Today is the end of the RRSP season (I dropped by my bank to deposit a cheque, and saw that there was still mayhem and such). Â You can still today “do your RRSP” if you… Read More »RRSP Deadline Let the Taxes Begin!
Seriously, I have friends ask me that exact question, with little or no context to explain much else. What do they mean by this? I thought maybe you knew, because I usually answer with my… Read More »I did my RRSP and TFSA Now What?
The 4% draw down theory for withdrawing money from your RIF (your RRSP once you have changed it) has some interesting issues if you live too long.
The 4% draw down theory is that when you retire you withdraw at least 4% of your retirement savings each year (normally), but is that normal?
My brother sent me an interesting link from the NY Times An Adage Adjustment for Investors at Retirement (remember it has a pay wall), about whether today’s new concept of Seniors holding high equity stakes in their… Read More »What Will be the Equity Percentage when I retire?
