Finance Wisdom Archives

What’s Important About Money to You?

by Ed Rempel | Oct 6, 2018 | Finance Wisdom, Financial Planning Wisdom, Short "Insights" Articles | 1 comment

Money: it impacts so many aspects of your life. How you handle it, save it, and spend it can say a lot about you. Ask yourself: “What’s important about money to me?” 1 I have asked this question to thousands of people in the last 20 years. Every answer is...

Is Typical Retirement Advice Good Advice? – Testing Retirement Rules of Thumb (As seen in Canadian MoneySaver)

by Ed Rempel | Jul 1, 2018 | Finance Wisdom, Financial Planning Wisdom, Investment Wisdom, Retirement Income, Retirement Planning Wisdom | 11 comments

You want to retire soon. How should you setup your retirement income? You talk with some friends, read about it on the internet, and talk with a financial advisor. Are you actually getting good advice? When it comes to retirement income, most financial advisors rely...

Financial Advice Or “Quackery?”: How To Spot The Difference

by Ed Rempel | Apr 8, 2018 | Finance Wisdom, Financial Planning Wisdom, Retirement Planning Wisdom | 0 comments

How can you tell if the financial advice you’ve received is real, useful financial guidance or just a case of “fake news”, i.e. financial “quackery”? Unfortunately, a lot of what happens in the financial industry in Canada is financial “quackery,” as we like to...

When can I Retire with the Lifestyle I Want? (As seen in October 2017 issue of Canadian MoneySaver)

by Ed Rempel | Feb 14, 2018 | Finance Wisdom, Financial Planning Wisdom, Investment Wisdom, Retirement Income, Retirement Planning Wisdom, Tax Strategies, TFSA or RRSP? | 4 comments

Financial freedom. It is what we really want. The most common questions I am asked are about retirement and financial freedom. For example: Jonathan (age 29) – I want to retire very young and very comfortably. How can I achieve that? Emma (age 34) – What do I have to...

Can we retire now? Ed Rempel tests retirement income rules of thumb

by Ed Rempel | Jan 23, 2018 | Finance Wisdom, Financial Planning Wisdom, Investment Wisdom, Retirement Income, Retirement Planning Wisdom | 0 comments

John and Jennifer (Jen) are 62 and want to retire comfortably soon. Can they retire now? They want to know how to set up their retirement income to give them the maximum income that will be reliable for the rest of their life. Will common rules of thumb about...

Read my article in Money.ca Magazine: Understanding the Differences Between Financial Advisors and Brokers

by Ed Rempel | Jan 6, 2018 | Finance Wisdom, Financial Planning Wisdom, Investment Wisdom | 0 comments

Read my article in Money.ca Magazine. Understand the difference between a fee-for-service financial planner and a broker. For Millennials, learn the difference between my Robo-Advisor Professional and ordinary robo-advisors. It’s a robo-advisor plus professional...