How much will you need to retire? Nothing is more frustrating than trying to figure out how much to save for retirement. You know the amount you’ll need to save depends on what kind of retirement lifestyle you want. But how can you decide that…
Most market sayings have a grain of truth, but the more research and independent thinking you apply, the better your understanding of what they mean. It’s hard to stay calm when everyone around you is in a panic and bolder yet to be investing millions…
When my husband and I discovered that I was pregnant with twins, we began to compile the list of things we would need — cribs, a double stroller, car seats, not to mention a car. But there was one thing we needed that we forgot…
Low interest rates and returns are prompting one of the longest running debates in personal finance. Ask three experts whether you should pay down your mortgage or invest in your retirement and you’ll end up with at least four different answers. That’s because over the…
You’ve worked hard and you want to enjoy a comfortable retirement…… But outside of an RRSP and a TFSA what investment plans allow you to grow your wealth without it being eroded by taxation? And when you eventually start to draw an income in retirement……..……more…
Our Corporate Estate Transfer Strategy can help you convert a company’s taxable surplus into a non-taxable surplus, and significantly increase the company’s after-tax value for estate purposes. Here’s how it works: The company transfers its liquid assets into an exempt life insurance policy over a…
Have a tax-efficient plan: People who become wealthy follow a consistent, purposeful process for thinking about their earning and savings. Cut withholding taxes: Employees should complete the TD1 Personal Tax Credit Return and its sister, Form T1213 Request to reduce tax deductions at source, to…
Why do wealthy individuals, those who have no need for more insurance, sign up for the largest whole life policies issued in Canada? Did they meet a high pressure insurance salesperson who convinced them to buy something they don’t need? Are they unsophisticated investors who…
Do you need life insurance on your children? Or is this coverage you should skip? Let’s evaluate the why’s and why nots of life insurance on children. When you don’t need life insurance on your children Placing life insurance on parents or wage earners is…
Figuring out how much insurance you need is easy if you stick to fundamentals. Simply answer one of two questions: How much money do you lose if you die or How much money do you need to create at your death. Life insurance for young…