EN | FR

Insurance & Investments

Simple. Fast. Easy.®

PERSONAL FINANCE

Ten Retirement Myths Series: Myth #7

Investments, Personal Finance

You’ll have enough money to last through retirement as long as the average rate of return matches your plan

Some rules of thumb and long held assumptions may work well while you are saving for retirement. Holding on to them when you are spending those savings during retirement may become toxic to your financial health.

Read More

Ten Retirement Myths Series: Myth #6

Investments, Personal Finance

You need that initial level of retirement income, indexed for the rest of your life.

I’m sure you can come up with a list of things that don’t fit the “set it and forget it” philosophy. Set the cruise control and forget it. Set the room temperature and forget it. Invest in a certain investment that has a particular risk associated with it and forget it. You need to make adjustments as the situation changes, as your needs and priorities change. Retirement income planning works like that.

Read More

Ten Retirement Myths Series: Myth #5

Investments, Personal Finance

How much income will you need during retirement? The myths and misunderstandings continue, despite growing evidence and research that debunk them.

Read More

Infographic: New Family Tax Credits

Investments, Personal Finance

If you have kids under 18, you'll probably be impacted by some of the tax changes announced by the federal government.

Read More

Ten Retirement Myths Series: Myth #4

Investments, Personal Finance

The myth of never touching your capital starts when people are working and saving for retirement. Some become conscientious savers, never touching their nest egg. That mentality spills over into retirement. Changing habits can be hard.

Read More

Ten Retirement Myths Series: Myth #3

Investments, Personal Finance

How much is enough?  Books have been written on the subject of retirement and what you need to save. Myths abound on this question. Here’s one to consider.

Read More

Ten Retirement Myths Series: Myth #2

Investments, Personal Finance

Myth 2: I’ll never be able to save enough for retirement.

Read More

Ten Retirement Myths

Investments, Personal Finance

We are experiencing a silver Tsunami. The leading edge of the Boomers turned 65 four years ago. On average, 1,250 Canadians turn age 65 every single day. It’s part of a 20-year trend. But, most of the Boomers weren’t born in 1946-47. Most were born between 1961 -1965. That’s why you feel everyone has been turning 50. And people are living longer, much longer.

Read More

Ontario eliminating graduated income tax for testamentary trusts and estates

Investments, Personal Finance

The Ontario Budget, 2015 was released on April 23, 2015. The province intends to change its tax treatment of testamentary trusts to mirror that of the Federal Government. Federal changes announced in 2014 will eliminate the graduated income tax rates for most trusts as of 2016. Ontario's proposals are scheduled to take effect beginning in 2016 as well.

Read More

Ontario to raise donation tax credits

Investments, Personal Finance

The Ontario Budget 2015 released on April 23, 2015, proposes to raise the provincial tax credit for charitable donations over $200 to 17.41% for top rate trusts. This move will make the maximum benefit of the donation tax credit the same as it is for Ontarions who pay the Ontario surtax. The proposal, if passed, would be effective the beginning of 2016.

Read More

SHARE