English booklet: APRIL 2023
Cheat Sheet Update2023Apr
Low Income Retirement Planning -January 2023
Cheat sheet Update 2023Jan
Low income retirement planning October 2022 2022
Low Income Retirement Planning Booklet, July 2022
- Low income retirement planning: Four things to think about
- Maximizing GIS: A background paper on retirement financial planning for Canadians with very low incomes
- Determining OAS and GIS eligibility for people who come to Canada as adults
Cheat sheet update, October 2022
Toronto Public Library presentation, February 15, 2022
To learn more about retiring on a low income, join John at a workshop. To request a workshop in your community, contact John.
Tip: RRSP GIS Calculator tells you how much extra you’ll get if you cash out your RRSP before age 65, a key strategy for low income retirement and GIS access
2021 Media
Letter to the Prime Minister on GIS
Presentation YouTube for West Scarborough Legal Services: Low income Retirement
2020 Media
John speaks with Jason Pereira, March 2020 (transcript)
2019 Media
Retiring on a Low Income 2019 presentation includes new OAS GIS application form
Don’t tick the box! After 7 years of telling people to tick the box to get GIS – Now you Don’t tick the Box!
Interview with Preet Banerjee, March 7, 2019
Listen to it on Mostly Money or right here:
Translations
French
Gujarati
Simple Traditional Chinese
Workshops – 2014-2019
2019 Workshops in Toronto public libraries:
- Sept. 16 – Humber Bay
- Sept. 25 – Don Mills
- Sept. 30 – Northern District (set originally for Sept. 10)
- Oct. 2 – Woodside Square
- Oct. 10 – Albion
- Oct. 21 – Malvern
2018 Workshops in Toronto public libraries: flyer
- Malvern Library Malvern Nov. 10
- Agincourt Library Dec. 8
- Poster for library talks
- Library Presentation Retiring on a Low Income
2017 Dates:
- Toronto, April – May 2017 – Personal finance low income plain language advice workshops – Presented at 9 Toronto library branches
- Toronto, Nov. 2016 – Planning to Retire on a Low Income: What You Need to Know
- Perth, Sept. 2016 – Planning to Retire on a Low Income Library Poster
- Toronto, Fall 2015 – Personal Finance Low Income Poster
- Toronto, June 2014 – Retiring on a Low Income – WoodGreen Community Services
2014 Toolkit & Related Publications
Resources for Canadians on planning for retirement on a low income. Some examples relate to Ontario only.
- The Complete Kit, which contains:
- Low Income Retirement Planning: Four things to think about
- Determining OAS and GIS (Guaranteed Income Supplement) eligibility for people who come to Canada as adults: A toolkit
- Maximizing GIS (Guaranteed Income Supplement): A background paper on retirement financial planning for Canadians with very low incomes
- Press kit
- RRSP’s: A Tally of Advantages and Disadvantages
- Abigail – A case study
- Low income Retirement Planning & Maximizing GIS (September 2016)
- All the $$ Advice a Low Income Canadian Needs on 1 Sheet of Paper – Inspired by and adapted from Chicago Professor Harold Pollack
- Teaching Personal Income Taxes and Ownership: Grocery and Retail Store Analogies
- Retiring on a low income – Post mortem
Preet Banerjee tells it like it is for low income retirees: from 5:36 to 6:41 – worth a listen! Jan 13, 2015
Archived updates
Update 2020: Valid until next change
Update April 2019: Valid from April 2019 until next change
Update January 2019: Valid from January 2019 until next change
Update October 2018: Valid from October 2018 until next change
Update April 2018: Valid from April 2018 until next change
Update January 2018: Valid from January 2018 until next change
Update July 2017: Valid from July 2017 until the next change
Update October 2016: Valid from October 2016 until the next change
Update July 2016: Valid from July 2016 until the next change
Detailed Changes to the 3 booklets and partial New OAS-GIS-Calculation-July 2014 (1)
Update2015fall1–Valid from October 2015
Update2015summer– Valid from July 2015. Worth a look – many changes!
Update2014fall -Valid From October 2014 until next change
Update2014summerfall – Valid from July 2014 until September 2014
Update 2014 winter/spring – Valid from January 2014 to June 2014 (No changes in April 2014)
Update 2013 fall – Valid from October 2013- December 2013
Numbers for summer 2013 – Valid until September 30, 2013
Numbers for spring 2013 – Valid until June 30, 2013
Related Publications
Globe & Mail’s Rob Carrick 3 interviews on seniors in poverty, RRSP’s, and TFSA’s
- Seniors living in poverty
- Why are RRSP’s so bad for low income retirees?
- How does the TFSA benefit low income people as well as the wealthy?
BC Centre for Elder Advocacy and Support
Media and Events
- David Trahair, Low income retirement planning, April 1, 2017, CPA Magazine
- Daniel Workman, Creditcards.com, 5 smart financial moves for low-income seniors, November 12, 2014
- Adam Mayers, Toronto Star, How retiring before age 60 affects your CPP pension, May 4, 2014
- Global News, RRSPs mapped – are Toronto’s future retirees skimping on saving?, February 27, 2014
- Toronto Public Library, presentation by Ellen Roseman and John Stapleton, February 3. 2014
- Black Creek Financial Action Network, presentation by John Stapleton, Retiring on a Low Income, June 2013
- Natasha McKenna, Why is mainstream financial advice often wrong for older low-income Canadians?, Canadian Centre for Financial Literacy, December 13, 2012
- CAMH, James Daw, Low Income Seminar and John Stapleton, Retiring on a Low Income, October 25, 2012
- CARP, A Helpful Toolkit, September 2012
- Preet Banerjee, Globe and Mail, How RRSP payments can help seniors with benefits, February 2012
- Preet Banerjee, Globe and Mail, When does it make sense to invest in an RRSP…and when doesn’t it?, February 2013
- John Stapleton, Tamarack: Vibrant Communities, Low income retirement planning in Canada, January 2013