Financial Knowledge
RRSP Withdrawal Strategy --- Trial Calculation Sheet (Simple version)
Setup Instructions: 1. The RRSP balance is setup 2M (can be shared by both spouses), and the amount can be adjusted. 2. …
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Financial Knowledge
OAS BASIC and OAS Clawback
OAS basic and OAS Clawback Old Age Security (OAS) is a key component of Canada's retirement income system, providing a m…
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Financial Knowledge
CPP (Canada Pension Plan) Basic
Canada Pension Plan (CPP) (Quebec residents are covered under QPP, Quebec Pension Plan ) is an important source of retire…
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Financial Knowledge
The biggest enemy of retirement finance: the impact, trends, and strategies for dealing with inflation
Inflation erodes your hard-earned wealth Inflation refers to the sustained rise in the general price level, which leads t…
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Financial Knowledge
RRIF: What is a Registered Retirement Income Fund
RRIF strategy RRIF (Registered Retirement Income Fund) is a retirement income vehicle established by the Canadian governm…
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Financial Knowledge
GIS (Guaranteed Income Supplement) Basic
GIS The Guaranteed Income Supplement (GIS) is a vital tax-free benefit provided by Canada to low-income seniors receiving …
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Financial Knowledge
Being too Risk-averse can itself be a huge Risk.
Returns comes from Risks Avoiding risk is human nature, so it’s understandable that many people hope to earn relatively st…
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