Retirement Regrets You Can Prevent With Better Planning
“I wish I’d done this years ago.” It’s a sentence I hear more than any other from retirees I work with — and the surprising part is, it’s rarely about money. Over the past 12 years of helping Canadians approach or enter retirement, I’ve noticed a clear pattern: the biggest retirement regrets are about life, […]
Retirement Withdrawal Strategy: Secure a Lifetime Paycheque
Many Canadians believe a simple calculation can tell them if their savings will last through retirement. However, a solid retirement withdrawal strategy goes beyond back-of-the-napkin math. For example, if you plan to withdraw $10,000 per month from a $1.6 million portfolio, careful planning is crucial. A proper strategy ensures your money lasts. In addition, it […]
The Truth About Retiring With $3 Million in Canada
What does retiring with $3 million in Canada really look like? On paper, it sounds like more than enough to enjoy a comfortable lifestyle. However, after working with Canadians who have $2–5 million saved, the reality is often different. Some retirees overspend and risk running out of money, while others underspend and never fully enjoy […]
RRSP Withdrawal Strategy: How to Beat the OAS Clawback
Reaching $1.5 million in your RRSP is a big achievement. However, your RRSP withdrawal strategy can create unexpected problems. Many Canadians do not realize that hitting this milestone can trigger extra taxes and clawbacks. As a result, retirement income can be reduced by thousands of dollars. Fortunately, understanding how RRSP withdrawals affect Old Age Security […]
Stop Overpaying Tax with a Better RRSP Withdrawal Strategy
Many Canadians approaching retirement are told to start drawing from their RRSP right away. Without a clear RRSP withdrawal strategy, this advice can backfire, pushing retirees into higher tax brackets and sending more to the CRA than necessary. In this guide, we’ll explain how to build a tax-efficient RRSP withdrawal strategy that coordinates your registered, […]
Retire Confidently: 5 Proven Questions to Know
Saving money for retirement is only part of the equation. Many Canadians think they are ready to retire. However, they often pay unnecessary taxes or struggle to maintain their lifestyle. Before making this life-changing decision, ask yourself these five questions. Then, answering “yes” to all of them will give you the confidence to retire with […]
Tax Mistakes at 55 Canadians Make and Regret by 60
Making the wrong financial moves at 55 can quietly cost you hundreds of thousands of dollars by age 60. Many Canadians fall into common tax mistakes at 55 without realizing it. These errors often start small and invisible. There is no CRA letter or sudden tax bill but over time, they can significantly erode your […]
Planning to Retire at 60? What Every 55-Year-Old Should Know
You’re 55 and planning to retire at 60. That means you have just five years to decide exactly where your income will come from and how to keep as much of it as possible. After helping hundreds of Canadians in this situation, I’ve seen the same mistakes happen over and over: Watch the video here: […]
How This Common Tax Trap Could Ruin Your Retirement
You could be walking straight into a retirement tax trap, a six-figure mistake with your money without even realizing it. That’s exactly what was happening to David. His plan looked smart on paper, but it set him up for a crushing tax bill down the road. Here’s how his strategy played out, why it backfired, […]
Never Withdraw From Your RRSP Without Checking This First
You can save diligently, invest wisely, and even retire with seven figures in your RRSP. But one wrong move at the wrong time can cost you hundreds of thousands in unnecessary taxes throughout retirement. Many Canadians don’t even realize they’ve made a mistake until it’s too late. In this post, we’ll walk through a real-life […]
5 Signs You Should Retire Sooner Than You Think
Many people assume they’ll need at least a million dollars before they can retire. But as financial planners, we’ve seen how often the reality is quite different. Some clients were already financially ready, they just didn’t realize it yet. If you’re convinced you need another decade of work before retiring comfortably, you might be missing […]
3 RRSP Meltdown Hacks That Save Tons Of Tax!
Most Canadians spend decades building up their RRSPs but give almost no thought to how they will take that money out. That’s where the problems start. Without a proper drawdown plan, retirees get hit with unexpected tax bills, Old Age Security (OAS) clawbacks, and ballooning RRIF withdrawals. The worst part is that much of this […]
I’m 55 With $2m Saved, When Can I Retire?
Someone recently asked me, “I’m 55 with $2 million saved. Can I retire?” At first glance, it seems like a simple question. But after working with hundreds of Canadians retiring with between $1 million and $5 million saved, I can tell you this is about much more than just a number. It’s about your lifestyle, […]
5 Retirement Tax Hacks for Canadians in 2025
Many Canadians assume their tax bill will go down once they retire. But this isn’t always true. In fact, many of our clients are shocked by how much tax they still owe in retirement, often because they missed key planning opportunities along the way. The good news? With a few simple tax strategies, you can […]
How to Retire on $10,000/M In Canada
Many Canadians think they need $3 million or more to retire on $10,000 per month. However with the right strategy, that number might be much lower. In this post, we’ll show how retirees can actually achieve this lifestyle with smart planning, and avoid some costly mistakes along the way. Prefer to watch the video? Their […]
RRSP Meltdown Strategy: When to Start Your CPP
RRSP Meltdown Strategy: When to Start Your CPP is one of the most common and most misunderstood retirement planning questions we see.If you’re planning to draw down your RRSP early to minimize taxes and reduce your estate’s final tax bill, the timing of your CPP becomes critically important. Get it wrong, and you could lose […]
Retirement Planning for 2025: 4 Steps to Take Now
Retirement Planning for 2025: 4 Steps to Take Now is all about helping you retire with clarity and confidence in an uncertain economic climate. Whether you’re a few months out or just starting to plan seriously, these four key areas will help you avoid costly mistakes, reduce tax stress, and make the most of your […]
Why Active Mutual Funds Hurt Your Retirement Plan
