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.
Latest News

Should you loan money to someone who is house rich and cash poor? May 18th

My daughter is 60, divorced, owns a house, perhaps $800,000 house value. She has a small mortgage and no savings of any kind. She lives on a line of credit and a credit card. Her only income is about $300 to $400 monthly CPP. She is wondering how best to manage. Should she sell now and rent for a.... More »
 registered retirement savings plan

Do bonds still make sense for retirement savings? + MORE Apr 27th

Now that it’s clear interest rates bottomed some time ago and are well on an upwards trajectory, we’re seeing headlines declaring the “death of bonds.” Notable was the Globe & Mail article by veteran columnist and author Gordon Pape, announcing he was “getting out of bonds.” W.... More »
 registered retirement savings plan

What it’s like to work with a financial advisor + MORE Apr 6th

If you’re like many Canadians, you’re probably weighing working with a financial advisor. Maybe you’ve just gotten married, started a business, expanded your family or come into an inheritance, or you’re planning your financial future as you approach retirement. A financial advisor can be.... More »
 pension

How does an executor pay estate expenses during the probate process? + MORE May 4th

I’ve realized that my large RRSP would generate a very large income tax bill if I die in the near future. I don’t have a spouse, or anyone who qualifies as a beneficiary to my RRSP on a tax-deferred basis. How can my executor pay my income taxes if it takes a year to get probated?—Carol  .... More »

Can I withdraw from RRSPs to pay bills? + MORE Apr 20th

What are the cons to withdrawing RRSP savings of $25,000 to pay off some unexpected bills I have incurred?—Anonymous Withdrawing RRSPs when you’re not retired Ahh, the unexpected bills. Anonymous, I’ll give you my initial thoughts first, and then I’ll review the cons of withdrawing .... 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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