Retirement Income

Tackling changes to your Retirement Income Plan

[By Robb Engen, Financial Independence Hub] Spending money is easy. Saving and investing is supposed to be the difficult part. But there’s a reason why Nobel laureate William Sharpe called “decumulation,” or spending down your retirement savings, the nastiest, hardest problem in finance. Indeed, retirement planning would be easy if we knew the following information … Read more

How Ontarians can get early access to money in locked-in accounts during Covid-19

[By Rudy Mezzetta, Advisor’s Edge] Ontarians experiencing financial difficulty resulting from the Covid-19 pandemic may be able to access money from their company pension plans, their Locked-in Retirement Accounts (LIRAs) or their Life Income Funds (LIFs) if they are eligible under the rules governing their pension plans or under Ontario’s Pension Benefits Act (PBA). Last … Read more

How much income will $100,000 pay you in retirement?

[By Jim Yih, Retire Happy]
The problem is retirement is not a number. Whatever the number is, it does not really solve our problems. In fact it just leads to more questions. One of those questions is How much income will I get from my investments?