Is it Possible to Retire at 32 with a $1M Portfolio?
Advocates and passionate followers of the Financial Independence, Retire Early (FIRE) movement have been ripped by some financial professionals for years now because financial planning is now harder than ever,…
When is the Best Time to Start Collecting CPP?
You might already know you can start collecting your CPP (Canada Pension Plan) benefits as early as age 60. Should you collect CPP at age 60? What about age 65…
Why You Should Take CPP at Age 70
To help make good financial decisions today, that impact your tomorrow, you need to make some assumptions about the future. When you should take your Canada Pension Plan (CPP) benefit…
How Soon Can You Retire Using Your RRSP?
You’ve been told to use your Registered Retirement Savings Plan (RRSP) to save diligently for retirement. But, how soon can you retire using your RRSP? Might it be better to…
Can you retire using just your TFSA?
The opportunity for Canadians to save and invest tax-free over decades could be considered one of the greatest wonders of our modern financial world. This begs an important question: If…
Preserving Wealth – Getting Retirement Income Planning Right
At Cashflows & Portfolios, we’re passionate about preserving wealth, and getting retirement income planning right. That includes being tax efficient as part of our own retirement drawdown plans and helping…
Managing Sequence of Returns Risk in Retirement
It has been said that timing is everything. When it comes to drawing down your retirement savings – this is very true and any draw-down plan when the markets are…
Retirement on a Lower Income using Guaranteed Income Supplement (GIS)
Subscribers to our site will know we’ve covered a few retirement income case studies on our site (we’ll link to those a bit). This one, however, might be the most…
Why the 4% Rule Doesn’t Work for Early Retirement (FIRE)
The 4% rule is a common rule of thumb in many retirement planning circles, including the Financial Independence, Retire Early (FIRE) community in particular. What does the 4% rule actually…
Three Pillars of Canada’s Retirement Income System
Canada’s retirement income system can seem very complex and overwhelming to many Canadians, so we want to break down this system into more manageable and easier-to-understand parts. Today’s post will…