Sometimes we think that our advice as advisors caters to all in the same fashion. In fact, we can lose sight of specific factors and elements that may apply more directly to specific client groups. I’m not just speaking about […]
There’s been a lot of buzz around Registered Retirement Income Funds (RRIF) rules lately which led me to start the discussion about RRIF withdrawals. People in the financial services industry are starting to tout that the current RRIF withdrawal rules […]
With the price swing and increase is rental rates in the real estate market, the plan to right size at retirement has become a little more challenging. The traditional concept of buying a smaller property isn’t necessarily the best course […]
While preparing a draft financial life plan for a new client recently, we were reviewing the client’s existing planning and came across a fairly standard issue that should be addressed in their plans: the efficient withdrawal of income during retirement. […]
I lost a parent a month ago. He was at his prime in retirement. Fate interceded and he passed quickly in his eighty first year. Just like that he was gone. But while in retirement, he really enjoyed his lifestyle. […]
Its been interesting to observe the number of people who are choosing to retire early as we work our way out of the pandemic as opposed to returning to work. I think Covid has caused everyone to reflect on their […]
Face it, we have entered a new world where we will find a new form of normalcy. Forget what you’ve heard in past. Here are the new rules for post-pandemic retirement. As the Coronavirus Pandemic (Pandemic) upends the economy, there’s […]
What does retirement mean to you? When is the right time to retire? What should you expect in retirement? Common questions certainly, but no clear answer. The questions will vary by people as will the answer. We have learned that […]
Recently, we’ve had discussions with clients heading south to sanity in this wicked weather environment. Come winter, many “snowbirds” head south. If you plan to escape Canada for the winter, be certain your financial life is in order before you […]