Archive for August 2024
National Post Article: Couple has a compelling reason for wanting to break with the retirement mould
The National Post asked me to review the finances of a couple who want to retire in their 50s. They’d like to spend three to four months a year in a warmer climate. They have a $1.6 million investment portfolio that generates about $52,000 a year in dividends, they have a combined annual income of…
Read MoreWe’re Hiring! Unique opportunity to join Ed Rempel’s Team as an Associate Financial Planner
Would you like to join Ed Rempel’s team? Be mentored by Ed & his team to become one of the top fee-for-service financial planners in Canada? This is a unique opportunity to learn financial planning from the best. Get a great feeling from making a real difference in the lives of many clients. NOTE: You…
Read MoreMid-Year Insights 2024: Timeless Truths, Market Observations, and Practice Updates
Here are three key insights that I believe are essential for navigating the rest of the year and beyond. These insights are grounded in the principles that have guided our successful financial planning and investment strategies. The three key areas: Some timeless truths that guide our financial planning, a few observations on the markets so…
Read MoreMoney123 Article: Buying a House? Timing Your First Home Savings Account (FHSA) Withdrawal
A couple are about to buy a house in the next couple of months, but their money is in their First Home Savings Account (FHSA). They are not sure when to withdraw their money. They are worried that if they keep the money in the FHSA until they have a deal, it might cause a…
Read MoreTop 5 Hacks To Maximize Your Child’s RESP
Many people are saving for their kids’ future education costs in an RESP. For some parents, it is a higher priority and they want to be able to maximize the benefits of an RESP – not just contribute the standard $2,500/year for each child. In my latest blog post, video, and podcast episode I talk…
Read MoreWhat Happens if the Liberals Attack the Smith Manoeuvre?
The Smith Manoeuvre has long been a popular strategy for Canadian homeowners seeking to convert their mortgage debt into tax-deductible investment debt. However, recent tax and regulatory changes have impacted the efficacy of the Smith Manoeuvre, and further changes from the Liberal government could pose additional challenges. In my latest blog post, YouTube video and…
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