Watch out for RRSP and RRIF taxation

Watch out for RRSP and RRIF taxation I get lots of reader emails and questions, and the volume of emails and questions that top the list are generally about RRSP and RRIF taxation. Savvy DIY investors already know this but…
How to generate retirement income

How to generate retirement income You could argue beyond the how much do I need to retire question, this need comes up next: how to generate retirement income. Rightly so.  I mean, we all want to know how best to…
RRSP withdrawal strategies before age 71

RRSP withdrawal strategies before age 71 Some time ago I wrote about generating retirement income.  We’re doing some income planning now because we feel the process of planning (and re-planning) is important for our financial well-being. This income planning process…
Mandatory Withdrawals – RRIF 101

Mandatory Withdrawals – RRIF 101 Mandatory account withdrawals – sounds fierce but that’s what a Registered Retirement Income Fund (RRIF) is partly about.  This is my favourite definition for a RRIF:  it’s like a Registered Retirement Savings Plan (RRSP) in…