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

When should you not buy an RRSP?

[By Jim Yih, Retire Happy] A lot of articles this time of year encourage you to buy RRSPs. In fact, the RRSP is one of the best tax planning strategies available to Canadians. However, there are increasing critics of the RRSP because while you may get tax benefits on the way into an RRSP, you … Read more

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