Key Points for Wills and Powers of Attorney’s
After COVID-19 families realized they should focus on planning the family’s future. One of the most difficult challenges a Certified Financial Planner® has is to encourage clients to update and/or review their estate plan and documents. Often families tend to put this off, as it is not seen as urgent. However, the trauma of COVID-19 […]
Smart Tax Strategies for Retirees: Tax Efficient Income Withdrawals
One of the most important decisions a retiree must make is how to create an income and cash-flow strategy from the financial assets they have accumulated over their lifetime.
Your Monthly Game Plan Strategy
A Simple Financial Checklist We’re here to help you stay on track with your goals. Each month, we’ll send a short checklist you can use to stay proactive. A few minutes now can make a big difference later. Wrap-Up 2025: Year-End Financial Checklist As we close out 2025, it’s a great time to pause and […]
Smart Tax Strategies for Retirees: Avoid the OAS Recovery Tax
Old Age Security (OAS) is an income benefit that is paid to Canadians once they reach the age of 65. If your individual income is over $79,845 for 2021, you will have to start to pay back your OAS at a rate of 15% for each dollar over $79,845. This tax recovery is often […]
Smart Tax Strategies for Retirees I Keep Track of Health & Medical Expenses
A smart tax strategy during retirement is to keep track of your medical expenses and take advantage of any credits that may be available.
Smart Tax Strategies for Retirees: Income Splitting
Income tax is one of the largest expenses any retiree has. A smart tax strategy to reduce a family’s overall tax burden is to split the income. This means to shift income from a spouse or common law partner (CLP) who is in a higher tax bracket to one who is in a lower tax bracket.
“Spend the Money”: A Gentle Reminder That Life Is Happening Now
Intro: If you’ve ever felt guilty about spending your own money—even after a lifetime of saving – it turns out, you’re not alone. In a recent chat with Carl Richards, creator of The Sketch Guy and author of the new book Your Money: Reimaging Wealth in 101 Simple Sketches, we talked through one of his […]
“Why Being ‘Less Wrong’ Might Be the Best Plan”
Ever feel like your financial plan has to be perfect? It doesn’t. In fact, trying to make it perfect can actually hold you back. I recently had the chance to speak with Carl Richards, author of the new book Your “Money: Reimaging Wealth in 101 Simple Sketches” — and one idea from our conversation really […]
The Story of Chandler and Monica Retiring with Confidence
How Chandler & Monica Went From “Do We Have Enough?” to Retiring with Confidence Chandler (70) and Monica (73) were in a solid financial position on paper: They had saved diligently and avoided debt for decades. But as Chandler’s April 30, 2025 retirement date approached, they started to worry: They knew they wanted to accomplish […]
Three of Our Best Insights for September
Monthly One – Two – Three Newsletter RESOURCE: What is Your Bear Market Plan in Retirement? Unfortunately, market declines and recessions will happen regularly, so your financial and retirement plans must consider them when developing your retirement income and spending strategy. You Could Have 6 Bear Markets Over Your Retirement. Since 1956, the Canadian […]