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…
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…
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…