What Age Should You Retire?
Saturday, August 14th, 2010 Posted in Retirement | No Comments »Are You Ready to Retire? Everyone knows that the general retirement age is 65, which is when people feel they will retire. However, for some retiring at the age of 65 is too late, while retiring at that ...
Tips for Saving For Retirement in Your Later Years
Sunday, July 18th, 2010 Posted in Retirement | No Comments »Later Years Retirement Saving Tips In a perfect world, we would all save for retirement early but life has a way of getting into the mix and changing things around us. Sometimes it can be difficult to make ...
Saving For Your Retirement
Friday, June 11th, 2010 Posted in Retirement | 2 Comments »Retirement Planning We all want to save for our retirement and we all know that hoping to win the lottery is a fool's quest that should not be relied upon. You want to save as much money for ...
RRSP or Registered Retirement Savings Plan
Saturday, May 22nd, 2010 Posted in Retirement | No Comments »Understanding Your RRSP Retirement is approaching for the Baby Boomers and that has many thinking about their RRSPs. Many Baby Boomers have been contributing to their RRSP for many years now, but how many actually know what is ...
What Is An RRSP – Part 4 (Final Part) – Miscellaneous
Sunday, March 30th, 2008 Posted in Retirement | 1 Comment »Miscellaneous Income can be earned in many forms. When your savings accounts pay interest, that is income. When your mutual funds pay distributions, that is income. When your stocks pay you more stocks, that is income. The amount you save ...
What Is An RRSP – Part 3 – Disadvantages of a Registered Account
Tuesday, March 25th, 2008 Posted in Retirement | No Comments »Disadvantages of a Registered Account The account is registered with Canada revenue Agency (CRA). That’s where the term registered comes from. You are only allowed to deposit so much money. Withdrawals are restricted. You are ...
What Is An RRSP – Part 2 – Advantages of an RRSP
Wednesday, March 12th, 2008 Posted in Retirement | 1 Comment »The following is an Excerpt from my first book Invest Now. Invest Now is jam-packed with timely information and timeless advice for the beginning Canadian investor. Invest Now covers a broad range of topics including RRSP. Invest Now is available ...
What Is An RRSP?
Tuesday, February 26th, 2008 Posted in Retirement | 1 Comment »The following is an Excerpt from my first book Invest Now. Invest Now is jam-packed with timely information and timeless advice for the beginning Canadian investor. Invest Now covers a broad range of topics including RRSP. Invest Now will be ...
Minor RRSP – Restrictions
Friday, May 18th, 2007 Posted in Retirement | No Comments »Not all financial institutions allow minors to have RRSP. Most of the banks and big fund companies (like CI Funds) will allow minors to open an RRSP. Some institutions might put restrictions on minor accounts such as: a co-signer is required ...
Advantages Of An Early Age RRSP
Monday, May 14th, 2007 Posted in Retirement | No Comments »There are many advantages of opening an early age RRSP. The followings are a few to mention: No actual contributions have to be made in the RRSP. Contributions can be made anytime later on. There is no time limit. Accumulates ...
