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

The advocates for changes to RRIFs lament that seniors are forced to deplete their savings, requiring them to pay tax ...

To confirm this, list out your current and future assets and income and project them into the future. Will you have ...

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 ...

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

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

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 ...

In each case, the individual is 30 years old, hasn’t started to save for retirement, and earns $80,000 a year. The salary level might seem high, but it is actually close to the average pay for a ...

It usually takes only a few minutes to apply, but approval isn’t guaranteed: If your credit score is low, you’ll be rejected.

Nearly eight in 10 Canadians (76%) worry they won’t have enough money to retire comfortably (1) — a concern that’s grown more ...

As a refresher, within a TFSA, you have the flexibility to invest in similar securities as you would in your Registered ...

Single professionals working in corporate environments face inflated costs in taxes, housing, retirement and travel often ...