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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...
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Walmart Revamps In-Store Experience: Self-Checkout Machines to be Phased Out

 

In a significant shift in retail operations, Walmart has announced the removal of self-checkout machines from select stores, aiming to enhance the customer shopping experience. This decision comes as part of a broader strategy to provide more personalized service and efficient assistance through human cashiers.

Key Changes:

  • Self-Checkout Removal: Two Walmart stores, one in St. Louis and another in Cleveland, are set to eliminate self-checkout machines within two weeks.
  • Customer Service Focus: The move is intended to improve in-store shopping and offer customers more personalized service.
  • Industry Trend: Walmart follows other retailers like Target and Dollar General in reducing reliance on self-service checkout due to theft concerns and customer feedback.

Impact on Shoppers: Shoppers can expect a more traditional checkout experience with staff assistance, potentially reducing theft and errors associated with self-service machines. The change also reflects Walmart’s commitment to addressing customer needs and enhancing the overall shopping environment.

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