Tagged: Financial Planning
In a Tax-Free Savings Account the growth is tax sheltered. Assume you invest $3,000 after-tax money annually into a TFSA and the same amount into a non-registered account. Both investments have a rate of...
In 2008, an Ipsos Reid poll showed that 51 per cent of all Canadians expected to be fully retired by the age of 66. In 2011, the same poll showed the number had dropped...
Under the Home Buyers’ Plan (HBP), you and your spouse can withdraw up to $25,000 from an RRSP to buy or build a home. The HBP withdrawal limits were increased to $25,000 from $20,000...
When most people think about retirement planning, they think of building a retirement nest-egg through RRSPs and pension plans. While these are key pieces of the puzzle, it’s important not to forget about another...
Are you able to tell me how much money your parents made each year when you were ten years old? Probably not. I bet a lot of people couldn’t. Why exactly is that? For...
Press Release Local Independent Insurance Broker & Personal Financial Specialist advises careful attention to investment, retirement and estate planning during tax season Orleans, Ontario March 19th, 2013 – Your tax return is more than a tally...
“You are not like any of the other financial advisors I have met.” That was the best compliment I could ever get from a client. They said that at the end of our first...
This commercial makes me laugh every time I see it and I’m happy someone else does too. I used to be a customer at this bank and many years ago I met with one...
The Top Five Canadian Tax Return Questions Answered Part of the 78 Tax Tips For Canadians For Dummies Cheat Sheet When should you file your Canadian tax return? How do you get missing...
When the Tax-Free Savings Account was launched in 2009 there was a great deal of confusion on exactly what it was, how it worked and how best to use it. 5 years later and...
