“Retirement” – the word represents many things these days. It could be a lifestyle full of travel and adventures, or perhaps a transition to volunteer work...
Called the Great Resignation, since the pandemic, employees are leaving the workplace/workforce or switching jobs in droves.
Since 1987, when the Canada Pension Plan (CPP) first introduced flexible retirement pension start dates, this has been one of the most common questions that I get asked...
While leading retirement seminars for pre-retiring professionals over the past 10 years, I have observed diverse levels of readiness, attitude, and concern toward this major work/life transition.
Employers guarantee a specific retirement benefit for each employee who participates in their defined benefit pension plan.
I’ve had the privilege and honor to work with many clients transitioning to retirement over my nearly 20-year career in financial services.
In the past 10+ years, Vancouver homeowners have enjoyed significant increases in property values. In some cases, property values have increased 2x and 3x
Life expectancy is one of the most misunderstood aspects of retirement income planning - yet, it is one of the most important factors.
Everyone has different goals and expectations for their retirement. Likewise, everyone has a different level of financial resources they can use to achieve these goals.
A life annuity is a financial vehicle that allows you to exchange a lump sum of capital for a guaranteed income for as long as you live (or you and your spouse or partner lives).
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...
You’ve saved long and hard for many years. You’ve made sacrifices and put your long-term needs ahead of your current desires for that vacation, the newer car or upgrading the kitchen.
A good place to start would be to register to access your information with the Canada Revenue Agency (CRA) online.
We are pleased to present the results of the 2016 Horizons Retirement Report. This report summarizes the dreams, fears, hopes and challenges of Canadians planning to retire within the next 3 to 7 years.
Almost forty years ago in 1977, personal computers made their entrance into our lives as “microcomputers” and in 1980, as “home computers” intended for the non-technical user.
One of the most regular questions I’m asked by retiring clients is, “How do we manage our investments once we’re retired?”
Take a moment to think back to the day you got your first job. At that time, you likely had minimal financial assets and no real estate...
Earlier this year, the investment firm Vanguard released the results of a major study attempting to quantify the value of financial advice to investors.
Many of our clients are concerned about what life will look like during their retirement years. For this reason, we started our retirement survey five years ago to explore what Canadians are thinking as they approach retirement.
Don and Jane Smith are the proud and loving parents of 2 children age 15 and 16. At a meeting with their accountant, one of the topics of concern for the family is the large health costs...
During your working life, you may have had one or two sources of income with limited ability to manage the timing of cash flows.
Every year, we commission a survey (conducted by Concerto Research) to explore what Canadians are thinking and feeling as they approach retirement.
When you require income from your RRSP, a Registered Retirement Income Fund (RRIF) may be appropriate for you.
The oldest “official” living person in the world is now 115 years old, although there was a recent unofficial report of a 127- year- old lady in China.
We’ve just completed the 2013 edition of the Horizons Retirement Report. This survey is done with Canadians who are approaching retirement.
Many of our clients who operate a small business or professional practice in law, medicine, real estate, or accounting will be incorporated.
Do you contribute to a defined benefit pension plan?
Responsible investing (also known as ethical investing and socially responsible investing) is growing in popularity as more investors are seeking to align their portfolios with their values.
Don't simply retire from something; have something to retire to. ~Harry Emerson Fosdick
Both OAS (Old Age Security) and CPP (Canadian Pension Plan) are government income entitlements that are meant to provide Canadians a guaranteed inflation-indexed pension for as long as they live. But what are they worth to you today?
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.
In the year you turn age 71, you must convert your RRSP funds to a RRIF, annuity, or cash out. Converted to a RRIF, the plan must pay out a minimum of 7.38% of the value on January 1st.