Retirement isn’t a one-size-fits-all experience. In today’s dynamic world, it’s more of a gradual transition than a sudden event.
How can you help an adult child in need now and ensure any other children are treated equally?
Fear can literally kill you. Fear is an incredibly destructive force in the human psyche. Fear comes from the Latin word periculum, which means “peril.”
What does it mean to create a financial plan? And why is it important to do so?
Love isn’t in the big gestures. It’s in the small details – the everyday minutiae of the lives of people that we care for.
My initial conversation with the client had been friendly, but brief. He gave me most of the relevant details unprompted and had obviously done some research on what might be expected during the divorce process.
Do you ever find that you can rationalize putting off important responsibilities because they may be painful or cause discomfort?
When I first started in this profession, I thought I had a good idea of what it meant to be a financial advisor. An advisor had to develop a strong understanding of the investment world, become reasonably well-versed in the tax rules..
Generally speaking, you can contribute to a family plan as long as the beneficiaries are less than 31 years of age at the time of contribution.
Louise is retiring soon, and it just dawned on her that she isn’t clear what’s going to happen to her cash flow after the regular paycheques stop coming in. I find this a great source of concern among the nearly-retired...
If you’ve had to obtain a mortgage to purchase a home or condo, you will have noticed the number of times insurance was discussed.
Just last week, a good friend of mine told me that his bank account had been compromised. He received several PayPal withdrawals that he didn’t authorize and thousands of his funds were gone.
Answer: One of the major implications for you will be that you will no longer be able to split pension or RRIF (Registered Retirement Income Fund) income on your income tax returns.
My wife and I are expecting our first child this August. As new parents to be, we are spending a lot of time analyzing our finances and are doing a lot of planning to ensure that we are well prepared.
A Registered Retirement Savings Plan (RRSP) is a financial planning tool which is widely used by Canadians. A common assumption is that the funds in this account should not be touched until that glorious era of your life – retirement.
Ann and Will loved to socialize. Every Friday night, 52 weeks a year, their many friends went to their home to gather for coffee and appies.
I’d like to introduce you to Jane. Jane is very aware that two of her children could really use a little extra boost financially and she wants to ensure that, upon her death, they will receive as much as possible.
Over five years ago, my now ex-husband and I agreed to separate. At the onset of this decision, it all seemed seamless and easy, but we were two people coming from different places at different stages in our lives.
In our profession, we have the privilege of getting to know clients really well over many years
For many British Colombians, a large amount of their net worth is tied up in the equity of their principal residence. There are four main avenues to access this equity - all with some advantages and disadvantages
Although it's not always easy initiating conversations around money, talking openly about finances is important for your relationship's wellbeing.
Do you have a habit or a pattern of behaviour that has become unproductive and hard to change?
Recently I was sick after coming back on from a trip. This was the first time my husband and I traveled together without the children and I was looking forward to spending quality time with them upon my return.
If you or your partner receive qualified pension income, the federal government’s pension income-splitting provisions could mean extra money in your pocket when you file your income tax returns.
There was no shortage of news and opinions about the Brexit vote this past June. And while it made for good political theatre, I couldn’t help but wonder what the people on the ground really felt about it. As luck would have it, the