Seeing as retirement is a key focus for Canadians, it is no surprise that saving for retirement is a top goal for many Canadian Imperial Bank of Commerce (CIBC) clients who have completed a CIBC Financial HealthCheck. Just after retirement planning is saving for a home and paying down debt. The CIBC Financial HealthCheck offers

Canadians have many uncertainties about meeting their retirement goals, and according to a survey released today by BMO Financial Group, they are not sure whether they are taking the right steps in planning for their retirement. The survey which was conducted by Leger Marketing and Commissioned by BMO, found that 1/3 of Canadians has no

When it comes to you Registered Retirement Savings Plan (RRSP) there can be a few common mistakes we are bound to make if we do not know about them. In some cases, by the time we figure them out it can be too late. To help you navigate through your RRSP you might want to

The 2009 season for your Registered Retirement Savings Plan (RRSP) is coming to an end with March 1st quickly approaching. You should be taking the time to save on tax while saving for the future you hope to have. There are no other registered plan which offers tax advantages as compelling as your RRSP. With

In a recent TD Retirement Savings Poll, many Canadians have conflicted emotions in terms of retirement. 36% cannot wait to stop working and enjoy life, while 30% say that even thinking about saving for retirement makes them uneasy because they have not saved enough. Saving for your retirement can become a problem, but if you

Retirement can become a tricky subject at times, especially when we are trying to decide how much we need to retire with. People tend to feel that there should be at least $550,000 saved, while other believe there needs to be at least $1 million. When you think about it, there is no set solution

Interestingly enough, nearly all 90% of Canadians feel that they will have enough income to cover their necessities in retirement but only 25% feel that they will have enough money to fulfill their retirement dreams, according to the 20th Annual RBC RRSP Poll. The poll found that 75% of retired Canadians did not know how