5 Estate Planning Strategies Your Executor Will Thank You For
Take a good look around you – your home, your assets, your belongings. As much as we don’t like to think about it, we’re not going to live forever. At some point in the...
Category: The Money Puzzle
Don’t Waste Your Money on These 10 Things
Stop wasting your money! Sometimes we spend money on certain things without even thinking about it. When you’re on a fixed budget every dollar has to count. Instead of wasting your money on unnecessary...
5 Things Often Overlooked in Your Retirement Budget
When preparing your retirement budget, it’s sometimes hard to anticipate every expense. One of the biggest mistakes newly retired people make is underestimating how much they will spend to achieve a comfortable lifestyle. When...
Inflation Keeps Marching On and On
Lately when I exclaimed over the price of celery – $2.89 for four stalks for goodness sakes – my husband “reminded” me that it’s not 1989 anymore. Do you remember 1989? That was the...
Canadians are Still Loyal to Their Primary Bank
Banks are big business in Canada. Take a look at the companies on the TSX and you’ll find four of the Big Five are in the top seven for market capitalization (over US$330 billion). ...
How to Transition From Being a Prudent Saver to a Prudent Spender Once you Retire
Have you been a lifelong saver? You’ve spent your entire career preparing for the time you’ll stop working and now everything changes. One of the biggest transitions in life is to go from being...
Living Large in the Cheap Seats
Culture is wonderful, but it can be expensive. When you’re on a budget it may seem frivolous to spend several hundred dollars for tickets to a symphony, concert or hockey game. But there are...
Choose Your Beneficiaries Wisely
Have you chosen your beneficiaries wisely? You’ve been saving diligently all your life. Make sure the tax department isn’t the main beneficiary of your estate. It is your choice where your money goes when...
Boost Retirement Income With Dividends
Retirees prefer a predictable stream of income from their investment portfolios. Investing in high quality, dividend-paying companies can provide that income, often with regular increases. The promise of regular cash along with capital appreciation...
Determining a Safe Withdrawal Rate in Retirement
At one time, Canadian retirees used their savings to fund particular expenses such as a new car, home renovations or a special trip. Regular monthly expenses were paid from government and private pensions. Some...
