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Is Your Marriage Ready for Retirement?

Ideally, the road to getting your marriage ready for retirement will start the day you and your spouse say take your vows. However, for most people, retirement is not at the top of the list when they embark on married life. With sound financial planning and good communication, a couple can successfully navigate this major […]

What if You Have Different Retirement Planning Goals?

If you are on your second marriage or married late in life, keeping your finances separate seemed like the sensible thing to do. The basic costs, such as the mortgage, utilities, taxes and insurance were split 50/50. You took care of your own personal needs and lifestyle costs. You have your own savings and retirement […]

Cut Your Tax Bill for Next Year by Sharing Your Pension

Now that the 2013 tax season is just about finished and either have submitted or are in the process of preparing your return, are you happy the result? No one wants to overpay when it comes to income taxes. You may be able to cut your tax bill for next year by sharing your pension. […]

Your Home Equity May Not Be Enough to Fund Your Retirement. Why It Makes Sense to Diversity

Many people, especially people living in major cities where the price of real estate is quite high, see their homes as an important asset. Owning a home is one of the most important purchases we make, but you don’t want to make the mistake of thinking of the place where you live in the […]

Can You Save for Retirement and Help your Adult Children Too?

When children are grown up, parents provide food, shelter, and the resources they need to grow up to be responsible adults. We assume that our children will grow up, leave the nest and strike out on their own at some point. They will finish their education, establish their own families and we’ll have a quieter, […]

Why You Should Introduce Your Adult Children to Your Financial Advisor

Even though we have become more open about many subjects, the topic of money is one that many of us find difficult to discuss, even when our children have grown up. You should introduce your adult children to your financial advisor once you have established a good working relationship. It will benefit all of you.

Three Tips to Spring Clean Your Financial House

As soon as the temperature starts to warm up, we start to think about cleaning out those those cobwebs hiding all the nooks and crannies of our homes. And although our intentions start off really well, somehow we always find an excuse to dodge the hefty job of cleaning our “financial house”. This is usually […]

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    Is Your Financial Plan Flexible Enough to Include Caring for Your Elderly Parents?

Is Your Financial Plan Flexible Enough to Include Caring for Your Elderly Parents?

If you are caring for your own children and your elderly parents, you are not alone. Welcome to the Sandwich Generation – and you’re in good company. According to a survey conducted by Ipsos-Reid, one in three Canadians between the ages of 45 and 60 are caring for older family members. The brunt of this […]

What Should You Do With Your Tax Refund?

Do you remember the good old days when spending our tax refund frivolously wasn’t such a big deal? Our jobs were stable, house values seemed to be on a never-ending climb and the stock market was booming. Well, we are all feeling a little less certain about our financial stability these days; our portfolios have […]

By |March 3rd, 2014|Tax Planning|0 Comments|

The Facts About RRSP Carry-forwards

Are you confused about “RRSP carry-forwards”? If so, you’re not alone. A Registered Retirement Savings Plan (RRSP) is a way for taxpayers to save money, which can provide a source of future income, as well as provide an immediate tax deduction. The “carry-forward” part of that term simply means that taxpayers have some flexibility in […]

By |February 24th, 2014|Retirement Planning|0 Comments|