Considerations for Health and a comfortable retirement
You’ve just retired. Now what? I ask this with all appropriate gravity. Retirement is arguably the most rewarding stage of life. You’ve worked your whole life for this moment, and you have [...]
The pension-vs.-lump-sum decision
If retirement is on the horizon, there’s a very important question you’ll need to ask yourself. Hawaii or Arizona? Well, yes, that too. But the question I’m thinking of is: Pension or lump sum? [...]
2015 Alberta Budget Tax Highlights
The Alberta government delivered its 2015-16 provincial budget yesterday. After years and years of status quo (from an income tax rate perspective), yesterday’s budget included changes that will [...]
What’s new this 2015 Tax year
Every year, the federal government releases a new 2014 budget with new rules that is a good idea to keep up to date on. 10 changes that could affect how much you owe or how much you save, this [...]
Are your retirement plans up to snuff?
We all know about the importance of a nest egg. But how soon should we be building the nest — and what’s the appropriate size of the egg? The BMO Wealth Institute recently released a special [...]
RRSP season: Tackling the excuses and myths
We’re right in the thick of RRSP season. As you likely know, the 2015 deadline for RRSP contributions arrives on March 2 — the last day to contribute, and earn yourself a handy deduction on your [...]
Make the most of your TFSA . . . ASAP!
Looking for some financial advice you can take to the bank? TFSA. ASAP. In my view, the first financial act of 2015 — for any Canadian — should be contributing as much of the annual $5,500 limit [...]