Our advisors are thoughts leaders in the industry. These are the latest instances where we have been asked our opinions by the media.
Fraud prevention may sound simple. Spot the suspicious email. Ignore the strange text message. Hang up on the caller asking for personal information.
Educated, high-earning Canadian investors turn to finfluencers for money advice
The U.S.-Iran war has roiled commodity and stock markets while stoking inflationary fears, but experts caution investors against emotionally driven changes to their portfolio.
In a 1996 Seinfeld episode, the character George Costanza devises a hare-brained scheme to get out of an engagement – he asks his fiancée to sign a prenup.
Covered call ETFs are gaining popularity in Canada, offering higher income for investors—but experts warn of higher fees and lower long-term returns.
Tom is 42 years old and operates a successful consulting business, drawing a salary of more than $200,000 a year and investing the surplus through his holding company….
A cancer diagnosis triggered Shan Robertson, 57, to retire last year.
Whether you’re transitioning into retirement, facing an unexpected financial crunch, or thinking about rebalancing your investments, withdrawing from your Registered Retirement Savings Plan (RRSP) might seem like a simple solution.
When you hear the term insurance, you may think about protecting valuable possessions such as your home, a vehicle, or jewelry. But often, the most important thing to insure isn’t something you own. It’s you.
Pablo is 59 and earns $130,000 a year working in the education field. Irene is 56 and earns $110,000 as an administrator.
Responsible Investing (RI) is evolving beyond its basic environmental, social and governance structure (ESG) because of US tariffs and a heightened political climate, according to a new Leger survey of 1,500 investors nationwide. .
Part of what lured Brandon Davies to Edmonton from Ontario three years ago was housing affordability.
Don manages the family’s investments, which are 95 per cent in stocks that “have done okay.” Their retirement spending goal is $120,000 a year after tax.
Trying to predict stock returns with any degree of certainty is not recommended.
Jason Abbott has seen many of his clients make career changes later in life, choosing to shift gears between the ages of 50 and 75, writes Anna Sharratt in this Investing article.
RGF Integrated Wealth Management is proud to announce the celebration of our 50th anniversary.
After a spell of discouraging stock market performance, Gertrude wonders if she has enough savings and investments to retire in the next two or three years.
What makes for a “climate-friendly” portfolio? For advisors and investors, the answer isn’t always straightforward.
Tempted by the call of the mountains? You might be wondering about moving to Alberta. Here’s what to know about housing, the cost of living and more.
As environmental, social and governance (ESG) issues factor into more investment decisions, critics say one element is often overlooked: the human rights records of businesses.
Rekindled inflation and jittery stock markets have Kathleen – who left the work force a year or so ago – feeling a bit nervous about her financial future.
The one change that jumps out comes from a seemingly innocuous question: “How confident are you that your marriage will adapt to the changes in life and finances that may come after retirement?”
Rosalynn Ruptash was not a skier when she met her husband 13 years ago. “I’m as athletic as a rusty nail,” says the 66-year-old Edmontonian. “I’m also very petrified of heights. I have acrophobia.”
Rosalynn Ruptash was not a skier when she met her husband 13 years ago. “I’m as athletic as a rusty nail,” says the 66-year-old Edmontonian. “I’m also very petrified of heights. I have acrophobia.”
Well-fixed financially, Annie would like to give some money to her two adult children “sooner rather than later,” she writes in an e-mail. “Charitable giving would also be of interest,” she adds.
Once the children have gone, Gwen and Dennis plan to downsize, keeping a small place in Vancouver and a modest cabin on one of the Gulf Islands.
FP Canada announced today two new appointments to its Board of Directors: Teresa Black Hughes, CFP and Diana Iannetta.
Two decades of rising home prices across Canada have provided somewhat of a retirement windfall for older Canadians. That’s the good news.
For people who have a defined-benefit (DB) pension plan through their employers, years of compulsory saving may eliminate much of the uncertainty around how much to set aside for retirement.
Reverse mortgages have never been this popular in Canada. Inquiries about them have doubled between 2016 and 2017, according to HomeEquity Bank’s CHIP Reverse Mortgage, which was, for a time, the only financial institution to offer them nationwide.
It’s harder to save for retirement if you’re a woman.
