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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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Tragedy Strikes at Campaign Rally: Attendee Killed, Trump Escorted Off Stage After Gunfire

A campaign rally for former President Donald Trump in Des Moines, Iowa, took a tragic turn when gunfire erupted, leading to the death of an attendee and the swift evacuation of Trump by Secret Service agents. The incident occurred just as Trump began addressing his supporters, plunging the event into chaos and fear.

A Rally Interrupted

The rally, part of Trump's efforts to secure the Republican nomination for the 2024 presidential election, was initially filled with excitement and enthusiasm. Thousands of supporters gathered to hear Trump speak on key issues and his vision for America's future.

Chaos Unfolds

The situation changed abruptly when shots were heard from within the crowd. Secret Service agents quickly surrounded Trump and escorted him off the stage, while attendees scrambled for cover. The crowd's initial confusion turned to panic as people realized the severity of the situation.

Immediate Response

Emergency services were immediately called to the scene, and law enforcement agencies, including local police and federal agents, worked to secure the area. Medics attended to the injured, but tragically, one attendee succumbed to their injuries. The identity of the deceased has not yet been released, pending notification of next of kin.

Campaign's Statement

Following the incident, a spokesperson for Trump's campaign addressed the media, confirming that Trump was unharmed and had been taken to a secure location. "Our hearts go out to the victim and their family. We are grateful for the swift actions of the Secret Service and law enforcement," the spokesperson said.

Investigation Launched

Law enforcement agencies have launched a full investigation to determine the circumstances surrounding the shooting. Preliminary reports indicate that a lone gunman may be responsible, but authorities are working to gather more information and ensure the safety of future events.

Political and Public Reaction

The tragic event has sent shockwaves through the political community and the public. Political leaders from both parties have expressed their condolences and condemned the violence. The incident highlights the intense and often volatile nature of the current political climate, raising concerns about the safety of public events.

Moving Forward

As the investigation continues, Trump's campaign is expected to reassess security measures for upcoming events. The tragedy has underscored the need for heightened vigilance and the importance of protecting all participants at political rallies. The campaign will likely face increased scrutiny and pressure to ensure such an incident does not happen again.



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