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…
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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…
Looking Ahead for Investments 2020 has been a very challenging and extraordinary year. As of Nov 25, there have been over 60 million people infected with the Coronavirus and over…
Elections and the Stock Market If you watch the news or follow social media at all, there is a ton of focus on the US election. Only 1 week to…
Does Your Credit Score Matter in Retirement? When you’re a young adult, everyone, from banks to money bloggers, will talk about how important it is to have a strong credit…
Imagine yourself at the beginning of the year, knowing an uncurable, easily transmitted and deadly virus will emerge that will shut down business, travel, even sporting events. Your daily routines…
If you have a will, congratulations. Based on my experience about 50% of people do have wills. The typical time people set up a will is once they have children. …
Did you know that you can start your CPP as early as age 60? Well, you can also delay CPP and OAS to start as late as age 70. The…
The Great Reopening 2020 has been a strange year in so many ways. We are experiencing things in our lives that we never lived through before. On the financial side,…
Back in the ‘old days’ people used to work until 65, retire and then die at 70 so they didn’t really need or have a lot of resources to fund…
