OPTIMIZING YOUR RRIF
Registered Retirement Income Funds (RRIFs) are one method of drawing an income from Registered Retirement Savings Plans (RRSPs) in retirement.…
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MOVING YOUR EMPLOYER PENSION BETWEEN JOBS
As the pandemic slowly recedes, work-life balance trends emerge. A recent Angus Reid survey revealed that 19% of Canadians would…
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ADVICE FOR THE SANDWICH GENERATION
It seemed there was nothing her father couldn’t do when Margaret was growing up. He was the most capable person…
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A POINT IN TIME
There are moments in time when significant economic shifts occur that alter the future. One such moment occurred in late…
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PROTECTING YOUR FINANCIAL WELL-BEING POST-DIVORCE
“After 38 years of marriage, I was blindsided when my husband asked me for a divorce,” says Patricia, 61. “I…
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THE POWER OF COMPOUND INTEREST
“Money makes money. And the money that money makes, makes more money.”1 This quote by Benjamin Franklin is referencing the power…
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TFSA VS RRSP – Which Is Better?
I see so many people use each of these accounts in ways that hurt come tax time – it is…
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BE CAREFUL WITH RRSP BENEFICIARY DESIGNATIONS
When Margaret and James married in 2005, it was a second marriage for both of them. They had no children,…
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GETTING BACK TO BASICS
Recessions, stock-market declines, housing market bubbles, joblessness and, most recently, a global pandemic have created a series of challenges for…
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What is a RRSP?
Here I explain what a Registered Retirement Savings Account (RRSP) is and some tips on how you can best use…
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