Skip to main content

Featured

The 4% Rule Just Dropped to 3.9% — But Your RRIF Doesn't Care

  Published August 5, 2026 Morningstar's newest research says retirees can safely start withdrawing 3.9% a year. Ottawa's RRIF rules don't ask what's "safe" — they just tell you how much to take out, whether the math agrees or not. For years, the shortcut retirees leaned on was simple: take out 4% of your portfolio in your first year of retirement, bump it up with inflation every year after, and your savings should last three decades. Morningstar's 2026 State of Retirement Income report just trimmed that number to 3.9%. On its own, that's a small adjustment. On a $500,000 portfolio, it's the difference between withdrawing $19,500 or $20,000 in year one. But for Canadians, the number that actually controls the withdrawal isn't Morningstar's — it's the Canada Revenue Agency's. And once your RRSP becomes a Registered Retirement Income Fund, the CRA's required minimum can blow right past whatever a "safe" withdrawal rate i...
Post a Comment
Read more

article

Labels

Hamas Releases Video of Two Israeli Captives Held in Gaza

 

Hamas, the militant group in Gaza, has published a video showing the first proof of life of two hostages being held: Keith Siegel, a 64-year-old American-Israeli citizen, and Omri Miran. In the undated footage, Mr. Miran states that he has been held captive for 202 days, while Mr. Siegel mentions the Passover holiday, suggesting the clips were filmed recently.

Mr. Siegel was kidnapped along with his wife Aviva on October 7. Aviva was freed in November during a brief truce, but at that time, she did not know if Keith was still alive. The Hostages Families Forum Headquarters confirmed that the Siegel and Miran families are aware of the latest video. This proof of life is the clearest evidence that the Israeli government must do everything to approve a deal for the return of all the hostages.

The video comes after another proof-of-life video released earlier in the week, showing Israeli-American hostage Hersh Goldberg-Polin, who lost his lower left arm during Hamas’s attack on southern Israel in October.

In the video, both Mr. Siegel and Mr. Miran urge the Israeli government to agree to a deal with Hamas for a ceasefire and the release of hostages. However, weeks of indirect negotiations have failed to produce an agreement. Hamas has previously insisted that any deal should include a permanent end to the war, full Israeli military withdrawal from Gaza, and unrestricted return of displaced people to their homes. Meanwhile, Israel maintains its stance that it must destroy Hamas in Gaza and free the hostages.

Despite warnings of potential humanitarian consequences, Israel appears to be moving ahead with plans for an offensive in Rafah, southern Gaza, where 1.5 million displaced Palestinians are sheltering.



Labels:

Comments

Post a Comment