Financial Planning Wisdom Archives – Page 2 of 16

Minimize Taxes on Retirement Income (on Tangerine.ca)

by Ed Rempel | Apr 13, 2019 | Financial Planning Wisdom, Retirement Income, Retirement Planning Wisdom, Tax Strategies | 1 comment

Very well-written and insightful interview and article on Tangerine.ca by Robin Taub. Worth reading. A couple quotes: “The key to minimizing taxes on retirement income is careful planning, and this normally starts years or even a decade or two before you...

Why aggressive stock investors should take CPP early (MoneySense by Jonathan Chevreau)

by Ed Rempel | Jan 27, 2019 | Financial Planning Wisdom, Investment Wisdom, Retirement Income, Retirement Planning Wisdom, Tax Strategies | 0 comments

Very interesting article on MoneySense by Jonathan Chevreau. Every article I have ever read (other than this one and mine) about whether to start CPP at 60, 65 or 70 misses one of the 2 main factors – how you invest. If you take CPP early, you can take less from...

New Tax on Parents and 8 Ways You Can Benefit (as seen in Canadian MoneySaver)

by Ed Rempel | Jan 1, 2019 | Financial Planning Wisdom, Smith Manoeuvre Wisdom, Tax Strategies, TFSA or RRSP? | 4 comments

Are you a parent? Is the income of your family between $30,000 and $119,000 per year? If so, congratulations! You are now paying the new “tax on parents”. Total tax rates on parents can get very high, with marginal tax rates as high as 63%! The new tax on parents is a...

What Women Want – and How to Get It

by Ed Rempel | Nov 17, 2018 | Financial Planning Wisdom, Investment Wisdom, Retirement Planning Wisdom | 0 comments

There was a gasp from the audience, when this photo of a homeless woman was shown at a talk I recently attended. A new survey shows that almost half of women fear they will become a “bag lady” someday. They fear being financially desperate and living on...

The 6 Best Strategies to Minimize Tax on Your Retirement Income (Video of MoneyShow talk)

by Ed Rempel | Oct 8, 2018 | Financial Planning Wisdom, Investment Wisdom, Retirement Income, Retirement Planning Wisdom, Tax Strategies, TFSA or RRSP?, Videos | 4 comments

I am pleased to announce that the MoneyShow has posted the video of my talk. Many people have asked me where they can see it again. These are not just tax tips. These are the 6 big strategies to save you thousands in tax throughout your retirement. This talk was based...

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...