Posts Tagged ‘tax on investment income’
What Canadians Are Really Asking About Money Right Now
Today’s episode is a bit different from the usual format. I want to take some time to speak directly to you — to say thank you, to reflect on what you’ve been listening to most, and to ask for your input on what would be most helpful going forward. Recently, Unconventional Wisdom was listed near…
Read MoreNational Post article: Is $15,000 for cross-border tax help too much?
The National Post asked me to look at the retirement plan for Rita, 61, and Darcy, 60, a Quebec couple who spent half their careers in the U.S. and the other half in Canada. Most of their retirement money is still in U.S. employer plans, and they’ll both receive U.S. Social Security as well as…
Read MoreYour FREE passes: See my talks at the #1 online event – Canadian Financial Summit 2025
The online Canadian Financial Summit is coming up the week of October 22-25. It’s the #1 personal finance event of the year. As a reader of the Unconventional Wisdom blog, here are your FREE passes for a limited time. With these FREE passes, you can watch all the talks for 48 hours. You can also offer your friends and…
Read MoreRealizing You Somehow Became Wealthy
I often talk with people who realize—almost by surprise—that they’ve become wealthy. They never really thought of themselves as wealthy, but after years of saving and investing effectively, it hits them: I’m actually wealthy. And let me tell you—being wealthy feels different. In my latest YouTube video, podcast episode, and blog post I talk about:…
Read MoreWho Are the Wealthy and How Did They Get Rich?
As a financial planner, I’ve had a unique view into the full financial picture of thousands of Canadians and have read countless studies. My experience spans clients of varying financial backgrounds, as well as countless conversations with readers of my blog, friends, and acquaintances. Although our clients may not represent the entire population—they tend to…
Read MoreMoney123 Article: Mortgage vs. Retirement – What Should They Do?
A married couple are homeowners who currently save $1,000 a month after paying their bills. They are wondering if they should pay down their mortgage faster or invest their savings. 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.…
Read MoreYour FREE passes: See my talks at the #1 online event – Canadian Financial Summit 2024
The online Canadian Financial Summit is coming up the week of October 24-26. It’s the #1 personal finance event of the year. As a reader of the Unconventional Wisdom blog, here are your FREE passes for a limited time. With these FREE passes, you can watch all the talks for 48 hours. You can also…
Read MoreTax Brackets for Parents & Seniors Are Way Different Than You Think!
Tax brackets for parents and seniors are way different than you think. This might be a real eye opener for some people because I think a lot of people that do some basic tax planning are doing it all wrong. In my latest video and podcast episode I’m going to give you a tax planning…
Read MoreDividend Investing Perfected with Self-Made Dividends (Canadian Financial Summit 2023)
In the vast landscape of personal finance, dividend investing has carved out a significant niche. Whether you’re browsing through countless blogs or hearing investment advisors champion its benefits, it’s clear that dividend investing is a popular choice, especially with the FIRE (Financial Independence, Retire Early) community. However, a closer look reveals that almost all the…
Read MoreNational Post Article: Couple has a compelling reason for wanting to break with the retirement mould
The National Post asked me to review the finances of a couple who want to retire in their 50s. They’d like to spend three to four months a year in a warmer climate. They have a $1.6 million investment portfolio that generates about $52,000 a year in dividends, they have a combined annual income of…
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