Why Active Mutual Funds Hurt Your Retirement Plan is something most retirees learn too late. We continue to see hardworking Canadians unknowingly lose thousands, sometimes hundreds of thousands, simply because their portfolios are filled with high-fee, underperforming investments. And the worst part? It’s usually not their fault. In this post, we’ll break down exactly why […]
Retire 6 Years Sooner with a Smarter Withdrawal Strategy
How to Retire 6 Years Sooner with a Smarter Withdrawal Strategy? That’s exactly what David and Carla discovered when they sought a second opinion on their retirement plan. Despite saving nearly $3 million, their original financial advisor told them they’d need to work six more years.By reevaluating their spending, real estate, and withdrawal strategies, they […]
The RRSP Meltdown Mistake
The $350K RRSP Meltdown Mistake is a real-world example of how missing the right withdrawal strategy can quietly cost retirees hundreds of thousands of dollars. Today, we’ll walk you through the case of Ross and Rachel, and show exactly how smarter RRSP withdrawals could have saved them $350,000 and how you can avoid the same […]
How to Avoid a $100,000 Hit from Retirement Tax
Walter and Joanne had saved over $2 million for retirement. But like many Canadians in their 60s, they didn’t have a clear plan for how to draw income from their portfolio without triggering unnecessary retirement tax. Their story, originally featured in a recent article, outlined one advisor’s recommended strategy. But we saw opportunities to improve […]
Avoid These $4M Retirement Plan Mistakes
Small mistakes can cost you millions, even with a $4M retirement plan. In this article, we’ll show you the most common $4M retirement plan mistakes and how to fix them before they quietly drain your wealth. Prefer to watch the video? Meet Mike and Laura Mike (64) and Laura (62) live in Manitoba and have […]
6 Easy Tips to Get Ready for Retirement
Preparing for retirement doesn’t need to feel overwhelming. In fact, there are a few simple steps you can take right now that could dramatically improve your confidence and clarity heading into retirement. These six tips often come up in conversations with clients and they can be the difference between retiring with questions and retiring with […]
3 Proven Ways to Increase Retirement Spending Without OAS Clawbacks
Imagine wanting to spend more in retirement—whether it’s traveling, renovating your home, or enjoying life—only to see your Old Age Security (OAS) benefits shrink with every extra dollar you spend. Many Canadian retirees face this dilemma, struggling to balance their lifestyle desires with the risk of triggering OAS clawbacks. The good news? By strategically tapping into […]
How to Withdraw RRSP Funds Tax-Free: A Strategic Approach
Many Canadian retirees face a significant tax burden when withdrawing from their Registered Retirement Savings Plans (RRSPs). Without proper planning, these withdrawals can substantially reduce your hard-earned savings. Here is a strategic approach to withdraw RRSP funds tax-free by leveraging deductible interest. In this blog post, we discuss how to implement this strategy and understand […]
How to Stress Test Your Retirement Plan for Market Downturns
For many Canadians nearing retirement, the thought of a market downturn as they retire can be paralyzing. The fear of a stock market collapse can make anyone question if their plan will survive. You’re not alone—this fear is common among those who’ve worked hard to build a nest egg, and it’s understandable to want reassurance […]
Worried About Retirement
Retirement should be a time of celebration and freedom, but for Curtis and Rachel, it brought unexpected worries. Despite building an impressive $3 million portfolio, they were uneasy—not because they feared running out of money, but because they felt their financial life wasn’t as organized or optimized as it could be. For 25 years, their […]
You Need Less Than You Think to Retire
When it comes to retirement, many people envision an enormous number—a daunting financial milestone that feels out of reach. Maybe it’s $1 million. Maybe it’s $2 million. Financial media and online calculators often reinforce these intimidating figures, making retirement seem like an unattainable dream. But here’s the truth: in many cases, you need far less […]
Great Returns? Time to Rethink Your RRSP Meltdown!
2024 has been a stellar year for markets, with portfolios soaring to unexpected heights. But before you celebrate those gains, consider this: could your growing RRSP be quietly building a tax time bomb for your future? If you’ve had a strong market year, it might be time to rethink your RRSP meltdown strategy. Let’s explore […]
Living Off Dividends: A Retirement Strategy You Need to Rethink
Living off your portfolio’s dividends in retirement seems like a pretty straightforward strategy, you never have to sell your investment, and therefore, you can never run out of money. But it’s not quite that simple. Before diving in, let me say I know this topic will ruffle some feathers because dividends are loved by many […]
Avoid This Costly Retirement Withdrawal Strategy
When planning for retirement, avoid this costly retirement withdrawal strategy. Many people turn to the well-known 4% Rule for guidance. However, relying too heavily on this strategy can put your retirement savings at serious risk. In this post, we’ll explore the potential pitfalls of the 4% Rule and outline strategies to keep your retirement plan […]
The RRSP Meltdown Sweet Spot: Optimize taxes in retirement
The RRSP Meltdown Sweet Spot: Maximize Your Estate, Minimize Your Taxes When it comes to retirement planning in Canada, one of the most effective strategies is the RRSP meltdown. But what exactly is the RRSP meltdown “sweet spot,” and why does finding it matter so much? Without a well-timed withdrawal strategy, you could be leaving […]
Retirement Plan: Breaking Down A Subscriber’s Plan
Breaking Down A Subscriber’s Retirement Plan: John and Tracy’s Story Today we are breaking down a subscriber’s retirement plan. Meet John and Tracy, a couple nearing retirement, recently completed a financial plan with their advisor. However, after following our channel and absorbing our tax-focused strategies, they sensed gaps in their plan and reached out for […]
Don’t Let These Pilots Crash Land Your Retirement
Imagine sitting in the cockpit of a high-speed jet. The dashboard is a maze of switches and dials—each one critical to keeping you on course. In many ways, retirement planning is no different. Each decision is a lever you pull to stay financially secure, from optimizing your RRSP to timing CPP and tax strategies. However, […]
RRSP Meltdown or RRIF Minimum: Best Withdrawal Strategy?
