How to consolidate your registered accounts for retirement income in Canada – MoneySense.ca, September 30, 2024
https://www.moneysense.ca/columns/ask-moneysense/how-to-consolidate-your-registered-accounts-for-retirement-income-in-canada/
Jason Heath looks at whether “Canadians need to consolidate RRSP accounts before converting to RRIFs?”
The pros and cons of retired grandparents moving closer to their families – Globe and Mail, October 1, 2024
https://www.theglobeandmail.com/investing/globe-advisor/advisor-news/article-the-pros-and-cons-of-retired-grandparents-moving-closer-to-their/
Deanne Gage examines how many grandparents move closer to their families in retirement but how some eventually “tire of a life of babysitting and chauffeuring, and miss their old social networks.”
Changes to RRIF rules are necessary for the financial health of Canadian seniors – Globe and Mail, September 25, 2024
https://www.theglobeandmail.com/investing/personal-finance/taxes/article-changes-to-rrif-rules-are-necessary-for-the-financial-health-of/
Tim Cestnick examines how “Thousands of Canadians are worried about outliving their RRIFs and the rules that require withdrawals starting in the year they reach 72.”
There’s a new way to turn retirement savings into income – will it break through where competitors have lagged? – Globe and Mail, September 3, 2024
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-theres-a-new-way-to-turn-retirement-savings-into-income-will-it-break/
Rob Carrick examines how “The investment industry has some products focused on generating retirement income, including Sun Life Financial’s new MyRetirement Income.” He also looks at similar income, generating plans.
What is RetireMint? The Canadian online platform shows retirement planning isn’t just about finances – MoneySense.ca., September 25, 2024
https://www.moneysense.ca/columns/retired-money/what-is-retiremint-canadian-retirement-planning/
Jonathan Chevreau discusses a new Web platform called RetireMint that “offers something most other sources of retirement planning information don’t: advice on the non-financial aspects of quitting work for good.”
“My Weekly Reads” are articles I have read throughout the week because they were of interest to me … for good, or for bad reasons. 🙂 Sharing them does not mean that I endorse them unless I explicitly state that. If concepts contained in the financial articles I share are of interest to you please remember that is always a good idea to ask your financial adviser’s advice when considering making changes to your financial portfolio or changing your spending habits.
