Every year, the Financial Institutions reveal the results of various studies on Investor Behavior. One study that caught our eye was how many people take money out of their RRSPs early. While there are plans for using RRSP savings for purchasing a first home or funding further education, over 20% of Canadians dip into their plans to cover day to day living expenses. www.russlazaruk.com

Standard & Poor’s Guide to Saving for Retirement (Standard & Poor’s Guide to)

Streamlined, straightforward, and simple to read guides from Standard & Poor’s and Lightbulb Press. The easiest way to get a grip on personal finance, investing, and retirement From the world’s leading financial analysts and investor education specialists comes an invaluable foundation of knowledge for every kind of investment you want to make. These guides, a collaboration between Standard & Poor’s and Lightbulb Press, use clear language and informative graphics to demystify financial topics. The books make it easy for you to navigate the financial markets and understand the basics of investing and personal finance. This easy to understand guide covers what you need to know about planning for a financially secure retirement. It provides up-to-date information on contribution and withdrawal limits, and current legislation on IRA rollovers to estate planning.

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Question by Satish S: Retirement savings?
I am 45, wife 38, she does not work. My job does not have 401K, but I contribute to Roth IRA and maximising it. The company has a Pension Plan where the company contributes. Is there any other Retirement plans where I can contribute more for both of us on a monthy basis?

Best answer:

Answer by robert w
visit dave ramsey.com for some commonsense approach to retirement .

Add your own answer in the comments!

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