Which is better? The RRSP Meltdown or RRIF Minimum withdrawals? Let’s go over the pros and cons of each strategy because choosing the wrong option for your situation can cause you to pay hundreds of thousands more in taxes. Let’s meet Kathy; she is 63 years old and retired. She currently receives $1,000 per month […]
The Costly Retirement Mistake You Still Have Time to Avoid
2024 is nearly behind us, and with it goes another valuable opportunity to make smart, tax-efficient retirement decisions. Every year, you get a chance to reduce your tax bill, not just today but for the rest of your life. Ignore it, and you could lose thousands to taxes that could have been avoided. Prefer to […]
The Hidden Retirement Question That Could Shape Your Future
Retirement is often seen as the finish line. But how you approach this milestone can make the difference between a retirement full of purpose and one filled with uncertainty. Before you retire, there’s one question you need to ask yourself. Am I retiring to something, or am I retiring from something? Prefer to watch the […]
This Overlooked Retirement Mistake Could Cost You Hundreds of Thousands
When it comes to retirement, what’s going to make the biggest impact on your financial future: getting a slightly better return on your portfolio or creating a smart, tax-efficient plan? If you asked most financial publications, the answer would be portfolio performance. But this example shows why a well-structured withdrawal plan often delivers more value […]
Understanding Taxes on Your Retirement Income
Retirement is a time to enjoy the fruits of your labor. For many Canadians, it also brings a new focus: understanding just how much tax is being paid. The truth is, not all retirement income is taxed the same way. Knowing these differences can help you keep more of your income and make smarter planning […]
The 3 Bucket Strategy: A Simple Plan That Builds Confidence
The 3 bucket strategy is one of the most effective ways to structure a retirement portfolio. It gives retirees confidence that their income is secure, even in turbulent markets. Instead of guessing how to invest or when to withdraw, this approach divides your money by time horizon and provides a clear, flexible withdrawal plan. Prefer […]
How to Make Tax Efficient Withdrawals from RRSPs
Not everyone heads into retirement with a maxed-out TFSA and a well-funded non-registered account. If most of your savings are in RRSPs, RRIFs, LIRAs, or LIFs, your withdrawal strategy becomes one of the most important financial decisions you’ll make. Every dollar you pull out gets added to your taxable income, and the wrong move could […]
Retirement Tax Planning: One Portfolio Change Can Save $160K
A strong investment portfolio and a solid tax plan should go hand in hand. But too often, we see one without the other. In this case study, we’ll show how adjusting a retiree’s investment mix helped him create a more tax efficient retirement plan, allowing him to draw more from his RRSP, avoid OAS clawbacks, […]
The Cost of Delaying Your Retirement Withdrawal Strategy
Procrastination happens to all of us. Sometimes it leads to small consequences, like an awkward glance when chores are skipped. Other times, waiting too long can come with a much bigger cost, especially if you have not yet created a retirement withdrawal strategy. Without a clear plan, you could end up paying more than 50 […]
When an RRSP Withdrawal Strategy Doesn’t Make Sense
A well-timed RRSP withdrawal strategy can reduce your taxes and grow your estate. But in some cases, withdrawing early may actually leave you worse off. In this case study, we’ll walk through a real example that shows how your RRSP withdrawal strategy should be based on your income, expected return, and how your accounts are […]
3 Reasons to Aggressively Meltdown Your RRSP
RRSPs are a great tool to save for retirement, but they can become a huge tax nightmare if misused during the withdrawal phase of life. If you do nothing, a large portion of your RRSP will more than likely to donated to the CRA. Here are 3 reasons why you should meltdown your RRSP. Prefer […]
How The New Capital Gains Tax Affects Cottage Owners
Many cottage owners are feeling the pressure from the proposed change to the capital gains inclusion rate. Under the old rules, 50 percent of the capital gain would be added to your income. Under the new rules, you will have to include 66 percent of the gain on any growth above $250,000. So, how do […]
How to Optimize Your RRSP Withdrawals in Retirement
How should you optimize your RRSP withdrawals? In this case, making registered withdrawals and clawing back OAS was the most efficient way to limit the overall taxes. However, creating this plan is only one part. When the time comes to implement that plan, things can change. Let’s look at a real example to see the […]
Inheritance Strategies: How to Help Your Kids Manage It Responsibly
According to a recent study by UBS, 70% of high-net-worth individuals with retirement portfolios of over $1 million are concerned with their heirs using their inheritance wisely. Let’s look at four things you can do to put your kids in the best position to succeed. Prefer to watch the video? 1. Start with Open Communication […]
How to Optimize Retirement Withdrawals During the Go-Go Years
In retirement, your spending needs are likely to change over time. Most retirees spend more in the early years while they are healthy and active, and gradually spend less as their lifestyle slows down. If your spending happens in phases, your withdrawal strategy should reflect that. Planning ahead can help you enjoy your money now, […]
How to Avoid Giving Half Your RRSP to the CRA in Retirement
Whatever is in your RRSP at death gets added to your final tax return. This could leave you paying tax at a rate of around 50%. If you are married or have a common law partner, your RRSP can roll over to theirs without any tax, but they’ll face the same issue when they die. […]
Avoid Withdrawing Funds When Your Investments Are Down
When you transition from working life to retirement, everything changes, especially the way your investments and portfolio should be structured. Most retirees focus on their savings, but fewer people think about how their retirement portfolio strategy needs to shift once they start making withdrawals. What worked during the accumulation years may not serve you well […]
Retirement Withdrawal Strategies for Singles
Most retirement planning advice focuses on couples. But if you are single, your approach to retirement withdrawals needs to be different, especially when it comes to taxes. From CPP timing to estate planning, there are some important differences to consider when you do not have a spouse to share assets with or roll accounts over […]
Time is your most valuable resource
One spouse is ready for retirement. The other, not so much. Does this sound familiar? This was the situation Becca and Jim found themselves in. They had saved more than enough to retire but had deeper concerns that took time and a few in-depth conversations to work through. All this is to say, do not […]
Why Paying Less Tax Now Might Cost You More Later
No one likes paying more taxes than necessary. However, you need to be careful in your quest to minimize your tax bill. In this video, we examine two scenarios: one where you withdraw from your TFSA first and the second where you withdraw from your RRSP. It’s important not to lose sight of the long-term […]
Big Tax Changes for Retirees in the 2024 Canadian Budget
The 2024 Federal Budget introduced a few key changes that could affect tax and how you plan and draw down your retirement savings. Here are three important updates to be aware of: Prefer to watch the video? 1. Capital Gains Tax Is Going Up for Large Gains Starting June 25, 2024, the capital gains inclusion […]
How Having a Pension Changes Your Retirement Plan
If you’re one of the fortunate Canadians with a defined benefit pension, it changes more than just your monthly income. It affects how much tax you’ll pay, how aggressively you can invest, and how you spend throughout retirement. Let’s explore three key ways pensions shape retirement planning. Prefer to watch the video? Tax Benefits: You […]
How much can you spend in retirement with a $1.5M Portfolio?
