rrsp_tfsa_nest_egg

Learn How to Reduce Your Monthly Costs So You Can Start Saving for Your Retirement

When you retire, you will only get a certain amount of money each month and living on a restricted income can be difficult to do. If you want to be able to live comfortably after you retire, you need to save as much money as you can before your retirement takes place. The following guide walks you through a few things you can do to start saving for your retirement right away. Reduce Your Monthly Expenses There are many people who spend more money than they should on their monthly expenses each month. ...

Continue Reading →

How To Set and Achieve Dividend Retirement Goals

This is a guest contribution by Ben Reynolds at Sure Dividend.  Sure Dividend uses The 8 Rules of Dividend Investing to find high quality dividend growth stocks suitable for long-term holding. The ‘holy grail’ of a dividend investing is when dividend income exceeds your monthly expenses.  At this point, you are completely financially free.  You can retire (if you choose) on your own terms knowing your expenses are taken care of by your investment portfolio. It sounds so simple.  ‘Just build ...

Continue Reading →

Tips For Investing For Your Retirement

Gone are the days when you could work for the same company for your entire career, then retire and receive a nice pension in your golden years. Now, you must exercise the discipline to save money for your own retirement. One of the most important things you can do for your financial future is to start investing. The younger you are when you set clear financial goals, especially for your retirement, the better. However, no matter how old you are, there is no better time than now to begin investing ...

Continue Reading →

Better Late Than Never: How to Save for Retirement After 40

Once people reach their mid fifties, they finally start seeing the light at the end of the tunnel. It’s around this time that they start to plan for what they’ll do once they retire, imagining lazy afternoons on the golf course or having lunch with friends. They often envision the trips they’ll take with spouses and all the wonderful extra time they’ll spend with their family. But what if you haven’t started saving yet? What if you’re in your forties and had to ...

Continue Reading →