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Confused about when you could retire or how much you should be saving before retirement? There's a nifty planning tool that can help.

Too intimidated by the idea of planning your retirement? This free government tool might help | Canada Confused about when you could retire or how much you should be saving before retirement? There's a nifty planning tool that can help.

Finally, one of the best ways to maximize your government benefits in Canada is to stay updated with the ever-changing benefit structure. Federal and provincial governments periodically update existing benefits, which could increase your eligible amount. The government may also add new benefits and credits you can apply for.

Here's how you can maximize your government benefits in Canada | Canada Get that money 💰

Four things happen when you withdraw money from your RRSP to pay off debt. First, you get money to pay off your expensive debt and probably feel a lot of relief. Second, you’ll pay taxes (and possibly exit fees when the investments are sold). Third, you won’t get this associated RRSP room back once you’re on your feet and ready to contribute again.

Is taking money out of your RRSP to pay off debt ever a good idea? The financial consequences of early RRSP withdrawal are steep, Lesley-Anne Scorgie writes.

According to the study, nearly one-third of Canadians have made a promise to their aging parents that they will not put them in long-term care. However, the research reveals significant concerns around keeping their promise, with more than half worrying about how to fulfill the commitment. https://ow.ly/hoi450RHfvt

If you’re hoping to retire sometime within the next decade, 10 years may not feel so far away — but when it comes to finances, are you where you thought you’d be with your retirement savings? Being in your 50s can come with a lot of extra baggage. https://ow.ly/v5Nt50RHfN3

Canada, once admired for its robust economic health and high living standards, now faces a worrying decline. The nation’s gross domestic product (GDP) per capita growth trails its peers in the

Opinion: Canada’s living standards are in decline Canada, once admired for its robust economic health and high living standards, now faces a worrying decline. The nation’s gross domestic product (GDP) per capita growth trails its peers in the Organis...

Continuing to maximize their TFSA contributions make sense because it will increase the amount of tax-free assets they have, the planner says

Can Matthew, 57, and Lizzy, 56, afford to retire in three years? Continuing to maximize their TFSA contributions make sense because it will increase the amount of tax-free assets they have, the planner says

On the first anniversary of the coronation of His Majesty King Charles III, the Bank of Canada issued a progress update on designing a new $20 bank note.

Bank of Canada updates progress on new $20 note On the first anniversary of the coronation of His Majesty King Charles III, the Bank of Canada issued a progress update on designing a new $20 bank note.

Got a refund? Lucky you! Find out when you’ll get the money, what to do with your income tax refund and how to get more next year. https://ow.ly/CVp350RyWZI

For people converting their RRSP to a RRIF, there are crucial considerations, say experts, including opening a RRIF before you turn 71.

Happy 71st birthday! You now must convert your RRSP into a RRIF. Here’s what you need to know For people converting their RRSP to a RRIF, there are crucial considerations, say experts, including opening a RRIF before you turn 71.

More Canadians who want to save on dental care bills can finally get some relief with the Canada Dental Benefit.

Canada Dental Benefit is now accepting applications from more people — here's who can apply | Canada More Canadians who want to save on dental care bills can finally get some relief with the Canadian Dental Care Plan.

We look at the average savings and debt by age for Canadians in their 30s and 40s, plus how much money to save for retirement.

How much money should I have saved by age 40? - MoneySense We look at the average savings and debt by age for Canadians in their 30s and 40s, plus how much money to save for retirement.