Retirement
Heard the one about the daily latte bankrupting a generation? It’s a popular tale: skip your $5 coffee, squirrel away the savings, and voilà – you’re a millionaire by retirement! It’s a neat, guilt-inducing soundbite that’s been percolating in financial columns for years. And while mindfulness about spending is never a bad idea, fixating on…
Read More
Learn how to strategically convert your RRSP to a RRIF to maximize your retirement income. Discover expert tips and advice to plan for a secure financial future.
Read More
The 2024 Federal Budget has introduced an increase in the capital gains inclusion rate from 50% to 66.67%. This change can have a significant impact on the taxation of your corporate investment gains and the disposition of shares in your business. Capital gains subject to tax Before June 25, 2024 On or After June…
Read More
Credit: iA Financial Group Signs of a potential recession are increasingly circulating in the public space. Here are some insights to help you understand this economic phenomenon. Are we heading into a recession? Although it has not been confirmed, many indicators and various experts in the field are predicting a recession over the short or…
Read More
credit: iA Fiancial Group Here’s a few answers to questions you may have about the effects of rising interest rates on your personal finances. Why are interest rates rising? When inflation rises rapidly, it creates a cascade of price increases, the main effect of which is that the value of your money decreases, and so…
Read More
If market volatility has caused you to transfer your money into GICs or cash, you may want to ask yourself if you are still on track to meeting your personal goals. Whether it’s saving for retirement, a home, or a child’s education, keeping money in a lower-earning investment option may not give you the growth…
Read More
Sometimes the hardest decision is taking no action at all While equity markets have risen strongly over time, they’ve encountered occasional declines along the way. Volatility may cause a bumpy ride … but isn’t that true of most things in life? Market timing typically fails. The worst-performing days are often followed closely by the best…
Read More
When markets fall, the next peak usually isn’t far away Bear markets can be brutal… But bull markets have a history of charging back. S&P/TSX Composite Index: Bull and Bear Market Returns,1977-20221 “The TSX grew 96.71% since the COVID bottom in 2020 to the most recent peak on 3/29/2022. The index then fell 17.02% to…
Read More
Posted by Peter Wouters Sep 20, 2022 5:00:37 PM Directeur, Planification fiscale et successorale et planification de la retraite, Gestion de patrimoinePlacements Empire Vie
Read More
4 estate planning tips 1. Make a will 2. Appoint an executor 3. Think about the fiscal impacts 4. Discuss it Nobody likes to think about death or the burden it often represents for those we leave behind.Yet, it is important to be ready. Don’t postpone this important task―the decisions you have to make won’t…
Read More