Does the 4% Retirement Withdrawal Rule Work with Higher Inflation?
The cost of living continues to rise – at the fastest pace in decades. If you want to retire in the coming years, you might be wondering about the impact…
Do you need an RRSP if you have a Defined Benefit Pension?
Whether or not you have a defined benefit pension plan, the Registered Retirement Savings Plan (RRSP) offers two huge benefits in our book: A tax deduction from RRSP contributions made…
How You Can Take Advantage of Inflation
For years, after the Great Financial Crisis (GFC), inflation stayed low – until now. Are there ways to take advantage of inflation? Is some inflation good? How might you invest…
Best GIC Rates in Canada
As you well know, to build wealth, it takes more than savings to compound away to grow your portfolio into something meaningful. That said, keeping cash savings secure or guaranteed in…
How a Part-Time Job Can Save Your Retirement
As you well know from this site, we love case studies! We believe retirement or semi-retirement drawdown case studies can help people see themselves in such examples – offering investors…
Find your Balance with Andrew Hallam
Thanks to years of frugal living and disciplined investing, speaker and author Andrew Hallam is now helping you find your Balance. Years ago, while working as a schoolteacher, Andrew published…
When the RRSP actually beats the TFSA
In a recent post, we told you many reasons why the TFSA “wins” over the RRSP. Well, there are some cases in our opinion when the RRSP actually beats the…
TFSA vs. RRSP – Why the TFSA wins
A quick search will highlight lots of articles that debate whether it is beneficial to invest inside the Tax-Free Savings Account (TFSA) or use the Registered Retirement Savings Plan (RRSP)…
Should you use an All-Weather Portfolio?
Stock market volatility can and will happen, which can really spook many investors. To help with that, should you use an all-weather portfolio for changing market conditions? Would an all-weather…
Avoid These 5 Big RRSP Mistakes
The Registered Retirement Savings Plan (RRSP) is also one of our favourite accounts to build long-term wealth with, and the same should apply to you. On that note, it’s also…