As we can see, the value of non-registered investment ($2,083) after-tax, is worth less than the value of the RRSP ($2,100), meaning your RRSP has effectively given you a tax-free return of $100 (five ...

A recent BMO survey found 38 per cent of Canadians dip into their RRSPs early for one reason or another. If holiday debt has you eyeing your RRSP savings it’s important to know that early withdrawals ...

Saving for your future in Canada means choosing between two accounts with distinct benefits. Registered Retirement Savings ...

Key Takeaways TFSAs allow Canadians to earn investment income tax-free, which can significantly accelerate long-term growth.

January is the perfect time to sanity-check your RRSP at 70, because the “typical” balance is closer to the median than the ...

If you hold Fortis Inc (TSX:FTS) stock in a TFSA, you might earn enough dividends to cover part of your retirement expenses.

A non-registered account, on the other hand, doesn’t offer any tax advantages: All the investment income is taxable. Still, ...

For single Canadians, the path to retirement can be more challenging without the second income and support a partner can ...

Kelvin and Rosita have been successful in raising their four children and in building financial independence, Mr. MacKenzie ...

Recent research reveals retirees withdraw just 2.1% of their savings annually—about half the amount experts recommend. Here's ...

Morningstar’s new analysis suggests retirees can start with one withdrawal rate and adjust for inflation, but taxes, fees, ...

Unlock the potential of your TFSA contribution room. Discover why millennials should invest wisely to maximize tax-free ...