As a former licensed financial advisor, and now financial writer, Anne Papmehl has enjoyed helping Canadians on their journey towards financial literacy. Outside of the financial industry, Anne writes on numerous other topics, such as health care, technology, innovation, e-commerce, careers and education. She is also a research consultant, working in the areas of energy, environment, agri-business, investor relations and emergency preparedness, and recently edited a book of case studies written by several of her colleagues.
In her Tangerine blogs, Anne likes to share stories of herself, neighbours and friends to illustrate personal financial concepts. To learn more about Anne, see: www.ecostratcommunications.ca
If this is the year you turn 71, you have until December 31 to wind down your RSP. You have some options: * Convert to a Retirement Income Fund (RIF) * Convert to an annuity * Withdraw the entire amount to cash * You can also have a combination of the three Whatever option you choose, keep in mind that most financial institutions...