Chapter 6: Retirement

In this section

  • Registered Retirement Savings Plans (RRSPs)
    Discover the fundamentals of RRSPs, including contribution limits, tax-deferred growth, and strategic uses—learn how to optimize retirement savings within Canada’s regulatory framework.
  • Registered Retirement Income Funds (RRIFs)
    Explore the essentials of converting your RRSP into a RRIF, understanding mandatory minimum withdrawals, and making informed decisions about retirement income planning.
  • Registered Pension Plans (RPPs)
    Explore the fundamentals, types, tax implications, and practical considerations of Registered Pension Plans (RPPs), including Defined Benefit and Defined Contribution plans, vesting rules, and pension adjustments.
  • Government Pension Plans
    Explore the Canada Pension Plan (CPP), Quebec Pension Plan (QPP), Old Age Security (OAS), and Guaranteed Income Supplement (GIS), and learn how to integrate these government benefits into your retirement planning strategy.
  • Calculating Retirement Needs
    Learn how to project retirement expenses, incorporate inflation, and evaluate income sources in Canadian contexts to ensure financial security in your golden years.

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