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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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Security Breach: Journalist Accidentally Added to U.S. War Plan Chat

In a startling security lapse, Jeffrey Goldberg, editor-in-chief of *The Atlantic*, was mistakenly included in a Signal group chat discussing classified U.S. military operations. The chat, reportedly created by National Security Advisor Mike Waltz, involved high-ranking officials, including Vice President JD Vance and Secretary of Defense Pete Hegseth. The group was coordinating airstrikes against Houthi targets in Yemen.

Goldberg initially doubted the authenticity of the messages but realized their legitimacy when the strikes occurred as described in the chat. This incident has raised serious concerns about the handling of sensitive information on unsecured platforms. The White House has acknowledged the breach and is reviewing the situation.

This unprecedented mistake highlights the risks of using non-secure communication tools for national security matters, sparking debates about operational security and accountability.

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