadians?
An annuity is a financial product that provides a guaranteed income stream for a set period of time or the[…]
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Plan Your Retirement with a RRIF or Annuity or a Combination of Both
There are two main choices in planning your retirement: a Life Annuity or a Registered Retirement Income Fund (RRIF) With[…]
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Will Your Retirement Income Last as Long as Your Retirement?
People are living longer. Half of men reaching 65 can expect to live to age 85 or longer and half[…]
Read moreFrom Ottawa, Metro: Consider annuities for a secure retirement income.
An interesting article from Sun Life explaining the virtue of a life annuity as guaranteed income. But there should be no[…]
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Retirement Planning and Deferred-Income Annuities
Most people today envision a comfortable style of living once they have retired. But the generation of workers that built[…]
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Does new RRIF legislation in the 2015 budget help you?
RRIF: Changes to the RRIF minimum withdrawal amounts are designed to let you preserve more of your retirement savings and[…]
Read moreSaving enough isn’t the only worry in retirement
My comments on “Saving enough isn’t the only worry in retirement” by Craig Sebastiano | May 15, 2014 from Benefits Canada. This[…]
Read moreHow living longer can hurt your retirement planning
My comments on a recent article in the Toronto Star “How living longer can hurt your retirement planning” by Moshe A.[…]
Read moreShould your life expectancy be part of your financial planning?
My comments on “Should your life expectancy be part of your financial planning?” by Garry Marr of the Financial Post. From[…]
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