How financial advisors can help at different life stages + MORE Mar 23rd

There are plenty of retirement plan options in Canada! Stay on top of the best plans right here.
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Russ Dyck financial advisor Nov 8th

Meet Russ Dyck Russ Dyck, a Certified Financial Planner and founder of Finovo, specializes in financial planning for professional couples and young professionals. He is passionate about helping clients navigate complex financial decisions with clarity and confidence, tailoring each plan to meet t.... More »

Can Canadian investors save tax when a stock’s company goes bankrupt? Dec 27th

Ask MoneySense The company of a stock I own went bankrupt. Am I able to claim losses? If so, how? —Jake  Can you save on tax when a company you invest in goes bankrupt? The short answer is: it depends, Jake. But, I will outline the factors to consider to determine if and how you ca.... More »
 freedom 55

Scammers want your retirement—here’s how to protect yourself + MORE Mar 21st

Here’s something worth knowing if you’re over 55: scammers are coming for you. Just in time for Fraud Prevention Month, new research from Blood Finance and Angus Reid confirms that fraudsters target people in this age group. Case in point: 87% of people in this age bracket reported recei.... More »

30 and no pension: What are your options? Sep 6th

Alexandre Crupi has a lot of expenses. The 31-year-old investment specialist at Steadyhand Investment Funds, along with his fiancee, are paying for a September wedding. Then there’s the cost of their forthcoming honeymoon. They hope some day to buy a house. On top of all that, Crupi doesn’t curr.... More »
 cpp

Should I draw down my RRIF to avoid estate taxes? + MORE Apr 25th

Ask MoneySense Is it a good idea to withdraw more money monthly than one needs from one’s RRIF? What about beginning a regularly automated transfer of this extra money to one’s non-registered investments so that there is less money in the RRIF account upon death? As a result, the estate will be .... More »
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When it comes to figuring out your finances and planning for the future, working with a pro can make this process easier. Canadians who feel hopeful about their financial future are more likely to be working with a financial professional, according to research by FP Canada. 

Depending on your situation, you may find that receiving advice from a pro can help you get your financial affairs in order—and get ahead financially.

Money advice for every phase of life 

Financial advisors provide some or all of these services:

Financial planningInsurance planning and implementationMortgage/lending implementationInvestment planning and implementation

Whether you’re looking to buy property, grow your business or save for retirement, you can find an advisor who fits your needs. (Learn about different types of advisors.)

Based on what you need, you can work with an advisor as often as you’d like, from a single service to an ongoing basis. Here we break down the life stages and situations when an advisor can be helpful for your financial goals…

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