Latest Updates Around The World
At 50, you have 15 years left before you turn 65, Canada’s official retirement age. These fifteen years can bring about a major change in retirement planning if you fire on all cylinders. Retirement planning at age 50 At fifty, you are probably at the peak of your career and own your own home. The […]
2026 will set the tone for new deductions, tax brackets and premium space. The maximum contribution to the Canada Pension Plan (CPP) for 2026 is $4,646.45 if your maximum pension basis is $85,000 or more. The contribution amount is 4.9% higher than $4,430.1 in 2025. How your employer determines your CPP contribution in 2026 First, […]
Social benefits increase by 2.8% (AP) The Social Security Administration announced Friday that benefits will increase 2.8% in 2026, giving retirees an average monthly increase of more than $56. The increase reflects moderating inflation after several years of higher cost-of-living adjustments (COLA).The increase will take effect in January for nearly 71 million Social Security recipients, […]
Canadian retirees are looking for ways to get a better return on their savings. A popular strategy is to own high-yield TSX dividend stocks in a Self-Directed Tax-Free Savings Account (TFSA). In the current climate, with markets at record highs, it makes sense to look for stocks that have a long history of steady dividend […]
