Retirement

From $70K in debt to $50K in savings: How I saved for my first home
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Insight

After saving for three years, it's finally time to put that down payment on my dream house. Here's how I did it, and how you can too.

Morley Safer, giant of broadcast journalism, retiring from 60 Minutes

CBS News said Wednesday it will mark the occasion with Morley Safer: A Reporter's Life, an hour-long…

Saskatchewan Roughrider Tearrius George retiring, facing assault charge

Saskatchewan Roughrider defensive lineman Tearrius George is retiring after a domestic-related assau…

Latest News

  • Retirement is more expensive than you think
    Retirement is more expensive than you think, and that’s a problem Insight

    One of the assumptions about retirement is that your expenses will drop by about 30 per cent once you leave the workforce. According to Franklin Templeton’s 2016 Retirement Income Strategies and Expectations …

    Retirement is more expensive than you think

    One of the assumptions about retirement is that your expenses will drop by about 30 per cent once you leave the workforce. According to Franklin Templeton’s 2016 Retirement Income Strategies and Expectations survey, 43 per cent of retirees found that their expenses actually increased after retirement, up from 33 per cent …

  • Answering your tax time questions
    ‘Help! Where should I save?’ and other tax time questions from Canadians Insight

    With only days left until the filing deadline, it’s time for all those last-minute filers to start frantically searching online for answers to some of their burning questions.

    Answering your tax time questions

    With only days left until the filing deadline, it’s time for all those last-minute filers to start frantically searching online for answers to some of their burning questions.

  • Troy Hagen retiring as Regina police chief
    Troy Hagen retiring as Regina police chief CBC

    After eight years as the city's top cop, Regina Police Chief Troy Hagen is stepping down. Hagen, 58, announced Thursday he's retiring effective Aug. 12. "The biggest reward, throughout my entire career, …

    Troy Hagen retiring as Regina police chief

    After eight years as the city's top cop, Regina Police Chief Troy Hagen is stepping down. Hagen, 58, announced Thursday he's retiring effective Aug. 12. "The biggest reward, throughout my entire career, has probably been the fact that, I think, in my own way I've contributed to our community," Hagen said Thursday.

  • $640K retirement package for ill St. John's city manager CBC

    A St. John's city manager who retired in February due to health reasons was paid well over half-a-million dollars in a "mutually agreeable compensation package," a city statement said Thursday. Neil Martin …

    $640K retirement package for ill St. John's city manager

    A St. John's city manager who retired in February due to health reasons was paid well over half-a-million dollars in a "mutually agreeable compensation package," a city statement said Thursday. Neil Martin left the job after 29 years of service with the city, including jobs as director and city clerk. The statement from …

  • Retiring Windsor jeweller stuck with a 4-ton problem CBC

    On April 30, when Harry Dokmecian locks up Weeks Jewellers one last time, after more than 45 years of fixing and selling jewellery in downtown Windsor,  he could be leaving more than his life's work behind. …

    Retiring Windsor jeweller stuck with a 4-ton problem

    On April 30, when Harry Dokmecian locks up Weeks Jewellers one last time, after more than 45 years of fixing and selling jewellery in downtown Windsor,  he could be leaving more than his life's work behind. Dokmecian said Weeks Jewellery inherited the safe in 1971 from Vezina Jewellery.

  • Former P.E.I. MP Gail Shea: politics is over, she's enjoying retirement CBC

    Gail Shea has no desire to make a political comeback, and says she has 14 good reasons: her 14 grandchildren. Shea, the former Conservative MP for Egmont and federal fisheries minister, was defeated by …

    Former P.E.I. MP Gail Shea: politics is over, she's enjoying retirement

    Gail Shea has no desire to make a political comeback, and says she has 14 good reasons: her 14 grandchildren. Shea, the former Conservative MP for Egmont and federal fisheries minister, was defeated by Liberal Bobby Morrissey in last fall's election after seeking a third term.

  • RCMP's commanding officer in New Brunswick, Roger Brown, retiring CBC

    The commanding officer of the RCMP in New Brunswick, Assistant Commissioner Roger Brown, is retiring. Brown has told the RCMP his last day on the job will be June 4, 2016, after a 36-year career with …

    RCMP's commanding officer in New Brunswick, Roger Brown, retiring

    The commanding officer of the RCMP in New Brunswick, Assistant Commissioner Roger Brown, is retiring. Brown has told the RCMP his last day on the job will be June 4, 2016, after a 36-year career with the force.

  • P.E.I. doctor shortage needs major changes to fix, says retiring Health PEI CEO CBC

    The outgoing CEO of Health PEI says it's going to take major changes to make sure every Islander has access to family medicine services. Thursday is Dr. Richard Wedge's last day in the job he's had for …

    P.E.I. doctor shortage needs major changes to fix, says retiring Health PEI CEO

    The outgoing CEO of Health PEI says it's going to take major changes to make sure every Islander has access to family medicine services. Thursday is Dr. Richard Wedge's last day in the job he's had for four years. Before that, Wedge was Health PEI's Director of Medical Affairs.

