Everything you need to know on preparing for your retirement and retiring in Canada. Can you have too much RRSP? What are the contribution limits? How and when to withdraw from RRSPs and TFSAs? How to retire early, and what are the risks in that? How to use the Saskatchewan Pension Plan? Learn everything relating to pensions and retirement plans and read recommended bank reviews, on Million Dollar Journey, one of Canada’s oldest and most detailed Personal Finance blogs.

Most Recent

become a millionaire in canada

How to Become a Millionaire in Canada

By FT October 17, 2021

If you’re reading this website you’re probably interested in a Canadian perspective on how to become a millionaire. Most people like to imagine their lives…

Eqbank Logo

EQ Bank Review 2021 – Still Canada’s Best Online Savings Account?

By Kornel September 24, 2021

EQ Bank Account Options and Interest Rates Account Type Interest Rate Best For Daily High Interest Account 1.25%* People who want the highest consistent interest…

buying real estate

Buying a House in Canada – Why I Can’t Wait To NOT Be a Homeowner

By Kyle Prevost July 10, 2021

By the end of the summer I will no longer be a homeowner. In many countries that statement would be a simple matter of personal…

longevity pension

Canada’s Purpose Longevity Pension Fund: Is It a Guaranteed 6.15% Pension for Life?

By Kyle Prevost June 19, 2021

For many years Canadians had some excellent options when it came to determining where they were going to get money from in retirement. You had…

Smith Manoeuvre

Have I Given Up on the Smith Manoeuvre?

By FT June 12, 2021

Out of many investing topics written about on Million Dollar Journey, the Smith Manoeuvre was one of the first and among the most popular investment…

laptop with cover

Snag Your Free Canadian Expat eBook

By Kyle Prevost March 28, 2021

Want to get paid a tax-free salary while working in a place where you don’t need to own a jacket or winter boots? Here’s the…

Tfsa Vs Rrsp2

TFSA vs RRSP- Canada’s Registered Account Faceoff

By Marc January 23, 2021

The eternal questions I get every year, especially around tax season, are: “Should I max out / invest in my RRSP or TFSA?”  “RRSP or…

Big Banks Mutual Funds

The Best Online Banks in Canada 2021

By Hannah January 17, 2021

Given the new importance of doing things online in 2020, we felt that we needed to refresh our best online banks in Canada article for…

"I've completed my million dollar journey...

Want some help with yours?”

Instantly download our free eBook on tips for how to organize your RRSP, TFSA, and other investments, in order to get the most out of your retirement at any age.

Can I Retire Yet single laptop (1)