You are 65 years old, and between you and your spouse, you have $1,500,000 saved up for retirement. How much can you actually spend in retirement? Follow along as we examine Chris and Wendy’s scenario and examine their expenses pre- and post-retirement.
3 Underused Tax Strategies In Retirement
Giving to charity is a powerful way to create impact, but in retirement, it needs to be done strategically. Before using any of these approaches, two conditions should be met. First, your retirement plan must show that you can comfortably meet your spending goals without running out of money. Second, if leaving an inheritance is […]
Steer Clear of These Two Mistakes in Retirement
There are two big mistakes that can quietly erode your retirement savings. These aren’t flashy or complex mistakes, but they can cost you hundreds of thousands of dollars if left unchecked. Let’s look at a real-world example that highlights both of these issues and shows how a few smart adjustments can dramatically improve your long-term […]
What Most People Get Wrong About Retirement Withdrawal Plans
At Trans Canada Wealth Management, we’ve built a reputation for helping Canadians draw down their retirement savings in a tax-efficient way. Over time, some viewers of our YouTube channel began reaching out to ask if they could pay a one-time fee to have a personalized retirement withdrawal plan built for them. At first, this seemed […]
Why So Many Retirees Struggle to Spend Their Money
When most people think about retirement issues, they assume overspending is the problem. But in reality, one of the most common challenges I see with new retirees is actually the opposite: under spending. After a lifetime of saving, it can be surprisingly difficult to give yourself permission to enjoy your money. Prefer to watch the […]
How to Retire at 55 with $2 Million and Live Fully
We recently received a comment on one of our videos asking whether it’s possible to retire at age 55 with a $2 million portfolio. The short answer is yes. But as always, the real answer depends on how much you plan to spend and how you structure your withdrawals. Let me walk you through a […]
How to Stop Overpaying Taxes on RRSP Withdrawals
One of the most common questions we get at Trans Canada Wealth is: How should I take money out of my RRSP throughout the year to keep taxes low? When we build retirement withdrawal plans for clients, we often target a specific annual income that keeps their tax bill as low as possible. But knowing […]
Tips for Large RRSP Withdrawals
You’ve done a good job saving and have a sizeable nest egg set aside in your RRSPs for retirement, but how do you make tax-efficient RRSP withdrawals? This is the part that most people get wrong and why you hear so many people say they hate RRSPs. Here are tips for withdrawing from a large […]
This Popular Retirement Strategy Might Be Costing You Thousands
What if you could live off the interest from your investments without ever touching your principal? For many people going into retirement that sounds like the ideal plan. The peace of mind of knowing your original capital is always intact can be appealing, especially with GIC rates higher than they have been in years. But […]
Tax Mistakes Every Retiree Should Avoid
There are three tax mistakes that every retiree should avoid. In retirement, there are plenty of tax planning opportunities that can save you a significant amount of money. In meeting with 100s of retirees every year, we see the same mistakes being made over and over again. 1st Mistake: No Plan The first being […]
The Best Age to Convert Your RRSP to a RRIF
What is the best age to convert your RRSP to a RRIF? Determining the ideal age to convert your Registered Retirement Savings Plan (RRSP) into a Registered Retirement Income Fund (RRIF) is an important decision that can have long-term financial impacts. While every situation is unique, there are a few strategic ages to consider, each […]
Why Locking In a GIC Now Could Cost You Later
With GIC rates reaching levels we haven’t seen in years, many retirees are asking the same question: should you buy GICs right now? One-year GICs are paying over 5 percent. It sounds tempting, but the answer isn’t as simple as it looks. There are a few important things to consider before locking in. Prefer to […]
The Easiest Way to Invest After 60: Simple, and Stress-Free
One of the best ways to take the anxiety out of managing your investments after 60 is to keep things simple. That starts with using a strategy called the bucketing approach, paired with a passive investing philosophy. Let’s walk through how that works. Prefer to watch the video? What is the bucketing approach? The bucketing […]
How to Know What You Can Actually Spend in Retirement
If you’re nearing retirement, this is likely one of the biggest questions on your mind. And while it’s not a one-size-fits-all answer, there is a process you can follow to find out what’s realistic for you. Here’s how we help our clients figure it out, and how you can do it yourself. Prefer to watch […]
Retiring Soon? Make Sure You Get These 3 Things Right
If you can get these three things right in retirement, you’re going to be in great shape. After hundreds of conversations with retirees over the past year, I’ve noticed the same three steps come up again and again. In this post, I’m going to walk you through the exact things I’d focus on if I […]
How to Protect Your Retirement from Inflation
When you’re building a retirement plan, it’s easy to focus on market performance or taxes. There is another risk that can quietly derail everything. It’s called inflation, and it often gets overlooked. In this post, you’ll learn: Prefer to watch the video? What Is Inflation? Inflation refers to the gradual increase in the cost of […]
Managing Your Tax Brackets in Retirement
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/hZniNa0reho” css=”.vc_custom_1699031587886{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1699032881455{padding-top: 20px !important;padding-bottom: 20px !important;}”]In the quest to effectively draw down your retirement portfolio, there’s one critical mistake you can’t afford to make—not managing your tax brackets in retirement. As we’ve explored in previous discussions, there’s no universal approach to withdrawing from your […]
Does the CRA Owe You Money?
