Retirement Income
The Ultimate Status Symbol & Making a Difference in the World
In my latest YouTube video and podcast episode I talk about the ultimate status symbol and making a real difference in the world. That may sound like two completely different topics, but it’s actually one topic and I’m going to show you how to do both at the same time! Here’s what I cover: Each…
Read MoreFinancial Post Article: Looking for the right strategy to draw down retirement income
The Financial Post asked me to review the finances of a Toronto couple who would like to know the best strategy for drawing income from their pension, RRSPs, Canada Pension Plan and Old Age Security. Currently they have focused their investment strategy on dividend-paying stocks (largely based in North America) and away from growth and…
Read MoreFinancial Post Article: Early retirement just a dream for couple who want to buy new home in Vancouver
The Financial Post asked me to review the finances of a Vancouver couple whose money is already tied up in real estate, but want to purchase a new home. What’s the better option when it comes to saving for retirement: real estate or the markets? It’s a question Joe* and Alice are grappling with as…
Read MoreAre You Poor, Middle Class Or Wealthy?
Are you poor, middle class or wealthy? After seeing the finances of thousands of people, I’ve noticed patterns to determine if someone is poor, middle class or wealthy. In my latest YouTube video and podcast episode you’ll learn where you fit along the spectrum of wealth, how each thinks and invests differently, and how you…
Read MoreSmith Manoeuvre AFTER You Retire
What do you do with the Smith Manoeuvre AFTER you retire? My latest video and podcast episode is for you if you already know the basics of the Smith Manoeuvre. You have been doing this strategy for awhile, you’ve converted your mortgage to tax deductible, and you’re thinking about retiring. You’ve got a big investment…
Read MoreTop 10 Things to Know to Be in Control of Your Finances
Want to get serious about your finances? Every day I talk to people who come to see me for financial advice because they’ve come to a point where they realize – “I should probably do something smarter with my money, but I’m not quite sure what.” When you get to that point, what do you…
Read MoreIs Typical Retirement Advice Good Advice?
If you’re thinking of retiring or your parents or friends are retiring, beware of the typical advice you get. In my latest video and podcast episode, I talk about the 5 conventional wisdom rules of thumb for retirees. As the unconventional wisdom guy, I do the math for you to see whether they actually worked…
Read MoreHow to Afford the Life You Want
If you are worried about your finances & your future – you are not alone. Many people are worried about their finances. I receive daily notices from the “Free 30-Minute Consultation” form pouring out their life, what they are worried about & what they want. National Post family finances – I was interviewed for 6…
Read MoreFinancial Post Article: This Alberta couple won’t retire for another 30 years, but they can start planning now
The Financial Post asked me to review the finances of a 30-something Alberta couple who hope to have another child in the next few years and see themselves buying some property and building a home where they will retire. See why it’s a big benefit for you to plan for the retirement you want years…
Read MoreDoes Borrowing to Invest Make Sense with High Interest Rates?
Should you borrow to invest? With interest rising 4.5% recently, does it still make sense? Spoiled with low interest rates so low for many years, leverage seemed so obvious with a credit line at 3% and tax-deductible, while getting the growth of the stock market. As a fee-for-service financial planner, and an expert on the…
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