Guides
Retirement terms and decisions, in plain language. Each guide takes a few minutes and walks through an example.
Early retirement reduction: what retiring early costs
How a defined benefit plan lowers your pension when you retire before your unreduced date, and why the cost is more than the reduction alone.
2 min read
Should I take CPP at 60, 65 or 70?
How much your Canada Pension Plan retirement pension changes when you start it early or late, with the government's own figures and an example.
2 min read
Bridge benefit: what happens to your pension at 65
What a pension bridge benefit is, why it stops at 65, and how to see whether CPP and OAS fill the gap it leaves.
2 min read
Will I have enough to retire? Check every year, not the average
How to tell whether your pension, savings, CPP and OAS will cover what you spend in each year of retirement, and the ages when your income changes.
2 min read
How much monthly income will my savings give in retirement?
What a retirement savings balance pays each month depends on how long it has to last, the return it earns and inflation. Includes an example, and how tax applies to RRSP, RRIF and TFSA withdrawals.
2 min read