Tag: retirement planning
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New RRSP and TFSA Limits for 2026: What Savers Need to Know
What’s changing in 2026 for RRSPs and TFSAs The Canada Revenue Agency (CRA) has released the 2026 limits for registered retirement savings plans (RRSPs) and tax‑free savings accounts (TFSAs). For Canadians who use these accounts to grow their retirement nest eggs, the headline change is a higher RRSP contribution cap in 2026. Alongside this, the…
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New RRSP and TFSA Limits Revealed for 2026: What Savers Need to Know
H2: 2026 RRSP and TFSA: A snapshot for savers The Canada Revenue Agency (CRA) has unveiled the 2026 limits for two of Canadians’ most important savings vehicles: RRSPs and TFSAs. As the new year unfolds, savers will want to understand how these changes impact retirement plans, tax planning, and year-end contribution opportunities. While there are…
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Can Mark and Margaret Semi-Retire in Their 50s and Fund a $250,000 Inheritance for Each Child?
Setting the Scene: A Path to Semi-Retirement and Legacy Mark and Margaret, now in their mid-50s, dream of semi-retiring while ensuring their two children are well-supported. The couple arrived in Canada two decades ago with little more than a plan and a couple of suitcases. Today they are financially established and pondering a bold goal:…
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Can a Pair of Million-Dollar Dreams: Semi-Retire in Their 50s and Gift Early Inheritances of $250,000
Can a couple semi-retire in their mid-50s and gift early inheritances? Many families dream of achieving financial independence early and passing on meaningful wealth to their children. For Mark and Margaret, who immigrated to Canada two decades ago with modest means, the question isn’t just about saving more—it’s about balancing lifestyle, risk, and legacy. Could…
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Early Planning for Retirement: Kenya’s Pensioner Pulse and the Need for Stronger Schemes
Why Kenya Needs Stronger Pension Schemes Now With an aging population on the horizon, Kenya faces a critical question: how prepared are its workers for retirement? The Retirement Benefits Authority (RBA) has released insights from its 9th Pensioner Survey, highlighting gaps in readiness and the potential financial strain on retirees. The findings underscore a clear…
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Kenya Pension Readiness: Planning for Retirement Peace of Mind
Unlocking Retirement Peace of Mind: Why Kenya’s Pension Readiness Matters As Kenya’s workforce ages, the need for solid pension planning has moved from a private concern to a national priority. Insights from the Retirement Benefits Authority (RBA) and its 9th Pensioner Survey shed light on how prepared kenyans are for a financially secure retirement. The…
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Planning Now for a Secure Retirement: Lessons from Kenya’s 9th Pensioner Survey
Why pension planning matters for Kenya’s ageing workforce As economies grow and life expectancy rises, more Kenyans are living longer after work. Yet a robust safety net in retirement is not guaranteed. The Retirement Benefits Authority (RBA) has released insights from its 9th Pensioner Survey, underscoring a clear concern: without proactive planning, many will face…
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Higher CPF Monthly Salary Ceilings and Contribution Rates: What to Expect from 2026
Singapore to raise CPF wage ceilings and contribution rates from 2026 Singapore’s Central Provident Fund (CPF) is undergoing notable reforms aimed at boosting retirement adequacy for residents. Beginning in 2026, the government plans to raise the ordinary wage ceiling and adjust CPF contribution rates. The exact figures are set to be announced by the authorities,…
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What to Expect from 2026: Higher CPF Wage Ceilings and Contribution Rates in Singapore
I’m ready to draft the full SEO-optimized article, but I need the exact figures to ensure accuracy. The excerpt you provided ends with the CPF ordinary wage ceiling being raised from …, and the rest of the key numbers (new ceilings, new contribution rates, employer vs employee splits, and any caps for various age groups)…
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Don’t Neglect Physical Fitness When Planning Retirement
Why retirement planning should include fitness When people map out their retirement, financial goals, travel plans, and living arrangements often take center stage. Yet physical fitness should be a foundational pillar of any retirement plan. Regular movement helps maintain strength, balance, and energy, making it easier to pursue long‑held dreams and stay independent in the…