It may seem like an oxymoron to talk about retirement and post-retirement careers in the same article. But it’s also not uncommon for people to retire from one career field only to transition into another. One day you might choose to retire from teaching, but not retire completely. If you decide to re-enter the workforce, […]
Valuable insights on CPP and OAS
When planning retirement income, it’s important to understand the government benefits you might be eligible to receive. These benefits are generally Canada Pension Plan, Old Age Security, and Guaranteed Income Supplement. Canada Pension Plan is a contributory plan that provides guaranteed indexed income in retirement. It can be started as early as age 60 and […]
Why Teachers Should Avoid RRSPs
Situations when contributing to an RRSP isn’t worth it Your Ontario Teachers’ pension benefit is linked to your RRSP contribution room. The greater the value of your pension benefit, the less room you will have available to contribute to an RRSP. Every member of a registered pension plan receives an annual pension adjustment (PA). Your […]
Will I have enough money to retire?
The #1 question people have about their Financial Health: “Do I have enough money to retire?“ There are variations of this question: “Will I have enough money to retire?” or “Can I retire on time?” They all lead to one glaring issue: You’re not confident about your advisors’ process. A Second Opinion Portfolio Review will provide you with a […]