Turn savings into a paycheque

Plan retirement income

For people approaching retirement or already retired.

Learn how spending, pensions, withdrawals and investments can work together—and what needs regular review.

1Investing while withdrawing2CPP, OAS and GIS explained3GIS explained4When to start OAS5When to start CPP6OAS recovery tax7Your RRSP at 718Understand a RRIF9Create monthly income10Life annuities and income11Housing and your plan

Suggested sequence

Learn one decision at a time.

Read in order, skip ahead or use one article to answer today’s question.

  1. 1
    Available · 8 min read

    How Investing Changes When Withdrawals Begin

    Understand why withdrawals and market changes need to be reviewed together.

    Read
  2. 2
    Available · 5 min read

    What Are CPP, OAS and GIS? How Are They Different?

    Understand the broad connection behind CPP, OAS and GIS before checking your own eligibility and estimates.

    Read
  3. 3
    Available · 6 min read

    What Is GIS and Who May Qualify?

    Understand the broad GIS eligibility map and know which current details to confirm with Service Canada.

    Read
  4. 4
    Available · 7 min read

    When Should I Start OAS?

    Understand the trade-off between receiving OAS sooner and a larger payment later.

    Read
  5. 5
    Available · 7 min read

    When Should I Start CPP?

    Understand what changes when CPP begins earlier or later.

    Read
  6. 6
    Available · 8 min read

    What Is the OAS Recovery Tax?

    See why income level and timing can affect the OAS ultimately kept.

    Read
  7. 7
    Available · 8 min read

    What Happens to My RRSP When I Turn 71?

    Understand the available RRSP transition choices and the questions to confirm.

    Read
  8. 8
    Available · 8 min read

    What Is a RRIF and When Do I Need One?

    Understand the RRSP-to-RRIF transition and how RRIF cash flow enters a retirement plan.

    Read
  9. 9
    Available · 8 min read

    How Do I Turn Retirement Savings Into Monthly Income?

    Connect retirement spending with dependable income and flexible portfolio withdrawals.

    Read
  10. 10
    Available · 7 min read

    Could a Life Annuity Provide Part of My Retirement Income?

    Understand where a quoted life annuity may fit beside benefits, pensions, spending and an invested portfolio.

    Read
  11. 11
    Available · 7 min read

    How Might Staying, Downsizing or Renting Affect My Retirement Plan?

    Separate ongoing housing costs, transition costs and home equity before comparing a change.

    Read
See the complete learning path
  1. Essential and Flexible Retirement SpendingComing soon
  2. How Pensions, Withdrawals and Spending Fit TogetherComing soon
  3. Reviewing Retirement Income After a Life ChangeComing soon

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