Finance 101 Retirement Planning Articles

Paying down your mortgage and saving for retirement are two worthy goals. But can you work toward them at the same time?

First, the advantages of paying down your mortgage:

• You will pay less in interest over the long term. The sooner you pay off your mortgage, the less you will pay in interest.

• You will realize more equity when you sell your home. The less you owe on your house, the greater the equity you have built up when you sell it.

Any thoughts of January marking a fresh start for equity markets or economies were dashed during yet another month of gloomy

What does retirement look like for you?

The Old Age Security Program (OAS) is one of the cornerstones of Canada’s retirement income system.

In Canada where taxes can almost be 50% of your taxable income, saving taxes should always be a priority of any financial plan.