Financial tips for a young adult with more independence

Financial tips for a young adult with more independence

It’s happened. Your child has flown the nest and has settled in a college or university. With this increased independence, you may want to teach your child about finances by alerting them to a couple of key danger areas in managing money: spending more than they can afford and abusing credit cards. Keep a budget […]

For love and money

For love and money

Talking about money in a new(ish) relationship. Growing into a relationship is partly about discovering the things two people have in common – from favourite activities and hobbies to shared attitudes and beliefs. And, while it may not be one of the first subjects to come up, the topic of money is bound to surface […]

Why Critical Illness Insurance?

Why Critical Illness Insurance?

Consider the potential taxes when you plan your estate

Consider the potential taxes when you plan your estate

Many Canadians save and invest not just to build a better future for themselves but also to leave a financial legacy for their children or grandchildren. Without proper planning, however, much of that legacy could wind up going to the government in the form of taxes. For example, suppose you own a vacation property (that […]

Why stay invested (even in a down market)?

Why stay invested (even in a down market)?

The following graph shows the rolling returns (returns over X consecutive years) for 1, 5, 10 and 20 years. The green lines are positive returns and the red are negative returns. Each consecutive line shows more green lines and fewer red lines thus showing that the longer you stayed invested, the better chance of positive […]

RETIREMENT READY?

RETIREMENT READY?

RETIREMENT READY?

You want to balance your mortgage, kids’ education, and retirement savings. Are you saving enough to meet your goals and be ready for retirement?

Financial planning for special needs children

Financial planning for special needs children

How to support their care for a lifetime. Most families are concerned about planning for their children’s financial futures, but for families with special needs children, financial planning strategies have a different and often more complex dimension. The cost of supporting an individual with special needs adds up quickly – from therapies, medical equipment and special […]

Do you have Mortgage Insurance through your bank?

Do you have Mortgage Insurance through your bank?

Life insurance or mortgage insurance? The better option for mortgage protection Your home is probably the biggest investment you’ll ever make. When you arrange a mortgage with a financial institution, they must ask you if you want to insure your mortgage through them. But mortgage insurance from your bank or mortgage lender may not be […]

Age, Gender and Retirement Perspectives

Age, Gender and Retirement Perspectives

Do you think that retirement for you and future generations will be significantly different than it is for current retirees? If you say, “yes”, you’re not alone. Most consumers anticipate meaningful differences. Thoughts, expectations, confidence and planning do differ when considering age and gender. Here are some recent findings shared with permission from the LIMRA […]

Insurance made easy

Insurance made easy

Getting the protection you need is faster and simpler than ever before. When thinking about getting a financial plan in order, many people tend to focus on investments, bank account balances, or paying down debt. Insurance protection can sometimes get put on the back burner, often because of misconceptions: it’s not fun to think about, it […]

Insurance made easy

Insurance made easy

Getting the protection you need is faster and simpler than ever before. When thinking about getting a financial plan in order, many people tend to focus on investments, bank account balances, or paying down debt. Insurance protection can sometimes get put on the back burner, often because of misconceptions: it’s not fun to think about, it […]

Guaranteed Income for Life – RRSP

Guaranteed Income for Life – RRSP

https://youtu.be/DXPTWTe6K7c CASE STUDY GUIDE

Which investments can reduce your tax bill?

Which investments can reduce your tax bill?

Taxes may be inescapable, but your choice of investments can have a huge impact on how much tax you pay. It all depends on your personal situation and how you structure your investment portfolio. 3 types of investment income and how they work A basic investment portfolio can generate three types of income: Interest income. […]

2019 Canadian Budget update

2019 Canadian Budget update

Guaranteed Income for Life – RRIF

Guaranteed Income for Life – RRIF

https://youtu.be/fQQX0a9LDf8 CASE STUDY GUIDE

QUEBEC 2019 FINANCIAL FACTS

QUEBEC 2019 FINANCIAL FACTS

How to talk to your boss about your mental health

How to talk to your boss about your mental health

It may be tough to talk to your boss about your mental health, but experts say having the conversation can help your recovery. By Joy Blenman Most Canadians would rather not speak to their bosses about their mental health. According to the Sun Life Barometer Study, working Canadians are only half as likely to report […]

8 money management tips for couples

8 money management tips for couples

Are couples and money incompatible? Is financial planning a relationship killer? Here’s some advice on managing money together without destroying your relationship. 1. Break the money taboo Did you know that money is one of the main sources of conflict in couples? For love and money to coexist, you cannot bury your head in the […]

Women and the financial frontier

Women and the financial frontier

Addressing the financial challenges facing women, with tips men can use too. Women are centre stage in 2018. They’re speaking out across social media and demanding change – and there are signs they’re well positioned to get it. The federal government has a gender‑balanced cabinet for the first time in history. Globally, female empowerment, workplace […]

RRSP contributions for working seniors

RRSP contributions for working seniors

Written by Peter Wouters Stan is turning 71 this year. He is enjoying a life filled with travel, relaxation and time with his family. Like more and more people, work is still very much a part of his life. Stan expects to work at least part-time for the foreseeable future. To Stan, this keeps his mind […]

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