What is the Guaranteed Income Supplement (GIS) and What is the Maximum Income to Qualify?
Subscribers to our site know we’ve covered a number of important government benefits topics in recent weeks. We’ve done this to respond to a few reader questions but also dig…
What is Old Age Security (OAS) and What is OAS Clawback?
Subscribers to our site will know we’re still many years away from taking our Old Age Security (OAS) benefits. That said, just like the Canada Pension Plan (CPP), Old Age…
What is Canada Pension Plan (CPP) and How Does it Work?
Readers of our site will know we’re many years away from taking our Canada Pension Plan (CPP) benefits. That said, for many Canadians, CPP is a major retirement income source…
Investing in Index Funds and/or ETFs – What is Index Investing and Why it Matters
There are a lot of ways to invest. Yet one of our favourite ways to invest for long-term wealth building is via investing in index funds and/or ETFs. What is…
How to Automatically Reinvest Dividends
Since writing the article on the basics of dividend investing, we’ve read a few questions about the dividend strategy, but one question, in particular, stands out – how to automatically…
Best High-Interest Savings Accounts in Canada
Looking for the best high-interest savings accounts in Canada? We’ve got you covered with this comprehensive post that focused on the best rates available with no service fees. Why cash…
Is Dividend Investing Right for You?
If you’re already investing in some of the low-cost ETFs we’ve highlighted on our site, chances are, you’re already invested in some dividend-paying stocks. A reminder you can find some…
What is a RRIF? How Does a RRIF Work?
Synopsis: In this article, we’ll dig deep into RRIFs answering questions like: what is a RRIF? How does a RRIF work? Then we’ll dig into the details like the pros/cons,…
The Best Free Retirement Calculators
If there is one predominant concern from our readers here at Cashflows & Portfolios, it’s about sound retirement cash flow planning. That’s probably not too surprising. These are some of…
How Much Do I Need to Save to Retire by 60?
How much do you need to save to retire by age 60? Can retirement occur at all despite not really saving for retirement until age 45? Waiting to save for…