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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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Sabotage Disrupts France’s High-Speed Rail Network Ahead of Olympics

 

France’s high-speed TGV rail network has been targeted by malicious acts, disrupting some of the nation’s busiest lines just hours before the Paris Olympics opening ceremony. The state-owned railway operator SNCF reported that arson attacks were carried out to damage their facilities. These coordinated acts of malice have affected several high-speed TGV lines to the west, north, and east of Paris, leading to cancellations and queues at Gare Montparnasse station in the city. SNCF warns that the situation could persist for at least the entire weekend while repairs are conducted. Stay tuned for live updates as authorities investigate this disruption.

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