Don’t let the news affect your retirement planning

Don’t let the news affect your retirement planning

The alarming headlines of 2017 might be tempting investors to take drastic action. But it’s smarter to take a deep breath and a longer view. For Canadian investors, 2017 has provided plenty of potential worries, with an erratic U.S. president given to Twitter eruptions being arguably the largest. The real danger for investors is that […]

Do you understand your NEW investment statement?

Do you understand your NEW investment statement?

Client Relationship Model, Phase 2 (CRM2) is an industry-wide regulatory initiative mandated by the Canadian Securities Administrators (CSA). What is CRM2? CRM2 is an industry-wide regulatory initiative that the Canadian Securities Administrators (CSA) have mandated under National Instrument 31-103. Starting in July 2014 and over the next two years, a number of changes will be […]

How to save for tomorrow when you’re not sure about today

How to save for tomorrow when you’re not sure about today

By Kim Armstrong – sunlife.ca Job insecurity doesn’t have to mean financial insecurity. These 5 tips will help you improve your financial health and plan for a brighter future. Sophia Erikson is a 26-year-old who, for the past 2 years, has had to live away from her family and friends, moving from one contract job […]

RRSPs turn 60: a birthday review

RRSPs turn 60: a birthday review

By Susan Yellin   In 2017, the venerable registered retirement savings plan (RRSP) turns 60. Like any 60-year-old, the RRSP has its strengths and weaknesses. Happy birthday, RRSPs. Introduced in 1957 (even before the Canada Pension Plan), registered retirement savings plans (RRSPs) were devised as and continue to be a way for Canadians who don’t […]

Money Facts 2017

Money Facts 2017

Manulife Solutions – Winter Edition 2016/2017

Manulife Solutions – Winter Edition 2016/2017

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Money Facts 2016

Money Facts 2016

A Penny Saved…

A Penny Saved…

DO YOU REMEMBER  THE EXCITEMENT of being a kid on allowance day? Whether dashing to the corner  store for treats or carefully saving that money for something special, those  were some of our first experiences with saving our money and planning our spending. Today we still look forward  to payday, but after paying  the bills, […]

What does the 2016 Federal budget mean for you?

What does the 2016 Federal budget mean for you?

The new Liberal government announced significant changes in their budget on March 22, 2016 that affect your personal finances.

Why name a beneficiary?

Why name a beneficiary?

By Dave Dineen, BrighterLife.ca It’s hard to argue with the old saying, “you can’t take it with you.” Since you can’t take your money with you at the end of your life, you might expect more Canadians would name a beneficiary — the person they want to leave their money behind to — for all their financial […]

What’s your financial literacy score?

What’s your financial literacy score?

It’s more important than ever to have the financial literacy skills needed to manage your money and investments wisely. To help Canadians find the resources they need, a coalition of seven non-profit organizations have joined together to organize this November’s Financial Literacy Month. What better time to take a quick quiz to test your knowledge […]

Should you put your money in an RRSP or a TFSA?

Should you put your money in an RRSP or a TFSA?

By Paul Russell, BrighterLife.ca When deciding whether to save in an RRSP or a TFSA, the choice is basically to pay the tax now, or pay it later. But there’s more to consider. Here’s something we’d all welcome — you unexpectedly receive a $1,000 work bonus and want to invest it for the future. You […]

Are seg funds right for you?

Are seg funds right for you?

By Brenda Spiering, Editor, BrighterLife.ca Looking for an investment option that can help you sleep at night? Segregated fund products can guarantee you’ll get back some or all of the money you invest. Segregated (seg) fund products, available exclusively through insurance companies, provide the growth potential of market-based investments with the benefits of an insurance […]

BMO ETF Portfolios – Understanding ETFs

BMO ETF Portfolios – Understanding ETFs

Enhance your retirement​

Enhance your retirement​

Source: Transamerica/Ivari Dare to dream Everyone has dreams of what their retirement years will be like. Will you be hiking in the Himalayas or sunning down south? Where will the money come from to fulfill these retirement dreams? Before we answer that question, let’s look at how much money you will need to fund your […]

Proven Strategies to improve your Finances

Proven Strategies to improve your Finances

Source: Manulife Financial

Five ways to benefit from new TFSA limits

Five ways to benefit from new TFSA limits

By Brenda Spiering, Editor, BrighterLife.ca The new federal budget tabled in the House of Commons on Tuesday increases the annual TFSA contribution limit from $5,500 to $10,000. That’s good news for Canadians. Whether you’re looking for a tax-sheltered way to save for a down payment on your first home or you’re getting close to retirement […]

The value of Advice

The value of Advice

Source: Manulife Financial

Where to stash your cash: RRSP or TFSA?

Where to stash your cash: RRSP or TFSA?

By Brenda Spiering, Editor, BrighterLife.ca Confused about the best savings option for your needs? You’re not alone. Ever since the federal government introduced the Tax-Free Savings Account (TFSA) in 2008, there’s been debate about whether a TFSA or a Registered Retirement Savings Account (RRSP) is the best place to stash your cash. Both provide tax […]

Five Financial products You Should Own

Five Financial products You Should Own

 By Brenda Spiering, Editor, BrighterLife.ca You don’t need to be born with a silver spoon in your mouth to build wealth. With the right products, you can grow and protect a healthy nest egg. Here are five key financial products that should be part of your plan: 1. Registered Retirement Savings Plan (RRSP) As soon […]