Living in a paid-off home can be a nice way to keep your expenses low in retirement. All you need to worry about are property taxes, maintenance, utilities and insurance. But what if your home is really valuable? You might own a detached house in an expensive city. Or, you might live in a home … Continue reading Should You Sell Your Home and Rent in Retirement?
This is meant to provide a quick overview of how the Canada Pension Plan (CPP) works for most Canadians. For retirement planning purposes, please refer to the official government documentation. I’m going to focus on the CPP as it exists today. The CPP is being enhanced, but with contributions being phased in between 2019 and … Continue reading The Canada Pension Plan (CPP)
This is meant to provide you with a quick simplified overview of how the program works for most Canadians. For retirement planning purposes, please refer to the official government documentation. In addition to workplace pensions and personal retirement savings, most Canadians will receive income from two public programs in retirement: the Canada Pension Plan (CPP) … Continue reading Canada’s Old Age Security (OAS) Pension