This tag should be used for any questions related to retirement or post-retirement, such as planning or saving for retirement, or asking about benefits or issues after retirement.

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8
votes
6answers
1k views

What size “nest egg” should my husband and I have, and by what age?

Of course I know I should have a substantial sum of money that generates its own income, off which my spouse and I will live, when we retire. But what is the right amount to have, or even a range? ...
7
votes
3answers
406 views

Should I buy individual bonds for my retirement portfolio, or stick to funds/ETFs?

To avoid the fees on bond mutual funds or exchange traded funds I have been thinking of buying actual bonds inside of my retirement portfolio. Does that make sense or are there drawbacks to consider?
4
votes
1answer
119 views

What kind of traditional IRA should I use to hold funds from old employer 401K plans?

Further to another question I asked , if I am going to open a traditional IRA to hold funds consolidated from old 401K plans, what should I be looking at for the most flexibility? There are lots of ...
8
votes
3answers
330 views

What's the best way to manage all the 401K accounts I've accumulated from my past jobs?

I should be managing my retirement money better and one problem is the number of accounts I have (4). Would it be better for me to consolidate and what's involved in doing so?
3
votes
3answers
358 views

What is my % return on investment for various home renovations upon resale of my house?

For instance, I've heard that there is a minimum 75% return-on-investment ("ROI") on bathroom and kitchen renovations - is that an accurate figure? What about the other rooms in my home? Are there ...
17
votes
7answers
994 views

Is Real Estate ever a BAD investment? If so, when?

Even in a bad market, over 30 years won't the value of Real Estate always go up? Is it always a sure bet? If not, what should an investor or buyer consider?
4
votes
3answers
1k views

Should I have an RRSP on top of a pension?

I am a teacher and automatically contribute into the Teacher's Pension Plan every paycheque. This pension plan is considered to be one of the best in the country. Do I need to have an RRSP as well? ...
9
votes
3answers
364 views

Can I withdraw from my Roth IRA retirement account to fund a startup?

I'm 24 years old and have $10k in my retirement accounts (Roth IRA) after about a year with a real job. I'm considering withdrawing the entire balance to support myself for a few months while I ...
5
votes
4answers
183 views
6
votes
5answers
256 views

Should I take Social Security earlier than full retirement age, or wait for more?

Should I take Social Security earlier than the full retirement age shown on my statement? I'm concerned they'll change the rules and I'll lose out if I wait. :-/ What is the likelihood the rules ...
9
votes
3answers
532 views

What kind of investments should I have in my RRSP?

I plan to retire in 15-20 years... what kind of investments should I consider holding in my RRSP? I don't like very risky investments, but I also don't want to be too conservative.
19
votes
1answer
489 views

What are the differences between a “traditional” IRA and a Roth IRA?

I hear that a traditional IRA offers a tax deduction whereas a Roth IRA doesn't, but there's got to be more to it than that: What makes a Roth IRA any good, if it doesn't provide a tax deduction? ...
8
votes
3answers
1k views

What's are the differences between “defined contribution” and “defined benefit” pension plans?

I've often heard of these two types of pension plans offered by companies: Defined contribution (DC) Defined benefit (DB) What are they and how do they differ? Is one better than the other?