What are you going to do? One of the big questions prior to retirement (and will impact your finances) is how do you plan to spend your time. I’ve noticed…
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Last month we had a few down days in the stock markets. We had 3 down days in a row at the end of May 12th and then 3 more…
A few weeks before my dad passed away, a friend’s mom also died so we are going through a lot of the same experiences at the same time. One thing…
Should you file a tax return for a minor? We have been filing tax returns for Rachel and Leah since they started working (Rachel worked at McDonald’s and both worked…
Economic growth, inflation, earnings — defining the 2021 markets Did we just get a year’s worth of market movement in a quarter? If you think (insert any of the *below…
2021 Federal Budget April 19, 2021, Finance Minister Chrystia Freeland has released the 2021 federal budget which will amount to $354 billion. Increasing Old Age Security for Canadians 75 and…
Stock Market Update A year ago this week was one of the days when markets declined 12 to 13% in one day. The declines over a 5 week period in…
6 Lessons learned from settling my dad’s estate As we go through the process, I’ve been learning a few things along the way: Joint accounts are great. Mom and Dad…
Still Working? Maximum RRSP contribution: The maximum contribution for 2021 is $27,830; for 2020, it was $27,230. TFSA limit: In 2021, the annual limit is $6,000, for a total of…
Naming Your Beneficiary Question. With my RRSP, I don’t really know who to indicate as the beneficiary of the plan. Is it important to list one? Answer. Very! It’s a great idea…