Retirement

maxed out rrsp tfsa

Maxed out RRSP and TFSA – Now What?

By FT January 17, 2025

I recently received an email from a reader with a bright financial future.  They have a maxed out TFSA and has recently maxed out her…

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Building A $1,000,000 Rrsp

Building a $1,000,000 RRSP Starting in your 30’s, 40’s, and 50’s.

By FT September 7, 2024

When I initially wrote this article about building RRSP wealth in your 30s, 40s, and 50s, my goal was to create an easy visual that…

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Ultimate Guide To Safe Withdrawal Rates In Canada

Safe Retirement Withdrawal Rate Strategies in Canada

By Kyle Prevost January 10, 2024

The concept of a safe withdrawal rate (and the 4% rule) is a key planning tool for Canadians of all ages.  After all, if you…

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Accounts For Retired Canadians

Withdrawing From RRSP and TFSA For Retired Canadians in 2025

By Kyle Prevost December 3, 2022

After writing a deep dive article on whether the 4% safe withdrawal rate still works for retirement at various ages, I received a lot of…

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How Much Do You Need To Retire Calculator

Retirement Calculators – How Much Do You Need to Retire?

By FT June 2, 2019

This popular article was originally written in 2017, but since then, a couple of the calculators have gone offline.  I have updated this article with…

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Most Recent

wealth management companies

Wealth Management Companies in Canada 2025

By Kyle Prevost January 17, 2025

When I first wrote about the best financial advisors in Canada it got some attention from Canada’s wealth management companies due to the news and…

financial advisors canada

Best Financial Advisors in Canada

By Kyle Prevost January 17, 2025

When looking for the best financial advisors in Canada (or best financial planners in Canada) you’re going to run into a lot of slick salespeople…

maxed out rrsp tfsa

Maxed out RRSP and TFSA – Now What?

By FT January 17, 2025

I recently received an email from a reader with a bright financial future.  They have a maxed out TFSA and has recently maxed out her…

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EQ Bank Review 2025

By Kyle Prevost January 15, 2025

EQ Bank Account Options and Interest Rates Account Type Interest Rate Best For Daily High Interest Account 1.75%* (Plus 1.75% if you direct deposit your…

working in retirement

Working After Retirement in Canada

By Kyle Prevost January 14, 2025

More and more Canadians are now working after retirement in some capacity. The idea of the traditional final office party, gold watch, and chair on…

life insurance canada

Life Insurance for Seniors in Canada

By Kyle Prevost November 23, 2024

Is permanent life insurance a good investment for Canadian retirees? Is whole life insurance the secret to building “infinite banking wealth” as I keep seeing…

pension plans canada

Canada Personal Pensions: Defined Benefit vs Defined Contribution Plans

By Kyle Prevost November 2, 2024

Two of our most well-read articles here on MDJ cover the “government pension” that consists of CPP and OAS. In order to give the most…

personal finance courses

Best Personal Finance Courses in Canada

By FT October 26, 2024

I need to be clear right off the bat that I’m a bit bias when it comes to recommending the best financial literacy courses in…

canadian seniors tax breaks

13 Top Tax Breaks for Seniors in Canada

By Kyle Prevost October 12, 2024

There are a ton of tax breaks for seniors in Canada compared to other age groups. It’s almost like our tax code tells us the…

retriement investing canada

The Best Investments for Canadian Retirees: Stocks vs ETFs vs Robo Advisors

By FT October 5, 2024

When discussing the best investments for Canadian retirees it’s important to understand upfront that it’s a nuanced topic. There is no one-size-fits-all silver bullet answer…

Building A $1,000,000 Rrsp

Building a $1,000,000 RRSP Starting in your 30’s, 40’s, and 50’s.

By FT September 7, 2024

When I initially wrote this article about building RRSP wealth in your 30s, 40s, and 50s, my goal was to create an easy visual that…

canadian spend in retirement

How Much Do Canadians Spend In Retirement?

By Kyle Prevost July 27, 2024

You’d think it’d be a relatively easy quest to answer the question: How much will a Canadian spend in retirement? When I set out to…

rrsp vs ipp

RRSP vs IPP for Canadian Business Owners

By Kyle Prevost June 15, 2024

In my recent articles about paying yourself in salary vs dividends from a CCPC, as well as investing within a Canadian corporation, we explored the…

selling a business to retire

Selling a Business to Retire in Canada

By Kyle Prevost June 8, 2024

I’ve been on a real small business/CCPC kick here at MDJ over the last month, and my end goal was always to get to a…

best online banks

Best Online Banks in Canada 2025

By FT June 5, 2024

Online banking is growing every year, with more and more Canadians turning to online banks as their primary financial platform. Consequently, banks are rapidly evolving…

investing inside corportation for retirement

Investing Inside a Corporation for Retirement in Canada

By Kyle Prevost June 1, 2024

Before you jump into the details of investing inside of a corporation for your retirement, it’s likely worth taking a few minutes to read my…

canadian millionaire money

How to Become a Millionaire in Canada

By FT May 28, 2024

Most of us have wondered what it takes to reach millionaire status in Canada. We certainly don’t advise getting involved in any “get rich quick”…

countries to retire abroad

The Best Countries for Canadians to Retire Abroad

By Kyle Prevost May 11, 2024

A few years ago I never would have considered writing an article about the best countries for a Canadian to retire abroad.   Why would anyone…

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