Retirees: Don’t Miss Out On This Tax-Saving Opportunity From Age 60 to 70

How Much Do You Need To Retire in Canada? It’s Easier To Calculate Than You Think

11 Activities Parents and Grandparents Can Do With Their Young Ones In Regina and Area While There Is Still Snow On The Ground

How Sequence of Returns Can Kill Your Retirement Before You Even Get Started

Here are 13 hobbies you can take up in retirement to keep your social life active and physical body moving.

Contrary to popular belief, retirement is an income, not an age. Canadians retire at different ages all the time. While the most common age to retire is between age 55 and 65. That's because that's how most employee and government pensions are structured. However, some Canadians retire in their 40s while others retire in their 70s. It all depends on your decisions and priorities during your working lifetime.

Investing can be intimidating but it doesn't have to be. By doing some research and understanding the basics of investing, even beginners can start building their wealth and setting themselves up for a comfortable retirement. Investing doesn’t require you to become an expert – just having the right information and resources can set you up for success!

Tax planning is one of the critical steps when determining what to invest in, and which tax vehicle will be most efficient to reach your objectives. We sometimes forget that taxes are one of the largest expenses in our working life, and retirement. Reducing the amount of taxes you pay can be equally and sometimes more important than your investment returns. Only when you pair tax efficiency with consistent investment returns, will your portfolio be fully optimized.

All provinces vary when it comes to probate fees. Some courts charge a percentage of assets that pass through probate while some courts charge a flat fee.