The 32 Blog Posts from 2022
Below I have sorted the thirty-two blog posts I wrote last year by topic of interest to make the content easier to find. Some of the articles are good, some are ok, and some are… Feel free to forward them to any family or friends who may find them of value. If you have any […]
How Do You Develop a Diversified Portfolio?
A common question people have when we initially meet is, “How do you develop an investment portfolio?” Many people have a basic understanding of the difference between income and equities but are unsure of how to put it all together. When approaching retirement or in retirement, there are six key factors to developing a globally […]
What are Segregated Funds?
Many people are familiar with mutual funds as an investment but are not as familiar with segregated funds. Segregated funds are investment funds (like mutual funds) that life insurance companies offer. How are they similar to mutual funds? The key features that are different from mutual funds: Unique Uses for Segregated Funds If you invest […]
What To Do with Cash Now
The Bank of Canada has raised its policy rate over 2022, and it is currently 3.75%. Prior to the interest rate increases this year, there were not many options for your cash reserves. With inflation running at 6.9 % today, you need to earn as much interest as you can on your cash. KEY TAKEAWAYS: […]
2022 Year-End Planning Checklist
The end of the year is a great time to take a quick review of your personal finances to determine if you have any action items prior to December 31. To help this process below is a checklist that covers events, milestones, taxes, insurance, and retirement plans – areas that often need attention prior to […]
4 Things Retirees Should Know About the 4% Rule
When people are looking to make the transition to retirement, they want to know how much they can spend each year without running out of money. The amount of capital you can safely withdraw from your portfolio each year without running out of money has been called the “Safe Withdrawal Rate.” There is something called the […]
Chapter 2: THE DOUBLE O’s – What You OWN and What You OWE
Chapter 2: THE DOUBLE O’s – What You OWN and What You OWE Even though the first meeting was set for our cottage, I was surprised when Aunt Lorraine and Mark showed up so early on Saturday morning. It seems Mark’s boys had come up for the weekend with their girlfriends, and the atmosphere was […]
What to do during a Market Downturn or Recession
With the market decline this year and a potential recession, people want to know what they should do with their investments and financial plans. You can take the following suggestions and actions to help navigate a market downturn. Key Suggestions Avoid doing anything drastic With a market decline, it can be tempting to get out […]
Your Retirement Road Map: How to Make the Transition to Retirement
White Paper INTRODUCTION Likely you have worked most or all your adult life, often for over 30 years. At some point you will be looking to make the transition to retirement, or perhaps have the ability to make work optional. Typically, when you first started to work, your largest financial asset was your ability to […]
Six Unique Risks to Retirement Income Planning
As part of the retirement income planning puzzle, there are several unique risks or challenges that you must account for in your planning for retirement that are different from the risks when simply saving for retirement. Unknown Time Frame – Longevity Risk: No one knows how long they will need their income to last, but […]