emergencyBreaking NewsSchwab’s revenue growth is accelerating — and that changes what investors should expect from brokeragesOptimi Health's Nasdaq IPO Requires 1-for-30 Reverse Split to Meet Listing PriceAptera Motors Registers 4.75 Million Shares for Investor ResaleRecessionary Market Volatility Requires Long-Term Investment StrategyBitcoin Recovery Erases MicroStrategy's $14.5 Billion Unrealized LossSchwab’s revenue growth is accelerating — and that changes what investors should expect from brokeragesOptimi Health's Nasdaq IPO Requires 1-for-30 Reverse Split to Meet Listing PriceAptera Motors Registers 4.75 Million Shares for Investor ResaleRecessionary Market Volatility Requires Long-Term Investment StrategyBitcoin Recovery Erases MicroStrategy's $14.5 Billion Unrealized Loss
DoiDoi
Credit & Lendingexpand_more
Credit CardsPersonal LoansStudent Loans
Markets & Investingexpand_more
Stocks & ETFsCrypto & BlockchainFed & Macro
Retirement & Benefitsexpand_more
401(k) & IRASocial SecurityRetirement Policy
Real Estateexpand_more
Mortgage RatesHousing Market
Financial Foundationexpand_more
Budgeting & SavingInsurance
Latest News
MarketsPortfolio
The Digital Ledger
Credit & Lending
Markets & Investing
Retirement & Benefits
Real Estate
Financial Foundation
Latest News
Dashboards

Institutional Financial Analysis

Home/Financial Foundation/SUZE ORMAN

Small-step automation reduces the psychological barrier to Canadian retirement savings

RH

Riley Harmon

Suze Orman · Apr 16, 2026

Small-step automation reduces the psychological barrier to Canadian retirement savings

Source: DojiDoji Data Terminal

Consistent, small-scale deposits make financial progress visible and measurable. This approach replaces the fixation on an overwhelming $1.42 million average retirement savings target with a strategy of weekly or per-paycheque contributions.

Related Brief8h ago
bitcoin

Bitcoin Outperformed Every Major Asset During War, Raising Questions About Its New Role as a Neutral Store of Value

Bitcoin reclaimed $75,000 this week, reversing all losses from the Iran war. Anthony Pompliano argues this price action has redefined Bitcoin’s role in global markets. During active conflict, Bitcoin outperformed stocks, bonds, and oil, contradicting the expectation that it would fall as a risk-on asset. 'If you need to move money around the world during conflict, Bitcoin becomes interesting,' Pompliano said. The asset has now decoupled from equities and is trading as a neutral, non-sovereign store of value. Pompliano’s 'True Inflation' indicator dropped from 1.7% to 1.2% in April, and the Producer Price Inflation print came in at 4.0%, below the 4.6% Wall Street expected. He attributes this structural disinflation to tariffs, deportations, artificial intelligence, and robotics. Meanwhile, the institutional arms race on Wall Street is accelerating. Morgan Stanley launched a spot Bitcoin ETF, calling it the most successful product in its history. BlackRock announced a new income-generating Bitcoin fund. Fidelity, VanEck, Bitwise, and ARK Invest are all competing aggressively for assets. Michael Saylor’s continued accumulation is deepening a supply squeeze as ETF inflows absorb available Bitcoin.

Financial expert Suze Orman recommends breaking long-term goals into small steps rather than large jumps. This shift in focus allows individuals to save more by removing the psychological weight of a large total number.

Related Brief15h ago
estate planning

Overfunded Whole Life Insurance Risks IRS Reclassification of Family Loans

The tax-advantaged structure of an overfunded whole life insurance policy collapses if the IRS reclassifies informal family loans as taxable transfers. This risk occurs when a policyholder uses the policy's cash value to lend money to children or grandchildren to avoid gift taxes, but fails to document loan terms, interest rates, and repayment schedules. The IRS can determine that these funds were not loans but transfers, triggering taxes. This strategy relies on massively overfunding a policy that combines a death benefit with a savings component to pass wealth to future generations.

Automation removes the decision-making process from the equation. In Canada, pre-authorized contributions allow for automatic withdrawals from a chequing account into a Registered Retirement Savings Plan (RRSP), a Tax-Free Savings Account (TFSA), or a non-registered investment account. Many Canadian robo-advisors and banks allow these automated deposits to be as low as $25.

Related Brief2d ago
bank earnings

Home BancShares records peak book value as non-performing assets double

Book value per common share reached a record $22.15 at March 31, 2026, while tangible book value per common share rose to a record $14.87. These figures follow a first quarter where Home BancShares reported net income of $118.2 million. During the same period, non-performing loans increased to $182.1 million from $85.0 million in the previous quarter. Non-performing assets rose to $224.1 million from $124.8 million. The increase was primarily driven by one loan relationship with a balance of $92.1 million being placed on non-accrual status. Consequently, non-performing loans to total loans rose to 1.16% from 0.54%.

Regular contributions to these accounts build a savings buffer. This transition from manual saving to automated, small-step consistency reduces the anxiety associated with a $1.42 million retirement target.

Related Brief11h ago
retirement planning

Median US retirement savings hit $955

The median amount US workers have saved for retirement is $955. This figure, which includes those with no savings, comes from a report by the National Institute on Retirement Security. For workers who have savings, the median balance is $40,000. Among those nearing retirement, aged 55 to 64, the median is $30,000. The American Enterprise Institute projects the Old-Age and Survivors Insurance trust fund will run short of funds by 2032, at which point Social Security benefits could be cut by 24%. Savings levels vary by income bracket. According to the Transamerica Institute, the median retirement savings for households earning under $50,000 is $2,000. For those earning $50,000 to $99,000, the median is $33,000. For households earning $100,000 to $199,000, the median is $147,000. For those earning $200,000 and above, the median is $565,000.

Suze Orman

The Ledger Morning

The essential intelligence to start your trading day. Delivered 6:00 AM EST.

Join 50,000+ professionals who start their day with The Digital Ledger.

No spam. Unsubscribe anytime.

Read More Analysis

SEC enforcement action

Optimi Health's Nasdaq IPO Requires 1-for-30 Reverse Split to Meet Listing Price

Optimi Health Corp. will effect a 1-for-30 Reverse Share Split immediately prior to the effectiveness of its registratio…

SEC retail investor rule

Aptera Motors Registers 4.75 Million Shares for Investor Resale

Existing investors in Aptera Motors may now resell 4,751,250 shares of Class B common stock, following an amended Form S…

DoiDoi

© 2026 DojiDoji. All rights reserved.

EditorialEditorial GuidelinesCorrections
LegalPrivacy PolicyTerms of Service
DisclosureSEC DisclosuresAd Choice
SocialX (Twitter)LinkedIn