Bonnie-Jeanne MacDonald, PhD FSA FCIA, is the director of financial security research at the National Institute on Ageing (NIA) at Ryerson University, fellow of the Society of Actuaries, fellow of the Canadian Institute of Actuaries, and resident scholar at Eckler Ltd.
Canadians with RRSP savings that they intend to spend in retirement are missing out on a great financial strategy: using some of those savings as an income bridge to delay their Canada Pension Plan (CPP) benefits.
As I wrote last week , doing so is the safest, most inexpensive pension that money can buy .But untangling all the considerations […]
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