Women earn less than men on average and more often take time out of the work force to raise children or look after elderly parents.
The majority of Canadians in or approaching retirement are worried about outliving their savings. And yet, many fail to prepare for the one thing that has a very good chance of blowing up seniors’ living costs
‘I remember when you just had $5,000 and you really couldn’t do anything with them’
The ‘glide path’ is when you wind down your career slowly. Here are the financial implications.
According to JPMorgan Asset Management’s 2016 Guide to Retirement, someone age 40 with an annual household income of $100,000 should have 2.6 times that amount put away for retirement, and by age 60, that multiple should be 7.3.
Toronto’s housing crisis is being exacerbated by 20-somethings who either return home after school or never left in the first place.
While some may regard retirement as a key moment in their financial journey, it’s not an event but a process, says veteran financial advisor Clay Gillespie in a new book.
Need to rent a nine-bedroom, 12-bathroom oceanfront beach house for a weekend? Wondering where to park your Porsche in Chicago while on business? As the memorable Apple advertisement once put it, there’s an app for that.
A question frequently asked by clients who face imminent retirement is: “Will my money last?” A proper response from a financial advisor requires examining several issues that could affect the client and determining whether guaranteed products can fit into his or her portfolio.
The self-employed have long dealt with issues of health coverage or saving for gaps in pay, but now they’re poised to go mainstream.
From the world of annuities comes a reason for retirees planning the sale of the family home to get moving before the year is out.
Senior clients may be vulnerable to exploitation by family members, friends and strangers. While investment industry groups are finding ways to identify and prevent financial abuse of elders, you can do your part to help protect your clients.
As Canadians approach the ends of their career, they start to wonder how much they need to save to maintain their standard of living in retirement.
Question from Arun, 62, of Alberta: I am having a hard time deciding whether to start my Canada Pension Plan now at age 62 or wait until 65.
Mary was forced to sell her only asset, a Toronto house. But the money means she’s no longer qualifies for assistance given to the poorest seniors.
If you are holding on to that cash out of fear rather than need, you should consider jumping back in and benefiting from what is essentially a 20% discount on stock prices.
What better time to take stock of your stocks than spring?
In a week where our central banker talked about negative interest rates, readers wonder about living longer than their savings..https://www.thestar.com/business/personal_finance/2015/12/09/outliving-your-savings-and-why-the-4-per-cent-rule-still-applies-mayers.html
Question from 79-year-old Bill Silverberg from Winnipeg: What is a fair fee to pay an advisor for management of my portfolio and how should this fee be structured?
Question from Ed (Alberta): I’m 53, unmarried, and plan to retire in five years. I have $350,000 in my RRSP. What would be the best strategy…
You might be making 8 per cent a year on your private mortgage pool, but could you get your money back promptly if you needed it?
A new survey shows Canadian seniors are getting a lot more comfortable with debt, adjusting to a lifestyle where debt will get them nicer homes, fund more vacations or even help their adult children.
Ottawa is reducing the withdrawal rules for how much seniors must take out of registered retired income funds, a move that comes after extensive lobbying.
Tuesday’s federal budget made it clear that changing demographics and low interest rates are making financial fitness in old age tougher.
The 2015 federal budget provided few surprises.
But, overall, industry organizations are in favour of the changes introduced that support families, seniors and businesses across the country.
If you give, so shall you save.
That appears to be the mantra for the Federal Budget in relation to capital gains tax exemptions on commercial real estate sales.
Under the B.C. Property Tax Deferment Program, the province remits the cost of the property tax to the municipality. The province recovers the cost, with interest, when the home is sold or when the homeowner chooses to pay it.
Some of the most interesting questions [about the annuity option for retirement] have been gathered up with answers supplied by insurers and advisers.
Mary knows she must tap into her home’s equity to find more money for her retirement income. But what’s the best way to achieve that?
What a disappointing few years it’s been for buyers of guaranteed investment certificates. Year after year, investors have been told interest rates were about to rise.
GICs linked to stock market indexes appeal to very conservative investors and give the illusion of something for nothing. But there are many reasons to avoid them.
With Canadians more financially squeezed than ever, many older citizens are wondering if they should take early Canada Pension Plan benefits.
John and Marsha know that if they want to retire in eight years, they must start planning now. He is 52, she is 50.