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 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…
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…