Why Canada’s RRSP Reform Could Save Your Retirement

SIMA urges Ottawa to update Canada’s retirement savings rules by raising the RRSP-to-RRIF conversion age from 71 to 73 and eliminating mandatory RRIF withdrawals for accounts under $200,000. The changes aim to give seniors more flexibility, help manage longevity risk, and align policy with today’s economic realities.

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Best RRSP Investment Options to Maximize Your Future

This post outlines various RRSP investment options for Canadians in mid-career looking to maximize retirement savings. It discusses mutual funds, ETFs, GICs, stocks, bonds, robo-advisors, and REITs, highlighting their pros and cons. The key is to balance growth and safety based on individual goals and risk tolerance.

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