Posts by Ed Rempel
We’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…
Read MoreNational Post Article: Snowbirds paying $15,000 a year in investment fees worry about growing their nest egg
The National Post asked me to review the finances of a newly retired couple who are snowbirds. They are currently paying $15,000 a year in investment fees, but feel they don’t get much tax or financial planning advice. They are also business partners who have worked in the U.S. One has a Canadian-United States citizenship,…
Read MoreHow Long Will You Live?
Have you ever wondered how long you might live? Understanding life expectancy is crucial for planning a secure and fulfilling future. In my latest blog post, YouTube video and podcast episode I explore the dramatic changes in life expectancy over the past century, why it’s expected to continue increasing, and how this impacts your retirement…
Read MoreTFSA or RRSP? – The Right Answer for You (2024)
Deciding between a Tax-Free Savings Account (TFSA) and a Registered Retirement Savings Plan (RRSP) can be one of the most challenging financial decisions you’ll face. Each has its benefits, and the right choice depends on your unique financial situation. In this post, I’ll guide you through understanding the factors that determine whether a TFSA or…
Read MoreMoney123 Article: Newly Married Couple Want To Merge Their Debt With the Lowest Interest Rate
A newly married couple are combining their finances. Both have significant debt. Their debt is made up of student loans, a car purchase, a mortgage, and a bit of credit card debt. They asked a question on how to manage it in the most efficient manner and if they should merge all debt into one…
Read MoreHow To Have a Long Lifespan, Healthspan & Wealthspan With 3.0 Level Thinking
How long should you expect to be retired? You want your money to last the rest of your life. How long will you live? What quality of life will you have? What will your lifestyle cost you when you are older? What if you could: 1. Live longer (long lifespan). 2. Be healthy longer (long…
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