retirement planning Canada

CRA Warning for Canadian Seniors, Are You Making These Costly RRSP Mistakes?

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Registered Retirement Savings Plans (RRSPs) remain a powerful tool for Canadians to build their retirement nest egg. Their primary appeal lies in tax deferral—you don’t pay tax on RRSP contributions until you withdraw the funds, ideally in retirement when your income is lower. But in today’s economy, retirement doesn’t always mean stopping work completely. As … Read more

Canada’s Retirement Rulebook Rewritten, Why Age 65 Is No Longer the Golden Number

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For generations, age 65 defined retirement in Canada, the point when most people left the workforce and began relying on public pension benefits. But that fixed benchmark is evolving. With longer life expectancy, rising living costs, and shifting government priorities, a more flexible retirement system has emerged—one that gives Canadians greater control over when and … Read more