  • Kelowna's 'Men's Shed' replaces isolation with purpose in retirement CBC

    Every Tuesday morning at a seniors residence in Kelowna, a group of older men gather for a chat over coffee, or head over to a nearby woodwork shop to finish a hobby they started during the group's hobby …

    Kelowna's 'Men's Shed' replaces isolation with purpose in retirement

    Every Tuesday morning at a seniors residence in Kelowna, a group of older men gather for a chat over coffee, or head over to a nearby woodwork shop to finish a hobby they started during the group's hobby and craft afternoons held each Thursday. The men are part of a "Men's Shed" — a type of non-profit organization that …

  • ‘Love It or List It’ star Hilary Farr’s tips for getting your home ready for retirement Insight

    If you want to stay in your current home once you retire, you'll probably want to consider some of these changes.

    ‘Love It or List It’ star Hilary Farr’s tips for getting your home ready for retirement

    If you want to stay in your current home once you retire, you'll probably want to consider some of these changes.

  • Winnipeg police chief Devon Clunis retiring CBC

    Winnipeg's police chief is stepping down. Devon Clunis, who was sworn in on Nov. 2, 2012, is set to announce his retirement Thursday at 2 p.m. Clunis, who began his career with the Winnipeg Police Service …

    Winnipeg police chief Devon Clunis retiring

    Winnipeg's police chief is stepping down. Devon Clunis, who was sworn in on Nov. 2, 2012, is set to announce his retirement Thursday at 2 p.m. Clunis, who began his career with the Winnipeg Police Service in 1987, has served in all major areas of the organization, including uniform patrol, traffic, plainclothes investigation, …

  • More than a third of Canadians are withdrawing from their RRSPs before retirement Insight

    It turns out that thousands of Canadians have cashed in some of those funds well before reaching that stage in life.

    It turns out that thousands of Canadians have cashed in some of those funds well before reaching that stage in life.

  • Caesars Windsor offering early retirement packages CBC

    Caesars Windsor is offering early retirement packages to some employees in a move the union says is designed to bring other employees back from layoff. The "enhanced retirement packages" are similar to …

    Caesars Windsor offering early retirement packages

    Caesars Windsor is offering early retirement packages to some employees in a move the union says is designed to bring other employees back from layoff. The "enhanced retirement packages" are similar to the buyouts commonly offered in the manufacturing industry, but they are not the same, said Dino Chiodo, the president …

  • Early retirement incentives can add up, says former labour leader CBC

    It can cost a lot of money to buy out a retiring worker, says a former head of the Newfoundland and Labrador Federation of Labour. Bill Parsons says the benefits offered to non-union staff are aimed at …

    Early retirement incentives can add up, says former labour leader

    It can cost a lot of money to buy out a retiring worker, says a former head of the Newfoundland and Labrador Federation of Labour. Bill Parsons says the benefits offered to non-union staff are aimed at recruiting and retaining managers. Parsons did some math for the St. John's Morning Show Wednesday, after city council …

  • Don’t freak out over the latest warning you're not saving enough for retirement Insight

    Of the half of Canadian couples between 55 and 64 without employer pensions, only 15 to 20 per cent have actually squirreled away enough.

    Retirement

    Of the half of Canadian couples between 55 and 64 without employer pensions, only 15 to 20 per cent have actually squirreled away enough.

  • Seniors increasingly likely to retire in poverty, study says CBC

    Calgary millennials admit they aren't storing enough cash away for their retirement years — and more seniors are at risk of retiring in poverty. While a new study from the Broadbent Institute focused …

    Seniors increasingly likely to retire in poverty, study says

    Calgary millennials admit they aren't storing enough cash away for their retirement years — and more seniors are at risk of retiring in poverty. While a new study from the Broadbent Institute focused on those approaching retirement between the ages of 55 and 64 financial experts say it highlights a trend — young people …

  • Top early retirement for senior St. John's staff over $500K CBC

    A St. John's city councillor has released the amount of money paid out to individual senior city staff members who availed of an early retirement offer, totalling nearly $7.1 million.

    Top early retirement for senior St. John's staff over $500K

    A St. John's city councillor has released the amount of money paid out to individual senior city staff members who availed of an early retirement offer, totalling nearly $7.1 million.

  • How to Balance Retirement Saving With Other Financial Goals US News

    Most people have many important financial goals including paying off debt, saving for retirement, buying a home and saving for a college education for your children. Make employer matches a priority. …

    Most people have many important financial goals including paying off debt, saving for retirement, buying a home and saving for a college education for your children. Make employer matches a priority. If you're currently in a job where your company provides an employer match, take full advantage of it.

  • Republicans block stricter rules on retirement savings The Canadian Press

    WASHINGTON - Republicans controlling the Senate passed legislation Tuesday to block new Obama administration rules that require financial professionals to put their client's best interest first when …

    WASHINGTON - Republicans controlling the Senate passed legislation Tuesday to block new Obama administration rules that require financial professionals to put their client's best interest first when giving ...

  • Americans have disparate access to retirement plans The Canadian Press

    Americans who want to retire may face very unequal paths to get there depending on where they live.

    Americans have disparate access to retirement plans

    Americans who want to retire may face very unequal paths to get there depending on where they live.