Retirees and Pre-Retirees Archives

Downsizing in decimated Alberta housing market the key to securing this senior’s retirement

Eliott Einarson is a regular contributor in the National Post’s Family Finance column, providing retirement advice to Canadians. This situation is about a single woman at the cusp of retirement and looking for solutions to meet her needs. She feels she won’t need her large house and wants to move into a smaller condo. By doing so she can eliminate her mortgage, reduce some expenses and free up some additional cash flow. Eliott works with her on building a retirement income plan that can last well into her 90’s.

Annuities are a blessing and a curse for couple whose income has dried up during pandemic

Out of work, couple in early 60s are having to run down savings built over decades of work In Alberta, a couple we’ll call Barry,

Real estate investing built this couple’s wealth — now selling real estate can secure their retirement

Ontario couple in their 50s are in a very real sense millionaires on paper living on what they see as fragile income In Ontario, a

This Ontario man may have to delay retirement after coronavirus crash wipes out 20% of his investments

A man we’ll call Chuck lives in Ontario. Now 50, he wants to retire at the age of 55. An engineer, he takes home $6,500 per

Alberta couple, with no company pensions, could save $14,000 a year by ditching the mutual funds and hiring a portfolio manager

Their wealth is in their house, RRSPs and TFSAs Situation: Couple, 58 and 62, worry their resources may not carry them through retirement Solution: Downsize house, pay

This couple wants a rock-solid $80,000 income in retirement. They can have that — and more

They are light on financial assets, but a $100,000 cash inheritance, no debts and one good job pension gives them a great base to start

Retirement Planning 101

If you’re reading this, it means you’ve reached the stage of life where you’re ready to start planning for retirement. While most experts suggest to

Couple who bought a house three weeks before husband got the axe fear storm clouds ahead

A tech worker in his 50s, Max did get another job, but had to take 30% pay cut Situation: Concern about debt hangs over middle class

Thirty-something Couple, With a $1,000 A Month Golf Habit, Want to Retire By 55. Can They Do It?

They also want to give their two children $30,000 each for weddings or a good start in adult life Situation: Couple in mid-30s wants to retire

Resources for Filing Your Taxes in Canada in 2019

Before you do your taxes this year, check out these informative resources: Credential Guide to Tax Season 2018 NBIN Tax Guide – Mailing Periods