The Plan: Convert the LIRA to a LIF and unlock half the value, then convert his RRSP to a RRIF and begin withdrawing. Defer ...

For clients saving for retirement without the benefit of a workplace pension plan, that leaves a lot of work for the CPP and ...

The Canada Pension Plan (CPP) is one of your most valuable retirement assets, but claiming it at 60 can have lasting ...

Keeping track of when federal benefits arrive helps Canadians plan their monthly budgets and manage expenses effectively. The ...

In this article, we will explore the implications of the indexation, the confirmed payment schedule, budgeting strategies, and how to align your CPP with Old Age Security (OAS) payments. What the 2% ...

Trina Paul is a Breaking News and Personal Finance Writer at Investopedia, covering topics like retirement, consumer debt, and retail investing. She focuses on making complex financial topics ...

Financial experts often recommend waiting until age 70 to claim Canada Pension Plan (CPP) to maximize benefits — but many Canadians aren’t planning to wait that long. In fact, data from the Government ...

Retirement at 65 is no longer a deadline for Canadians—it’s a choice. The post Your Retirement Date, Your Choice: Why 65 Is Just a Number for Canadian Seniors Now appeared first on The Motley Fool ...

Many high earners delay retirement despite having sufficient wealth due to identity attachment and loss aversion. The poster saved twice his retirement target by 55 but delayed to 57 chasing $6M more.

Boston University has extended early retirement offers to some of its tenured professors, a cost-saving measure to buttress the school’s budget amid mounting financial pressure. The buyout offer is ...

The “right” safe starting withdrawal rate is a moving target, depending on equity valuations, bond yields, prospects for inflation, and a retiree’s own life expectancy and asset allocation, among ...