Meet Emma and Roy, a couple from Winnipeg eagerly counting down the days to their retirement, just five years away. Aware of the importance of careful financial planning, they decide to engage an advice-only financial planner to support their transition into their “golden years.” Step 1:...
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The Dilemma: What Should She Do with Her Money? Marie, 67 years old, was widowed three years ago after forty years of marriage. Together, she and her husband Robert had raised their family of three children and created thousands of memories together in the house that...
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Banking You may be aware that some political parties and union advocates have argued that, to develop Canada Post’s viability, financial services should be offered at post office branches. I am not sure how common that is in other countries, but Japan’s post offices have long...
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Meet Mike and Jenn, a married couple residing in London, Ontario. At 41 years of age, they've been married for 12 years, sharing the ups and downs of life as a loving family. With two children, 10-year-old Liam and 8-year-old Emma, their journey through life...
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Being Cautious With Your Money For years your friends have been telling you to invest in the stock market. You resisted, insisting that High-Interest Savings Accounts (HISAs) and Guaranteed Investment Certificates (GICs) were all you needed. Besides, you already had some money in the stock market...
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“This whole notion of marriage is out of date.” Maybe. Or maybe this whole notion of marrying for love is out of date. Let’s bring back arranged marriages. Do you think that is farfetched? Although in decline, the practice of arranging meetings between prospective spouses,...
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Can You Be an Anti-Capitalist Investor? Investing, as we conventionally understand the word, is a deeply capitalist enterprise. So, if you find capitalism to be a deeply flawed economic and social system, is there a way to save, invest, and build wealth in a manner that...
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As an advice-only financial planner, a blog post about why people hire advisors to help with their finances may seem self-serving. Indeed, one of the reasons I write blog posts is to give readers some insight into the mindset and analyses that can help them...
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An Honour? Many people may regard being named an executor as an honour. There is a sense that your appointment in the will means that you are trustworthy and competent to complete the task. However, while someone named to the role of executor should indeed be trustworthy...
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Take CPP at 60; Take OAS at 65 Deciding when to begin Canada Pension Plan (CPP) or Old Age Security (OAS) may not be a problem for many Canadians. The default choice is to take it as early as possible. Low-Income Earners Indeed, for some taking CPP at...
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