Retirement Income
Risk of Bonds To Your Retirement
In my latest YouTube video and podcast episode, I give you insight into what I advise my clients and why I declare the death of bonds as an investment. It’s time for most investors to stop investing in bonds. Including balanced funds. Here are just some of the topics I cover in the video: Ed
Read MoreFinancial Post Article: This retired woman needs to figure out what to do with potential $50 million in savings
The Financial Post asked me to review the finances of a single, retired 50-year-old woman who doesn’t have children and lives with her aging parents. She wants guidance on how to enjoy a comfortable retirement without risking outliving her money. This is a particular interesting client case story, as she actually has more money than…
Read MoreFinancial Post Article: When should I start CPP and what’s the best way to draw down my retirement investments?
The Financial Post asked me to review the finances of a couple who are already in retirement, but want advice on their withdrawal strategy. They are curious about how much they can take out of their investment accounts each year, so they have abundant cash flow, incur minimal tax and ensure their investment portfolio will…
Read MoreMoney123 Article: Spousal RRSPs As An Effective Income Splitting Strategy
How to save tax after you retire using a spousal RRSP. Try this! As a financial planner for Global News’ Money123 online email newsletter, I answer reader questions about investing, managing your finances, and planning for your future. In the latest email that went out to subscribers, I answered a question about why & how…
Read MoreMake Your Retirement Comfortable with the “8-Year GIS Strategy”
The “8-Year GIS Strategy” is one of the best strategies to turn a modest retirement into a comfortable one for you. I am finally releasing it! For years, this is one of a few strategies that I have quietly used with select clients. Prefer an overview? Like videos? Listening to podcasts? Check out our whiteboard…
Read MoreMillionaires in Poverty
This may sound like a dumb topic. Why would a millionaire live in poverty? We see it all the time, though. People living in a paid off home worth more than $1 million while living on an income of $20,000/year before tax. I believe this is caused by the belief that your home is your…
Read MoreDebunking “Sequence of Returns Risk”
What is the actual risk of running out of money if you start retirement when the market crashes? This is a question on the minds of many retirees. Especially because a lot of financial advisors talk about “Sequence of Returns Risk”. But worrying about this can lead to worse results for many retirees, as well…
Read More15 Top Principles of Money Most People Get Wrong
Are your finances where you want them to be? If not, there’s a very good chance that one of these 15, or maybe several of them are the underlying root cause. I’ve seen the finances of thousands of people and these are the principles that I find people most commonly get wrong, that have a…
Read MoreFinancial Post Article: 54-year-old’s retirement plan needs finessing in sickness and in health
The Financial Post asked me to review the finances of a 54-year old teacher who lives on her own and has health issues. She is wondering at what age she will be able to retire, and keep the same lifestyle she has now. In this article you’ll learn: CLICK THE LINK BELOW TO READ THE…
Read MoreFinancial Post Article: Costly divorce leaves this 61-year-old woman wondering if she can ever retire
The Financial Post asked me to review the finances of an Edmonton woman who is in the process of finalizing a costly divorce and preparing for a fresh start. She is looking for ways to retire soon, despite her divorce and her age. In this article you’ll learn: CLICK THE LINK BELOW TO READ THE…
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