…deposit a lump sum of money In your pre-retirement years, say at age 55, you transfer money to the insurance company, either from your non-registered or registered plan savings, to…
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Locked-in retirement account (LIRA)
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Segregated funds explained
…guarantee. And you pay an additional fee for this insurance protection. On this page you’ll find 3 advantages of segregated funds 3 disadvantages of segregated funds Retail versus group retirement…
Preparing for financial emergencies
…give you peace of mind that you can handle life’s unexpected events without taking on debt or adding to your debt, or dipping into any other savings including your retirement…
Managing money in a second relationship
…save for retirement. Spousal RRSPs offer potential tax advantages in retirement if your income differ significantly Crunch the Numbers – Resolve outstanding and potential money issues with your new spouse…
6 money management tips for the sandwich generation
…their home as a way of funding retirement. Yet, the sale of a home and downsizing to a condo or apartment may preserve independence and avoid the need to move…
Worksheets
Try our downloadable tools to help you plan and budget. Personal information inventory (PDF) Monthly budget worksheet (PDF) Financial goals worksheet Gift budget worksheet Retirement budget worksheet (PDF) Retirement cash…
Small business & taxes
…versus an incorporated business Registered Retirement Savings Plan (RRSP) Ontario small business deduction Capital cost allowance Non-capital losses Manufacturing and processing tax credit Personal versus business taxes Business taxes are…
Small business & taxes
…versus an incorporated business Registered Retirement Savings Plan (RRSP) Ontario small business deduction Capital cost allowance Non-capital losses Manufacturing and processing tax credit Personal versus business taxes Business taxes are…
Living for today at the expense of tomorrow
…than invest in a diversified portfolio. Pursuing the promise of immediate returns can result in people losing a lot of money. Retirement savings – The decision to save money runs…
How to manage money as a couple
…Plan – RESP) Planning for retirement (perhaps with an Registered Retirement Savings Plan – RRSP) Try our Love and Money Quiz to help you start talking about money as a…