Posts Tagged ‘retirement income’
Financial Post Article: This retired man has been living on cash savings – but that’s a mistake.
The Financial Post asked me to review the finances of a retired man making the mistake of living off his cash savings. See how learning to have a higher risk tolerance makes his retirement more comfortable. CLICK THE LINK BELOW TO READ THE ARTICLE BY MARY TERESA BITTI: This retired man has been living on…
Read MoreHow Does a Financial Plan Help You?
In this week’s video I’m interviewed by Kornel Szrejber, founder of the Build Wealth Canada podcast and website, and host of the Canadian Financial Summit. Kornel runs the #1 personal finance podcast in Canada & the Canadian Financial Summit. He has been getting advice from me for awhile when it comes to financial planning and…
Read MoreFinancial Post Article: This couple wants to retire early, but are their government pensions enough?
The Financial Post recently asked me to review the finances of a couple that want to retire. They have a weekly Family Finance section where they ask financial planning experts. If you wonder about the benefits of having a Financial Plan, here is an example. What you will learn: CLICK THE LINK BELOW TO READ…
Read MoreBest Smith Manoeuvre Mortgages
The first step to implement the Smith Manoeuvre is to get a readvanceable mortgage. What is the best one? We have unique personal knowledge of the quirks of each of the Smith Manoeuvre mortgages from working with hundreds of clients to implement and manage the Smith Manoeuvre. We are not the mortgage person that gets…
Read MoreHow to Design Your Retirement Income: An Overview
With so much advice on retirement, sometimes it’s hard to know what to do. How do you put all the details together to get the retirement income you want with the minimum lifetime tax? Quite a few people asked me questions about retirement income in response to my last video. In my latest video, you’re…
Read MoreWhat Financial Question Is on Your Mind?
What burning financial question is on your mind? What topic(s) would you like me to tackle next?
I post a video or article on my blog, YouTube & my email list every Thursday and try to make it as relevant to you as I can. I am asking you now to find out what is most relevant for you.
Read More5 Best Ideas To Optimize The Smith Manoeuvre
Is your mortgage tax deductible? You know the basics about the Smith Manoeuvre. This video is about the practical issues you may run into and how to maximize the benefits. We are Canada’s Smith Manoeuvre experts and have helped thousands of families implement it. Many “Smith Manoeuvre experts” just offer you a mortgage and leave…
Read MoreDo Bonds Still Make Sense For Retirement Savings? The Debate
My recent video saying bonds are dead as an investment has started a debate on MoneySense and industry forums. Here is what the bond advocates are missing: It’s a financial planning issue. For example, if you and your spouse earn $50,000/year each ($100,000 total) and you want to retire on $80,000/year in today’s dollars in…
Read MoreQ&A from Canadian Financial Summit (podcast)
Your questions from the Summit are answered here! The biggest online personal finance conference in Canada is the Canadian Financial Summit, which was a few weeks ago. I was interviewed for 2 intriguing talks: How to Easily Outperform Investment Advisors & Robo-Advisors The High Risk of Bonds: Are Bonds Actually Safe Investments? Here are my answers to…
Read MoreMinimize Taxes on Retirement Income (on Tangerine.ca)
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 retire.” “In retirement, your taxable income can be very different from the cash you…
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