Retirement planning at every age
The decisions change as you move along: TFSA room and habits early, catching up and testing scenarios in mid-career, then CPP, OAS, pension and RRIF choices close to and in retirement.
Retirement planning in your 20s: small habits, long runway
What retirement planning looks like in your 20s in Canada: TFSA and RRSP room, CPP basics, and a worked example of steady saving from age 25 to 65.
Focus: Learn your room · Pick a starting amount · Know what CPP is doing · Build a cushion
Retirement planning in your 30s: making room among competing goals
How retirement saving fits beside homes, kids and careers in your 30s in Canada, with a worked plan for a 34-year-old and an RRSP vs TFSA comparison.
Focus: Balance the big goals · Understand your workplace plan · Compare tax rates, now and later · Protect your CPP record
Retirement planning in your 40s: checking your course mid-career
A mid-career retirement check-in for Canadians in their 40s: estimating what you need, using carried-forward room, and seeing a plan under uncertain returns.
Focus: Estimate the target · Use carried-forward room · Plan for a range, not a point · Check your public pension records
Retirement planning in your 50s: when the date starts to matter
Retirement planning in your 50s in Canada: testing retirement dates, reading pension statements, and comparing CPP start ages with a worked example for a 55-year-old.
Focus: Test more than one date · Read your pension statement · Understand CPP timing · Plan for debts
Retirement planning in your 60s: from saving to drawing an income
Planning the switch from paycheque to retirement income in your 60s in Canada: CPP and OAS timing, withdrawal order, and a worked plan for a 62-year-old.
Focus: Map your income sources · Decide on CPP and OAS timing · Choose a withdrawal order · Apply on time
Planning in retirement: keeping income steady year after year
Planning once you're retired in Canada: RRIF minimums, tax on retirement income, OAS at 75, TFSA flexibility and estate basics, with a worked example for a 72-year-old.
Focus: Know your RRIF minimum · Watch taxable income · Use the TFSA's flexibility · Keep the paperwork current
