Over the years, we have met with clients in every spot on the life insurance spectrum. Some clients are over-insured, they feel it's better to be safe than sorry. Can you really have too much life insurance?
What is your RSP action plan for 2022? The government allows you to put money into your RSP up to 60 days into the following calendar year to be used towards your previous year's income tax return. That deadline for this year is March 1, 2022, in which you can use those contributions to offset your income in 2021. Determine...
A capital gain occurs when you invest in something and it goes up in value. Alternatively, a capital loss is when you make an investment and it goes down in value.
To help my clients with educating their children and grandchildren about money, I have put together a list of key ways you can get them started. Here are six things that young people can do to develop the necessary financial literacy skills that will carry them through to adulthood.
What I love about this program is that there's money from the government to help pay for the kid's education, but there's also an income-splitting opportunity you can look at, which allows that future tax liability of the grant and income to be taxed in the student's name, not in yours.
Does a conversation about money make you excited? Nervous? Anxious? Apparently money can be a stressful thing for some people to talk about. Conversations about finances can put strains on relationships. What I would like you to think about, is if simply talking about money is causing problems, what underlying issues are at play and are they really being solved by avoiding the conversation?
What's interesting is that this concept of shrinkflation has been around for a while, starting well before the Coronavirus pandemic. The reason it's become a hotter topic is because like many things, it's worsened since the pandemic.
Inflation and interest rates impact your portfolio. What is inflation and how does it impact you?
No matter your vision of retirement, there are some items that everyone nearing age 60 will want to consider. There are Seven Income Components to a successful retirement plan.
Working with hundreds of clients over 24 years, I have come to see some serious issues when it comes to retirement. Here is a list of the top “retirement killers” you want to avoid at all costs.
Did you know the average tax refund for 2021 was $2741? Here are 5 money-smart ways to spend your tax refund and accelerate your financial plan!
A core component of your retirement plan is the CPP retirement benefit (or Québec Pension Plan for Québec residents, which mirrors many aspects of the CPP). CPP offers flexibility as to when payments can begin, which affects how much you could receive. Familiarizing yourself with CPP provisions can help you decide when to start payments and optimize the benefit throughout your retirement.