SECTION / SAVINGS
3 SHEETS ON FILE
Savings
RRIFs, TFSAs and workplace pensions: the arithmetic of drawing down what was put away.
SHEET 010 / SAVINGS
What inflation does to a workplace pension that isn't indexed
The cheque stays the same. What it buys does not. At two per cent a year, a fixed pension loses about a third of its purchasing power in twenty years.
SHEET 009 / SAVINGS
TFSA or RRSP after 65, and what the numbers tend to favour
When the tax rate in equals the tax rate out, the two accounts finish level. After 65, OAS and GIS are what tip the balance.
SHEET 008 / SAVINGS
Why RRIF minimum withdrawals rise every year
The prescribed factor climbs from 5.28% at 71 to 20% at 95. Run the same balance down the table and the shape of a RRIF becomes obvious.
OTHER SECTIONS
PensionsHow the Canada Pension Plan is built, indexed and paid, worked through line by line.
5 SHEETS
TaxesThe credits and thresholds on a retirement tax return, and what each one is worth in dollars.
2 SHEETS
BenefitsIncome-tested and disability benefits, and the rules that decide how much of them arrives.
2 SHEETS
THE THURSDAY SHEET / FREEThe Thursday Sheet. Rates, thresholds and dates behind Canadian retirement income, on one page.
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