What To Consider When Preparing For Retirement Many people look forward to their retirement days when they can enjoy the pleasures of retired life. But they have not yet realized the importance of planning...
When looking towards retirement many people just think about the joy of not having to work anymore. Unfortunately, even though a person retires they still have bills to pay. The need for careful planning...
There is a lot of talk about Donald Trump after the New York Times released his tax returns. Because of a big loss in 1995 he won’t need to pay taxes for the next...
Everyone works their whole life to pay bills, go on vacation, provide for their kids, and much more. Most people dream of the day when they can retire. It is interesting to me how...
Investing your money can be a great way to ensure your financial future. With the right investment choices, you can be sure to have money for emergencies, to put towards the education of your...
Segregated funds were initially developed by the insurance industry to compete against mutual funds. Today, many mutual fund companies are in partnership with insurance companies to offer segregated funds to investors. They offer some...
Let’s face it. Most of the financial advice out there says something like this, “If you make on average $60,000 per year…” Most of the advice is designed for baby boomers about to retire...
One of the challenges faced by people who earn a higher income is finding tax efficient ways to save for retirement. In order to maintain the same standard of living after retirement as they...
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...
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...