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Are retirees forced to draw down their RRIF balance too quickly?

High RRIF withdrawal rates leave older Canadians at risk of outliving their tax-deferred savings, says C.D. Howe Institute

Cd howe instituteCanadian institute of actuaries economic statisticsCanadian instituteActuaries canadian economic statistics

These tax strategies can help retirees save thousands of dollars each year

From reducing taxes on RRSP withdrawals to opening a RRIF, consider these tips for minimizing your tax exposure in retirement

Christine van cauwenbergheJami monteTara benhamGrant thortonVan cauwenbergheAud urlAud headline

Can this fifty-something couple afford to give their kids $100,000 each for a first house? Plus, last minute tax-return filing tips

Content from The Globe’s weekly Retirement newsletter

United statesAndrew dobsonJamie golombekFred vetteseMorneau shepellJimmy kimmelTijana martinTim cestnickFinancial partners incNorth americaFinancial faceliftObjective financial partnersCharting retirementRetirement incomeClimate change canadaCanada pension plan

How to manage RRIF withdrawals tax-efficiently to avoid a hefty penalty

Taking full advantage of someone’s marginal tax rate can be a way to reduce taxes on RRIF withdrawals over the long term

Nova scotiaAlex skokeDalyce seitzAndrew feindelLeith wheeler investment counsel ltdAssante capital management ltdGlobe advisorRichie feindel wealth managementRichardson wealthOld age securityAssante capital managementLeith wheeler investment counselAlison macalpine

Does Freddie have enough to retire and still support his children through university?

His main concern is how to draw down his savings in the most tax-efficient way

Warren mackenzieJohn heinzlChristinne muschiCanada pension planOld age security

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