Retirement

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When you leave your company, you're probably going to want to take your company's RRSP contributions with you.

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    Canadians more likely to save for kids' education than parents in other countries Insight

    Seven out of ten Canadians are saving for their child's education, far above most other western nations.

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    Seven out of ten Canadians are saving for their child's education, far above most other western nations.

  • Cape Breton pain doctor's retirement has patients worried about clinic
    Cape Breton pain doctor's retirement has patients worried about clinic CBC

    Some long-suffering patients in Cape Breton are afraid they might lose the services of a clinic at the Northside General hospital. The person in charge of the chronic-pain clinic, Dr. Harry Pollett, wants …

    Cape Breton pain doctor's retirement has patients worried about clinic

    Some long-suffering patients in Cape Breton are afraid they might lose the services of a clinic at the Northside General hospital. The person in charge of the chronic-pain clinic, Dr. Harry Pollett, wants to retire. Sydney woman Laurie Peters slipped and fell 12 years ago, damaging her ankles.

  • CUPE wants to intervene in public service pension lawsuit
    CUPE wants to intervene in public service pension lawsuit CBC

    The Canadian Union of Public Employees wants to intervene in a lawsuit brought by another union against the province of New Brunswick over changes to public service pensions. The Professional Institute …

    CUPE wants to intervene in public service pension lawsuit

    The Canadian Union of Public Employees wants to intervene in a lawsuit brought by another union against the province of New Brunswick over changes to public service pensions. The Professional Institute of the Public Service of Canada initiated the lawsuit after the provincial government converted its public service pension …

  • Dennis O'Keefe fires back on ex-mayor's criticism of retirement pay CBC

    St. John's Mayor Dennis O'Keefe is defending his council's decision to pay out former city manager Neil Martin more than $640,000. 

    Dennis O'Keefe fires back on ex-mayor's criticism of retirement pay

    St. John's Mayor Dennis O'Keefe is defending his council's decision to pay out former city manager Neil Martin more than $640,000. 

  • Millennials plan to swap retirement for mid-career breaks Insight

    One in ten Millennials around the world anticipates they'll "work until they die," which is leading to a trend of mid-career reprieves.

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    One in ten Millennials around the world anticipates they'll "work until they die," which is leading to a trend of mid-career reprieves.

  • Why one in three Canadians came up short on housing costs last year Insight

    More than a third of Canadians came up short last year when it came to housing expenses. A study by Manulife Financial found that 37 per cent of Canadians surveyed had failed to make their housing payments …

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    More than a third of Canadians came up short last year when it came to housing expenses. A study by Manulife Financial found that 37 per cent of Canadians surveyed had failed to make their housing payments at least once this past year and only 40 per cent are confident they’ll have enough savings for retirement. The survey …

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

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

    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.

  • 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 …

  • ‘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.

  • $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 …

    St. John's city council will release details of former city manager's $640K severance package

    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 …

  • 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.

  • 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.

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

  • 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.

  • How much a man who retired comfortably at age 30 spends each year to get by Business Insider

    Peter Adeney, better known as “Mr. Money Mustache,” turned quite a few heads when he announced his retirement at age 30 back in 2005 by saving two-thirds of his and his wife Simi’s take-home pay. Both …

    How much a man who retired comfortably at age 30 spends each year to get by

    Peter Adeney, better known as “Mr. Money Mustache,” turned quite a few heads when he announced his retirement at age 30 back in 2005 by saving two-thirds of his and his wife Simi’s take-home pay. Both software engineers, their combined salary amounted to $134,000, and they were saving about $90,000 annually. After a mere …

  • 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 …

  • Changing Jobs? Don't Forget About Your Retirement Plan U.S.News & World Report

    One thing that can be easily overlooked during the transition is your retirement plan. If you are making a change in your work life, there are five important things you should think about with regards …

    One thing that can be easily overlooked during the transition is your retirement plan. If you are making a change in your work life, there are five important things you should think about with regards to your retirement savings. Think about what you want to do with your retirement account.

  • 6 Facts to Know About Reverse Mortgages U.S.News & World Report

    With baby boomers aging and retirement portfolios dwindling due to withdrawals and low returns in the stock market, some retirees may consider a reverse mortgage. Unlike a conventional mortgage where …

    With baby boomers aging and retirement portfolios dwindling due to withdrawals and low returns in the stock market, some retirees may consider a reverse mortgage. Unlike a conventional mortgage where a homeowner pays off the loan's principal and interest to eventually own the home, a reverse mortgage allows the homeowner …

  • British savers unlock more than 6 billion pounds from retirement pots Reuters

    British pensioners have unlocked more than 6 billion pounds of cash from their retirement savings since landmark pension freedoms were introduced 15 months ago, the Treasury said on Thursday. This is …

    A man and a woman sit in deckchairs near the beach in Bournemouth

    British pensioners have unlocked more than 6 billion pounds of cash from their retirement savings since landmark pension freedoms were introduced 15 months ago, the Treasury said on Thursday. This is more than double the 820 million pounds reported in the first quarter, insurer Aviva (AV.L) said in a statement in response …