Here are some important strategies that will help you achieve financial independence. As the graph indicates, it is important to get solid advice which can design a plan which incorporates Planning Values such as those noted. Separate your savings from your …
Before you start searching for a home, you need to think about your needs both now and in the future. Here are some things to consider.
The Canada Pension Plan (CPP) provides contributors and their families with partial replacement of earnings in the case of retirement, disability or death. Almost all individuals who work in Canada outside Quebec contribute to the CPP. Calculating your CPP while …
A spousal RRSP account in your name belongs to you. By contributing to your account, a tax deduction can be claimed by the contributor minimising income tax payable currently.
Facts about an RESP A Registered Education Savings Plan (RESP) is a savings plan registered with the government that can help you save for your child’s post-secondary education. Money invested in an RESP grows tax-deferred. The government helps contribute to …
It is important to plan ahead regarding your mortgage. A mortgage specialist can help you review your needs looking at developing your most advantageous financial strategies.
In Canada, the government allows a welcome tax break when you save for your child's education. As parents, we need to consider the effect that education will have on the future income and lifestyle of our children.
Just as the stock market is cyclic, so is the housing market. When buying or selling a home, try to ascertain what kind of market you will enter.
Every year we publish legislative and current updates to the Registered Retirement Savings Plan (RRSP) and Pooled Registered Pension Plan (PRPP) and Specified Pension Plan (SPP).
New rules take effect January 1, 2018: Check how this might affect your mortgage loan if you've applied before January 1, 2018. Talk to me to find out about these new rules and your own mortgage situation.
The widow population over the age of 65 is one of the fastest growing demographics facing poverty! Senior widows outnumber widowers four to one and represent about 45% of all women aged 65 and over.
Many people cannot stand the risk of not knowing if their mortgage rate is going to climb higher due to rising interest rates.