Upon retirement, many people decide to convert their savings into an annuity. But what is an annuity?
Tag: retirement income
Planning Your Personal Finances (Part 1)
Financial planning allows us to realize our goals and objectives by learning, organizing, and planning based on the reality of our current situation.
Catching-up on retirement savings
I recently reached a milestone in my retirement savings accounts. Unfortunately, despite this milestone, I am still behind in terms of where I *should* be and how much I *should* have in terms of retirement savings at this stage of my life.
When contributing to an RRSP doesn’t make sense…
RRSPs were first introduced in 1957. Because of their longevity, they’re the preferred vehicle when it comes to retirement savings.
The Money Savvy Blog 