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/pNV3lcxo7NM” css=”.vc_custom_1699030613282{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1699030972901{padding-top: 20px !important;padding-bottom: 20px !important;}”]In today’s video, we’re delving into an unusual topic – finding out if the Canada Revenue Agency (CRA) owes you money and exploring key details for retirement planning. Yes, you read that right; the CRA might owe you money! […]
How a Smarter Withdrawal Strategy Reduced His Tax Bill
Paying too much tax in retirement is one of the most common and costly mistakes we see. If you’ve saved well but aren’t sure how to draw down your accounts, you could end up paying tens or even hundreds of thousands of dollars more in taxes than necessary. Let’s walk through a real example to […]
How One Couple Turned $1 Million Into a Secure Retirement
In this post, we walk through a real case of a couple who came to us with that exact question. They were both 60, ready to retire, and wanted to make sure their money would last while still enjoying life. We’ll show you: This is a great example of how the right planning can help […]
The Costly TFSA Mistake Retirees Need to Avoid
The Tax-Free Savings Account (TFSA) is one of the most powerful tools available to Canadian retirees. It offers tax-free growth, flexible withdrawals, and zero tax on income or gains. Despite these benefits, many retirees don’t use their TFSA the right way and end up missing out on long-term savings or even triggering unnecessary taxes. Prefer […]
Which Account Should You Pull From First in Retirement?
Saving for retirement is one thing. Figuring out how to draw down those savings without triggering unnecessary taxes is another. Many retirees are surprised to learn that the order in which you withdraw funds from your accounts can have a major impact on how much tax you pay and how long your money lasts. Prefer […]
How One Simple Change to RRSP Withdrawals Saves Retirees
Many Canadians enter retirement without a plan for withdrawing their RRSPs. The result is often a larger tax bill than necessary and less money left for their family. While drawing down your RRSPs aggressively can be a smart move in many cases, it’s not always the right approach. In this post, we’ll walk through a […]
How Most Retirees Fail With RRSP withdrawals
Many retirees focus on growing their investments, but few realize the tax savings they can unlock simply by choosing the right time to withdraw from their RRSPs Prefer to watch the video? Their Situation Jim and Crystal came in for a planning meeting to explore ways to optimize their portfolio withdrawals. Crystal had been retired […]
A Meaningful Way for Grandparents to Pass Down Their Wealth
Many retirees plan to pass down their wealth someday. For Robert, that didn’t feel like the right approach. His children were already financially stable, and he wanted to make a meaningful difference in his grandchildren’s lives while he was still here. Prefer to watch the video? Their Situation Robert was a wise and forward-thinking retiree […]
Planning for the What-Ifs: How One Couple Protected Their Retirement
Retirement is a major milestone, but it often comes with lingering doubts. What if you live longer than expected? What if inflation stays high? What if your portfolio doesn’t perform? Prefer to watch the video? Their Situation Mr. and Mrs. What If were in their 60s and planning to live until around age 90. Their […]
The Retirement Mistake Made When Choosing an Advisor
Many people approaching retirement want to know what an advisor’s returns have been. It seems like a smart question. It helps them compare advisors and judge their competence. For someone already retired or close to it, focusing on past returns can lead to the wrong decision. Prefer to watch the video? Their Situation Sally recently […]
How the Retirement Asset Map Makes Couples Feel Relaxed
n many households, one person naturally takes the lead on managing the finances. In our case, that role fell to me. It’s what I do every day as part of my job, so it made sense. The arrangement worked fine on paper, but it also caused a few unintended problems. Prefer to watch the video? […]
The Simple Strategy That Helps Retirees Feel Secure
Many retirees feel uneasy about their financial future. Whether it’s market volatility, confusing advice from advisors, or just a lack of clarity, that stress can build over time. You might turn on the news and see negative headlines, or watch your portfolio fluctuate and wonder if you’re still on track. It’s especially difficult if your […]
The CPP Dilemma: Should Future Retirees Invest Now or Wait?
Many people ask whether it makes sense to take their CPP early at 60 and invest it. To help answer this question, let’s walk through a detailed example using real numbers. Prefer to watch the video? The Setup: Mr. CPP Mr. CPP turns 60 on January 1, 2023. He qualifies for the maximum CPP payout […]
How to Avoid a Costly RRSP Mistake in Retirement
You’ve spent years building up your RRSP and now you’re ready to enjoy retirement. Maybe you’re planning to travel, golf, or spend more time with the grandkids. But what actually happens to your RRSP once you stop working? Prefer to watch the video? If You Don’t Need the Money Right Away Let’s say you’re 63 […]
How to Handle RRSP Withdrawals with a Shortened Life Expectancy
A few weeks ago, we posted a video about why it can make sense to draw down your RRSPs or RRIFs more aggressively in retirement. After that video, we received an email from a viewer asking how to handle RRSP withdrawals after receiving a terminal diagnosis. It’s a difficult question, but unfortunately, not an uncommon […]
How to Use GIS to Boost Your Retirement Estate
Most Canadians are leaving money on the table when it comes to government benefits in retirement. One of the most overlooked tools is the Guaranteed Income Supplement, also known as GIS. Let’s walk through how one retiree used the GIS strategy to increase his estate by nearly two hundred thousand dollars, without taking on more […]
Outsmarting Retirement Taxes: How a $1M Plan Delivered Peace of Mind
A couple recently came to us with a simple but important question: If we’re 60 years old and have saved $1 million, how much can we actually spend in retirement? Here’s a look at their situation, what their retirement looked like at first, and how we improved their outcome through smart planning and strategy. Prefer […]
The Hidden Benefits of Drawing Down Your RRSPs Early
The Tax-Free Savings Account (TFSA) is one of the most powerful tools available to Canadians in retirement. But despite its advantages, many retirees are using their TFSAs in ways that reduce long-term value and increase taxes. Here’s how the TFSA works, and a smarter way to use it in your retirement plan. Prefer to watch […]
Why Dividends Don’t Actually Make You Richer
Many investors and financial advisors focus on dividend-paying companies. At first glance, it sounds appealing. You receive regular income, no matter what the market does. But when you take a closer look, dividends may not be as valuable as they seem. Dividends do not actually increase your investment’s value. This may be surprising if you […]
Is Life Insurance Still Worth It in Retirement?
