Once CPP disability benefits and an annuity following a car crash end at 65, should Anita switch to a TFSA and RRSP?

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This file photograph taken on September 17, 2019, shows a sign indicating a parking space for vehicles of persons with reduced mobility at the entrance to a car park near Lille, northern France.

Q. I am 46 years old and live in Edmonton. I currently have $10,000 saved for emergencies and no money invested. Three years ago, I was involved in a car crash and suffered a brain injury. I was awarded some money from the insurance company just this past year and I was required to take the money as a monthly annuity until age 65.

Right now, my income includes $2,600 per month (at 55 it increases to $2,850), all tax free. Plus, I get $650 per month through Canada Pension Pla...

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