To minimize OAS clawback, you need to reduce net income. During retirement, an effective strategy is splitting pension income. But several strategies, including the following, can be initiated before retirement arrives.
Read more…Welcome to the world of cryptocurrency, where millions have been made and fortunes lost. Here’s what you need to know.
Read more…“And to my beloved daughter, I give the leather-bound album of cherished family photographs.” Sure, that sounds right for the old days. Today the pics might be on your laptop. We’ve got all sorts of valuable items stored electronically, and it’s time we started treating them accordingly. What is digital property? Digital property is [...] Read more…
In Canada, about four in ten first marriages end in divorce.1 Breaking up is never easy, but you can ease a lot of the stress by staying on top of the financial side. Here are some tips to help you steer through the process. Initial steps Essential first steps typically involve the following. [...] Read more…
As parents get older, they may need assistance with things like yard work, home maintenance, and so on. Often, they’d benefit from a helping hand with financial matters, too. By taking action now, you may prevent problems from arising down the road. Here are five proactive ways to help. 1. Make sure their wills [...] Read more…
An empty nest won’t necessarily remain empty. According to Statistics Canada, 42% of young adults aged 20 to 29 live with their parents. Even at ages 25 to 29, 25% are back home.¹ A child can move home for any number of reasons — a low-paying job, unemployment, an ended relationship. Or a child might [...] Read more…
Seniors beware: How to avoid fraud. Read more…
From employment issues to out-of-reach home ownership, Generation Y – those born between 1980 and 2000 – face a number of financial obstacles that previous generations did not. Here are some options parents can explore with millennials to help them overcome these challenges. Read more…
As your life evolves, managing financial priorities can get increasingly complicated. Should you pay down your mortgage or contribute to your RRSP? Or maybe your TFSA? And what about the RESP for the kids’ education? Find out how we can help. Read more…
The “traditional” family is no more. These days, we’re just as likely to see single parent with kids as couples without — not to mention blended families. That’s why we always start by looking at your situation. Read more…