FIRE versus YOLO

FIRE (financial independence, retire early) tells you to save, and YOLO (you only live once) asks you to spend. They just might get you thinking about your own saving or spending habits....

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When is your financial independence day?

Determining the day you’ll retire is likely one of the most important decisions you’ll ever make. Fortunately, you just need to do the dreaming—we’ll do the math....

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Understanding the three phases of retirement

It’s common to think of your desired retirement income as a regular annual amount, but that won’t necessarily be the case. Find out about go-go, slow-go and no-go....

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Should you pay down the mortgage or invest?

Some people with extra cash make this decision by comparing the mortgage interest rate to expected investment returns. For others, it’s about more than math....

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[Spring GPS 2025] CPP Sharing

You've probably heard of pension splitting, but did you know this is also possible with the CPP?...

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The surprising variety of RESP-eligible programs

Hundreds of institutions beyond universities and colleges offer programs eligible for Registered Education Savings Plan (RESP) funding. Check out some of the career choices, from paralegal to pilot....

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Why drawing retirement income is personal

Do you know the time-tested formula we can all follow when receiving retirement income? There isn’t one. Learn why each retiree needs a customized income strategy....

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[Fall 2024 GPS] RRSP Over-Contribution at or past age 71

Did you know you could 'over contribute' to your RSP after you turn 71 without penalty? Here's how....

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Will you retire at the same time as your spouse?

Surprising as it may seem, reports show that spouses in most couples retire at different times. Check out the reasons why you and your spouse might or might not retire at the same time....

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[Summer 2024 GPS] Tax Planning For RRIFs

In this GPS edition we show you a few ways to set up your RRIF account in a tex-efficient manner specific to your needs....

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