Rising rates could be a reality for many Canadians this year or next. How will they impact your retirement portfolio?
Rising interest rates can spell trouble for a bond-heavy retirement portfolio – yet a study finds Canadians don’t know how to protect their investments should rates rise. Here are 4 alternatives to consider when safeguarding your retirement plan.
RRSPs are a great way to save tax-free for retirement – and RRIFs are meant to be a way to provide income steadily through the golden years. However, with seniors living longer than ever, it’s argued that existing RRIF withdrawal rules pose the risk of running out of money.