Lower RRIF Withdrawal Minimums—More Flexibility for Seniors Comments
0

The annual federal budget revealed in April 2015 brought along changes that have a profound impact on the financial industry. Along with the decision to raise the contribution limits of TFSAs, it was also announced that the government has proposed …
Continue reading

Four Mistakes to Avoid When Creating a Retirement Income Plan Comments
0

Today, I want to talk about the four common mistakes that retirees should avoid making when creating a retirement income plan. These are: Not factoring in inflation Not factoring in income taxes Poor structure of investment management fees Believing in …
Continue reading

The Richest Person In The Nursing Home Comments
0

Featured in the July 2014 Newsletter of HAHN Investment Stewards. Republished with permission. By: Scott E. Plaskett, CFP Senior Financial Planner & CEO, IRONSHIELD Financial Planning, www.ironshield.ca Is your financial planning putting you on track to be the richest person …
Continue reading

9 Things You Need To Know Before You Can Retire Comfortably Comments
0

For many people, long gone are the days when you can retire from your job with the pension that your employer provides. Today it is important to have your own plan. It is all about taking control of your financial …
Continue reading

Three Pillars To Successful RRIF Investing Comments
0

When building an investment portfolio for retirees, there are three criteria that when met, will provide you with the highest probability of success. Now, most articles being written today about investing for income are all focusing on the income distributions, …
Continue reading

5 RRIF Strategies For Retirees Comments
0

Like many Canadians approaching retirement, you probably have an RRSP that you have been contributing to and managing for years.  However, that magical date where you turn 71 and have to convert your RRSP to a RRIF is quickly approaching. …
Continue reading

The Key To A Successful Canadian Retirement Comments
0

I have recognized that there is one single problem facing Canadians today (really, it’s not just Canadians but for this post, I’ll only discuss issues that relate to Canadians) and this problem, is erratic, irrational and unpredictable. Government decisions to …
Continue reading