Posts Tagged ‘Retirement’

What is the Best Retirement Plan in Canada?

Best retirement plan in Canada

We take a look at the various plans to answer this essential question. When novice investors start thinking about the future, one of the first questions they ask is which is the best retirement plan in Canada? Unfortunately, there’s no single plan in Canada that will fully fund your retirement years, but there are quite…

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A Guide to Retirement Planning in Canada

Retirement Planning Canada

If you google anything related to millennials and retirement planning in Canada, I guarantee you’ll see headline after headline of negative outlooks. It’s true that millennials face a unique set of challenges relating to saving for retirement. Rising housing and childcare costs coupled with lower earning power means there is less money to save for…

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How Much Money Do I Need to Save for Retirement?

Retirement Planning Canada

Unfortunately, there is no “magic number” — or even a simple calculation — to determine exactly how much you need to save for retirement. There are many factors to consider, not the least of which being: What kind of retirement do you want? I mean, think about it. It’s like asking, how much money do…

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TFSA vs RRSP: Head to Head Comparison – Updated 2018

There has been a lot of talk about which one is better, the TFSA vs RRSP in both the PF blogosphere and the media.  Both are great savings and investing tools for us Canadians, but there are important differences between and choosing correctly between the Tax-Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP)…

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5 Ways to Improve Your 401K

  Here’s a guest post by fellow PF blogger PT Money (aka Phil Taylor) who started blogging since 2007 and has a limit-less site talking about saving money, debt reduction, and living a frugal life.  I thought I would include his post on 401K’s because I wanted to learn more about the US counterpart of…

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