Preserving Wealth: Chapter Three, Retirement Income and Cash Flow Planning
Authored by Jack Lumsden, MBA, CFP®, Financial Advisor, Assante Financial Management Ltd. For your FREE Copy of Preserving Wealth, CLICK HERE Uncle Wayne discusses retirement income and cash flow planning as critical aspects of financial planning, particularly as individuals transition from working to retirement. He delves into the intricacies of planning, managing investments, and mitigating […]
Essential Insights from the Double O’s: Chapter Two
Authored by Jack Lumsden, MBA, CFP®, Financial Advisor, Assante Financial Management Ltd. For your FREE Copy of Preserving Wealth, CLICK HERE Chapter 2 delves into the importance of assessing one’s financial standing through the “Double-O Lists” – what you Own and what you Owe. Set in a familial setting, Uncle Wayne imparts invaluable wisdom, stressing […]
Key 2023 Financial Planning Facts and Figures
RRSPs Spousal RRSP Rules TFSAs Old Age Security (OAS) OAS Claw Back (recovery tax) 2023 Canada Pension Plan (CPP) Payments Registered Education (RESP) Limits Probate Fees in Ontario Ontario Withholding Tax for RRSP and RRIF withdrawals: 2023 Canadian Controlled Private Corporation (CCPC) Tax Rates for Ontario Important Dates: Source of Information: Download our White […]
Do you need Disability Insurance?
Do you need Disability Insurance? While reviewing the financial documents during a meeting with a couple in their forties who wished to create a retirement plan, I didn’t see any disability insurance for one of the spouses. He had a group disability policy with work, but she was self-employed and didn’t have one. She mentioned […]
Who should you name as Executor?
Excerpts from the Book – Preserving Wealth – written by Jack Lumsden, MBA, CFP® A common question I received as an advisor is whom should we name as executor in our Wills? The true answer is that it depends on your situation. It usually ends up based on how complicated your estate may be, the […]
