Posts Tagged ‘retirement planning’
Financial 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 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 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…
Read MoreFinancial Post Article: Ottawa couple aiming for simple retirement worry inflation will derail their plans
The Financial Post asked me to review the finances of an Ottawa couple who are worried that inflation will take away money from their pension plans. See how looking at their additional lifestyle spending will make a difference for their retirement. CLICK THE LINK BELOW TO READ THE ARTICLE BY MARY TERESA BITTI: Ottawa couple…
Read MoreFinancial 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 MoreTop 15 Hacks for Your First Home Savings Account (FHSA) aka The “Renter’s RRSP”
There is a brand new type of account in Canada coming out in April 2023. It’s called Your First Home Savings Account (FHSA) aka The “Renter’s RRSP”. You may know about RRSPs & TFSAs, well this is the third one, and it’s worth knowing because for many people, this is going to be the best…
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…
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