Life insurance is something many people carry throughout their working years. But once retirement begins, the question changes. Do you still need it? Let’s walk through the key reasons for owning life insurance and whether they still apply after you retire. Prefer to watch a video? Why People Buy Life Insurance The two most common […]
Avoid This Retirement Mistake
[vc_row][vc_column][vc_video link=”https://youtu.be/K75ckiivCK0″ css=”.vc_custom_1675820724100{padding-top: 20px !important;padding-bottom: 20px !important;}”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Retirement is a time to kick back, relax, and enjoy the fruits of your labor, but it’s also important to be careful with your finances. One mistake we often see is the lack of planning for major purchases, such as buying a new car. Now, we know what you’re […]
How to make retirement withdrawals in a bad market
[vc_row][vc_column][vc_video link=”https://youtu.be/uj4W_H8q118″ css=”.vc_custom_1673225605045{padding-top: 20px !important;padding-bottom: 20px !important;}”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]When the stock market goes through a bad year, it becomes increasingly difficult to make withdrawals from your portfolio. So, what’s the best way to make retirement withdrawals during a bad market? We’re all familiar with the investing adage to buy low and sell high, but without proper planning, […]
Beware Of Buying Investments Before End Of The Year
[vc_row][vc_column][vc_video link=”https://youtu.be/NAx9dCN8dtk” css=”.vc_custom_1673223505786{padding-top: 20px !important;padding-bottom: 20px !important;}”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]It’s the beginning of December, and Bob has purchased a rental property from his brother. Imagine how unfair it would be if Bob had to pay tax on his brother’s rental income for the entire year. Fortunately for Bob, that’s not the case, but this can happen when you purchase an investment in a non-registered account. […]
Can You Really Comfortably Retire on $750,000?
Many Canadians approaching retirement wonder if their savings will be enough. In this case study, we look at whether a retired couple with $750,000 in savings can fund a comfortable retirement. This is part of our ongoing “Can You Retire” series. Prefer to watch the video? Their Situation Mr. and Mrs. Wilson are both retired. […]
Pay Less Tax in Retirement with One Simple Year-End Strategy
As the year comes to a close, many retirees overlook one simple move that could save them thousands in taxes: making an extra RRSP or RRIF withdrawal before December 31st. While it may seem counterintuitive to withdraw more money than you need, it can be a smart long-term tax strategy. Let’s explore why. Prefer to […]
How to Use Tax Loss Selling to Save on Taxes
When markets take a downturn, some investors can benefit from an often overlooked strategy called tax loss selling. If you own investments in a non-registered account that have dropped in value, this tactic might help you reduce your tax bill. Let us take a look at how it works. Prefer to watch the video? How […]
How to Protect Your Spouse’s CPP Benefits and Income
Many Canadians wonder what happens to their Canada Pension Plan (CPP) payments when they or their spouse pass away. It is not always straightforward. In this post, we will walk through how the survivor benefits work and what your spouse could expect to receive. Prefer to watch the video? How CPP Payments Are Calculated First, […]
Should You Defer Your Old Age Security Pension?
For many Canadians, the Old Age Security (OAS) pension provides an important source of retirement income. One common question is whether it makes sense to defer OAS payments. There is also a major red flag to consider if you choose to defer. Here is what you need to know. Prefer to watch the video? How […]
Can You Really Retire Comfortably on $500,000?
Many Canadians ask if $500,000 in savings is enough to retire. The answer depends on several key factors, including your spending needs, how your savings are invested, and how you draw income in retirement. In this post, we will walk through an example based on Mr. and Mrs. Baker to see what retiring on $500,000 […]
How to Deduct Financial Advisor Fees and Save Money
Many Canadians wonder if they can deduct the fees they pay to financial advisors. The short answer is that it depends on how those fees are paid and what type of advice you are receiving. In this post, we will go through three common ways Canadians pay their financial advisors and whether those fees are […]
Best Questions To Ask A Financial Advisor
Whether you’re thinking about hiring a financial advisor or already working with one, it’s important to ask the right questions. These aren’t just conversation starters, they reveal whether the person helping you with your money truly has your best interests at heart. In this post, we’ll walk through five key questions every Canadian should ask […]
Should You Be Using More Than One Financial Advisor?
After the Bernie Madoff scandal in 2008, more investors began spreading their money across multiple advisors, hoping it would reduce risk. But is that really the best approach? In this post, we’ll explore why using more than one financial advisor might do more harm than good, especially when it comes to fees, coordination, and tax […]
Case Study: Simple Tweak Saves $50,000 in Taxes
Retirement can come with a lot of uncertainty, especially when it comes to taxes and market volatility. But with the right planning, a few small adjustments can make a big difference. In this post, we’ll walk through a real-life example of how one woman saved over $50,000 in taxes and reduced her portfolio stress using […]
Is Now The Right Time To Buy GICs?
