For someone on basic pensions choice is limited to seniors buildings that are rent geared to income or long term care - this is unfortunate because there are a whole group of people that fall between the cracks here. Read More
Nursing home/Long-Term Care across Canada varies in terms of terminology and cost factors. Long-term care is regulated & monthly rates are determined by each provincesâ€™ Ministry of Health. Every province determines what their rates are, when they are increased and by how much and what subsidies are available for those below the income level of the minimum accommodation rates. Read More
Canadian Retirement Income Calculator Do you know how much money you can expect to receive when you retire? The Government of Canada has developed an online calculator that can help you to determine what you might expect to receive monthly from both government and private sources your may have.
Retirement Savings Plans Do you know what an RRSP is? Do you know what a RRIF is? Do you know what an RPP is? The Canada Revenue Agency has created an online Guide that explains the differences and your options in terms of contributions, rollovers and transferring between plans.