Simplified Retirement Planning

Every average Canadian will eventually retire; leave the workforce and live off the income that they have saved.  For most people, retirement will happen around the age of 65, and it usually comes with a significant drop in income.  According to a Statistics Canada report that looked at incomes in 2012, 12% of all seniors are Read more about Simplified Retirement Planning[…]

Pensions: An Introduction

What we often think of as a pension is actually a specific subset of a pension called a defined benefit (DB) pension. In addition to DB pensions, there are also other pension plans such as defined contribution pensions (DC) and hybrid or cash balance plans. Read on for more details…  Defined Benefit (DB) Pension A Read more about Pensions: An Introduction[…]