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Seniors get a pay cut in 2016

Nov 1, 2015 12:04 PM Rona Birenbaum Many Canadian seniors will be surprised when their RRIF payments decline by as much as 28% in 2016.  Seniors age 82-and-under will see a decrease of at least 20%* Seniors that chose to receive the RRIF minimum payment will be most affected.  That minimum is determined by the […]

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Planning for retirement doesn’t necessarily get easier with age

7:16 AM EST DEC 22, 2014 Planning for retirement doesn’t necessarily get easier with age. As one of the most complicated moves individuals make in their lives, retirement planning is chock-full of confusing terms that can be hard to understand. So we asked a group of retirement-planning specialists to chime in on the words and

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Les retraités qui ont un conseiller seraient plus heureux à la retraite

02.07.2014 – 10:34 – FINANCE ET INVESTISSEMENT Selon la neuvième édition de l’Enquête de 2014 de Fidelity sur la retraite, 71 % des retraités qui font affaire avec un conseiller vivent la retraite qu’ils souhaitaient comparativement à 53 % pour ceux qui n’en ont pas. Parmi les répondants qui ont un conseiller, 88 % font confiance aux

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What is a Reverse Mortgage?

A reverse mortgage is a loan against your home that requires no repayment for as long as you live there. It is insured by the FHA (Federal Housing Administration) for homeowners ages 62 or older. It is different from other types of loans because the borrower does not make loan payments during the loan. According

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