With rising interest rates, Guaranteed Investment Certificates (GICs) are back in the spotlight. But are they a good investment today, especially with inflation running high? In this post, we’ll walk through how GICs work, when they make sense, and why timing and purpose matter more than ever. Prefer to Watch the Video? What Is a […]
Retirement Plan Leads to $900,000 in Savings
You might feel like you’re on track for retirement, you’ve saved, invested, and done everything right. But without a coordinated plan, you could still be leaving hundreds of thousands of dollars on the table. In this real-life case study, we’ll show how two smart strategies helped one couple save over $900,000 in taxes and fees, […]
4 Conflicts Faced by Financial Advisors
If you’re working with a financial advisor, it’s important to be aware of the potential conflicts of interest that may affect your bottom line. I’m Mark Saverin from Winnipeg Financial Planning, and today I’ll walk you through four of the most common conflicts you should watch out for, and how to protect yourself. Prefer to […]
What is the difference?
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/PxNda6ZUKDE” css=”.vc_custom_1652892147483{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1652892573120{padding-top: 20px !important;padding-bottom: 20px !important;}”] Different Advisors Investment Advisor versus Mutual Fund Representative versus Portfolio Manager, why does it have to be so confusing? In the world of financial advising, it’s the wild west when it comes to job titles. You’ll see things […]
Book Value vs Market Value
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/A2rkQFWgYVk” css=”.vc_custom_1651091854040{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1651191028909{padding-top: 20px !important;padding-bottom: 20px !important;}”]Book Value vs Market Value If you look at your investment statements, you will see a book value and a market value. Here is a quick explanation of the difference between the two and why it is not the […]
Are You On Track To Retire?
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/T1bZnGQs298″ css=”.vc_custom_1650475923452{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1650476415337{padding-top: 20px !important;padding-bottom: 20px !important;}”] Video Transcript: Are you on track to retire? Today, we’re going over how we determine whether clients are on track to retire. Let’s jump into an example. First Thing to Determine Debbie is 57 and looking to […]
First Home Savings Account
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/McWO2JT4_7A” css=”.vc_custom_1649865864217{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1649866431381{padding-top: 20px !important;padding-bottom: 20px !important;}”] Video Transcript: First Home Savings Account Today we’re going over the brand new Tax-Free First Home Savings Account (FHSA), which was recently introduced in the 2022 Canadian Budget. One of the major initiatives of this year’s budget was […]
3 Reasons Retirement Plans Fail
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/p6Pi6W-1c9A” css=”.vc_custom_1648516766968{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1648521346724{padding-top: 20px !important;padding-bottom: 20px !important;}”] Video Transcript Today I want to talk about 3 reasons retirement plans fail. First Reason The first reason your retirement plan can fail is oversimplification. I was speaking with a gentleman a few weeks ago, who was […]
3 Mistakes to Avoid in Retirement
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/uzqJ7O71kXQ” css=”.vc_custom_1647281483668{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1647961428693{padding-top: 20px !important;padding-bottom: 20px !important;}”]Check out the video above to find out the three mistakes you should avoid in retirement. We also started a new YouTube page recently and would appreciate it if you could subscribe to our channel. You can do so […]
Access Money From Your LIRA
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/af0KFgu4sYQ” css=”.vc_custom_1644258310258{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1644258356979{padding-top: 20px !important;padding-bottom: 20px !important;}”] What is a Manitoba LIRA? A Locked-in Retirement Account (LIRA) is a type of registered pension plan. If you worked for a company that had a pension plan and subsequently left that company for any number of reasons, you were […]
Don’t Run Out of Money
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/5r5INLh7Bbg” css=”.vc_custom_1642612256914{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text] Don’t run out of money In working with clients who are approaching retirement or early into it, there are two things they want to avoid. Large fluctuations in the value of their portfolio It’s time to be enjoying life, not worrying about a […]
Do You Own Mutual Funds?
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/palMyXSrM0o” css=”.vc_custom_1634580487997{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text] Do you own mutual funds? If so, there’s likely a 98% chance your portfolio has had a below-average performance. [/vc_column_text][/vc_column][/vc_row]
Tax-Free RRSP Withdrawals
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/j94SRt3X5sU” css=”.vc_custom_1633117683533{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text]Are Tax-Free RRSP Withdrawals possible? Let me tell you how we are able to do this. Last week, I was sitting down with a gentleman we’ll call John. Like many Canadians, John had buyers remorse regarding his RRSPs. When he went to make a […]
Use the Bank’s Money
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/yIIr8H6eNjw” css=”.vc_custom_1627402856419{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text]In this video, I’ll show you how you can grow your net worth by using the equity already built into your home.[/vc_column_text][/vc_column][/vc_row]
Is Being Low Risk, High Risk?
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/9Vwr8DjdLWk” css=”.vc_custom_1626107535062{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text]Today we are talking low-risk investments. The assumption is that low-risk investments are the safest option. When in fact, you are losing your purchasing power thanks to low-interest rates and rising inflation.[/vc_column_text][/vc_column][/vc_row]
Invest Tax-Free: MTAR Account
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/V9PzignBjxs”][vc_column_text css=”.vc_custom_1620140093905{padding-top: 20px !important;padding-bottom: 20px !important;}”] In Canada, there are three ways you can grow your savings tax-free. Tax-Free Savings Account Principle Residence MTAR Accounts Most Canadians aren’t aware of MTAR accounts and the huge benefits they provide. This is especially true if you plan on leaving funds to […]
Bitcoin
[vc_row][vc_column][vc_video link=”https://youtu.be/CxEyGmBtZas” css=”.vc_custom_1619501881071{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1619502231933{padding-top: 20px !important;padding-bottom: 20px !important;}”]Our quick thoughts on whether or not you should be adding Bitcoin to your investment portfolio. Here are a couple of links if you are looking for more information on Bitcoin and Cryptocurrencies What are Cryptocurrencies Bitcoin Chart [/vc_column_text][/vc_column][/vc_row]
RRSP Tax Bomb
[vc_row css=”.vc_custom_1612380408194{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column][vc_video link=”https://youtu.be/yd1jwxKchYI”][vc_column_text css=”.vc_custom_1639420006496{padding-top: 20px !important;padding-bottom: 20px !important;}”] One of the biggest issues with an RRSP is the tax bomb it can create. We first go over the Canadian tax system to understand why this tax bomb can happen and then a strategy on how to avoid it! How can you […]
What is a reverse mortgage
[vc_row][vc_column][vc_video link=”https://youtu.be/kcx3bQ_zx1o” css=”.vc_custom_1615868350972{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;border-radius: 10px !important;}”][vc_column_text] What is a reverse mortgage Where were you when you first heard the term reverse mortgage? If you’re like me, it was through a cheezy commercial on day time TV. Because of this, I was always skeptical of these products, and I […]
The Easiest Way to Reduce Your Tax Bill
[vc_row][vc_column][vc_video link=”https://youtu.be/nSpI2-dtGPw” css=”.vc_custom_1633105309436{padding-bottom: 20px !important;}”][vc_column_text] The Easiest Way to Reduce Your Tax Bill Click above to view video! Thank you for watching our video.[/vc_column_text][/vc_column][/vc_row]
Gamestop: Explained
[vc_row][vc_column][vc_video link=”https://youtu.be/zUlGeTVEc2g”][vc_column_text css=”.vc_custom_1612542540465{padding-top: 20px !important;padding-bottom: 20px !important;}”]See my latest video on the craze that is Gamestop’s stock. I try to keep it simple so you can understand what’s going on and why this is so interesting to watch.[/vc_column_text][/vc_column][/vc_row]
Should I Be Buying RRSPs?
