Category Archives: Retirement

My Retirement Plan

Ever since I graduated university, got a full time job and started earning a salary, I’ve given a lot of thought to my retirement. It may seem pre-mature to begin thinking about retirement when you start your first job, but … Continue reading

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Estimate Your Canadian Pension Plan (CPP) Benefit

I have no plans to retire any time soon, but I thought it would be interesting to see how much Canadian Pension Plan (CPP) benefit I had accrued to date. I’ve been contributing to the CPP since I started working in 2004, … Continue reading

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Defined Benefit vs. Defined Contribution Pension Plans

There are two types of registered pension plans out there; defined benefit and defined contribution.  Employers tend to offer one or the other. What is the difference between the two? I anticipate many have asked the question. Defined Benefit Pension … Continue reading

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Comparison Between RRSPs and TFSAs

I often see questions on the differences between RRSPs and TFSAs in various internet forums and blogs. To help sort of the differences I have compiled a quick cheat sheet that compares the two investment vehicles. RRSP TFSA Is There … Continue reading

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