All about Retirement Planning in Canada. Learn the ins and outs and get the latest news. How much has the pandemic hurt your retirement plans? We delve into the retirement portfolios of two couples hit hard by COVID-19 to see what damage was done – thestar.com We start with Deborah and Daryl Burton, a Toronto […]
Not sure how to make a retirement plan? Read on… When are tax-deferred and tax-free accounts actually taxable? – moneysense.ca Q. I saw your blog online; thank you so much for the wonderful job that you are doing—it was very informative! That motivated me to start investing too, but now I have a couple of […]
There are plenty of retirement plan options in Canada! Stay on top of the best plans right here. Downsizing vs reverse mortgage: which option is right for you? – moneysense.ca For many Canadians approaching retirement, their home is by far their largest asset. With detached homes in major cities selling for well above $1 million, […]
There are plenty of retirement plan options in Canada! Stay on top of the best plans right here. How to maximize your last-minute RRSP contribution – moneysense.ca Mark your calendars: the deadline for Registered Retirement Savings Plan (RRSP) contributions for the 2020 tax year is March 1, 2021. But before you rush to deposit your […]
Retirement planning getting you down? There are always smart ways to plan the financial aspects of your retirement. Here’s what’s changed — and what hasn’t — in a pandemic RRSP season – thestar.com If you’ve been earning a good salary from a secure job, investing your savings in a tax-advantaged RRSP is a good idea. […]
How to go about securing the best Retirement Plan in Canada. “Why do I need a financial plan?” – moneysense.ca Q. I am in my early 50s, have a steady job, I’m not a big spender, and I make RRSP contributions. Why would I need a financial plan? I don’t see how it could help […]
There are plenty of retirement plan options in Canada! Stay on top of the best plans right here. A guide to the best robo-advisors in Canada for 2021 – moneysense.ca The robos have invaded. What was once a little-known investing tool for tech-savvy investors is now so commonplace, everyone from newbie savers to retired boomers […]
Retirement planning getting you down? There are always smart ways to plan the financial aspects of your retirement. This 34-year-old hospital worker has three kids and a mortgage to pay off. Making $104,000 a year, he wants to save $50K each for his kids. How can he start? – thestar.com Mel would also like to […]
How to go about securing the best Retirement Plan in Canada. Canada’s climbing debt-to-income ratio: what you need to know – moneysense.ca The latest headlines tell a now-familiar story: Canadian households’ debt loads have increased once again, with the debt-to-income ratio hitting 175.4% in the first quarter of 2020. But what is this ratio, why […]
How to go about securing the best Retirement Plan in Canada. Should retirees speculate? – moneysense.ca All investors need to know the difference between investing and speculation—often summed up as what you do with “serious money” versus “fun money”—and that’s doubly true for those at or near retirement. While investing is about building wealth you […]