[vc_row][vc_column][vc_video link=”https://youtu.be/WCWwAhFa7kY” align=”center” css=”.vc_custom_1612464257262{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text] Should I Be Buying RRSPs? The answer to that question is going to depend on a few different factors. This latest video can help you understand whether or not investing in RRSPs is the right decision for you. [/vc_column_text][/vc_column][/vc_row]
Managing Your Portfolio in Retirement
[vc_row][vc_column][vc_column_text]https://youtu.be/3mwAUqolv20 Managing Your Portfolio in Retirement The financial industry tends to make things more complex than they need to be. As a result, topics like this usually go in one ear and out the other. My aim with this webinar is to simplify this topic by providing an explanations (in simple English). This webinar will cover topics to be aware of as you approach or […]
Retirement: What You Need to Know
[vc_row][vc_column][vc_column_text]https://youtu.be/6UwIGk_WKoU You’ve worked hard for decades, and now that you are approaching or entering retirement, you could find yourself exposed to significant taxes without the proper strategies in place. Keep more of what you’ve built and enjoy the retirement you deserve. This complimentary video will cover the following topics: Am I on […]
Getting The Best Of Both Worlds From Your Pension
[vc_row][vc_column][vc_column_text]https://www.youtube.com/watch?v=lqV8Ehobmkc Wouldn’t it be great to have the benefits of commuting your pension as well as the benefits of a monthly pension? In this brief video, I go over how you can have the best of both worlds. As always, if you’d like to discuss your personal situation and explore your financial options, feel free […]
How Commuting Your Pension Allows You To Manipulate Your Income
[vc_row][vc_column][vc_column_text]https://www.youtube.com/watch?v=TrjWlPOqz2w&feature=youtu.be Deciding between commuting your pension or opting for the monthly income stream is a big retirement decision that contains several complexities. In this brief 3-minute video I provide clarity on the benefits of taking the commuted value compared to the monthly income stream. If you’d like to discuss your personal situation and explore your […]
Understanding the Proposed CSSB Pension Changes
[vc_row][vc_column][vc_column_text css=”.vc_custom_1611896333374{padding-bottom: 20px !important;}”]https://youtu.be/2r5I0HeZNa4?t=2 *It was expected that Bill 43 would receive Royal Assent (Approval) when the Legislature reconvened in the fall. However, since the Throne Speech was moved up to October 7th, the bills that were being discussed during the spring session have been put on pause. Because of this, the status and timing […]
How to properly manage a retirement portfolio
[vc_row][vc_column][vc_column_text]https://youtu.be/q9N2DAt0Djk Are you tired of turning on the nightly news and worrying about how the day’s events are affecting your retirement portfolio? Are you worried about the day-to-day fluctuations of the stock market? This week we take a look at how to properly manage your retirement portfolio with the Bucketing Strategy so that you […]
Why your rate of return isn’t as important as you think
[vc_row][vc_column][vc_video link=”https://youtu.be/SDGXOkQjgxE” css=”.vc_custom_1623956167399{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text] Rate of return vs timing of return Many people believe that the rate of return they earn in their investment portfolio is the number one factor in determining the success of their retirement plan. Although essential, today I want to review why it’s even more important not to […]
What happens when you withdraw your pension?
[vc_row][vc_column][vc_column_text]https://youtu.be/JcziaDS5R2M Today we’ll be going over what happens when choosing the lump sum payout option from your defined benefit pension plan. As you’re likely aware, a defined benefit pension plan will pay you a monthly income for life, so why choose the lump sum payout option instead? A few common reasons include: Pension […]
How to supercharge your RRSP
[vc_row][vc_column][vc_column_text] Don Jacobs is three years away from retirement and is looking for a way to supercharge his RRSP. With the 2018 RRSP deadline just around the corner, we help Don maximize his contributions so he can achieve his retirement goal in the next three years. Now that Don’s contribution has been […]
When should you apply for your CPP?
[vc_row][vc_column][vc_column_text]https://www.youtube.com/watch?v=-WEtYpTdysg&feature=youtu.be When should you be applying for your CPP? This week we take a look at the long-term financial impacts of your decision and what variables you should take into consideration. Looking for more advice? Take a look at our 2 part CPP series which includes An argument for taking CPP later and An argument for taking […]
Am I on Track to Retire? – Video
Am I on track to retire? This is a very common question I receive, so today I wanted to give you a simple way that you can get an answer to this question without pulling your hair out. Bob is 55 years old and approaching retirement. He plans on spending his winters in Phoenix and […]
