The 4% Solution

The infamous withdrawal rate A lot of research has been done in the last decade on determining a "safe" withdrawal rate. Basically, how much can you take from a fund each year so that the odds of running out of money (the "Probability of ruin") is almost zero...

By: RetireWare / Equisoft On 2:20 PM

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Going for the Long Haul

Withdrawal order Life is not a sprint, it's a marathon. So you must pace yourself and spend just the right amount during retirement in order not to run out of money. This is where more saving, more investing, and less spending will improve your odds. Your withdrawal strategy...

By: RetireWare / Equisoft On 10:23 AM

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CPP Pension

Question: I am having difficulty getting RetireWare to show my expected CPP pension income. I am currently semi-retired, age 56. I have no full-time employment earnings and have checked 'Already retired' in Financial Information. Nor am I currently in receipt of any CPP pension, so I can't enter...

By: RetireWare / Equisoft On 1:14 PM

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Will I have enough?

The days of being sent off in the sunset with a gold watch, a pension and health insurance for life are gone forever I'm afraid. We now have to rely on our own savings, the Canada (or Quebec) Pension Plan and Old Age Security. Only a lucky few...

By: RetireWare / Equisoft On 5:48 PM

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Updating Date of Calculation

Questions: 1. When I load my old file, which worked fine before, it says my retirement date is befoe the minimum date allowed? I picked same date from the calendar and got same message? 2. My Date of Financial Information also gives the same out-of-range message. I tried...

By: RetireWare / Equisoft On 5:47 PM

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