Financial Planning: Balancing Post-Secondary Education and Retirement Savings

Financial Planning: Balancing Post-Secondary Education and Retirement Savings

It can be difficult to get a proper investment plan in place to help you save for some of your financial goals like your child’s post-secondary education or your retirement funds. But with some careful planning and a well-designed strategy, you can get your savings right on track. Let us show you how you can […]

Helping Your Teen Navigate Student Loans

Helping Your Teen Navigate Student Loans

Choosing the appropriate student loan structure can be a complex and difficult decision. Yet not as difficult as fully understanding what the loan entails or the full responsibilities associated with paying the loan back. With the costs of your child’s secondary education being one of the biggest investments you’ll potentially make in a lifetime, it’s […]

What is Your RESP Withdrawal Strategy?

What is Your RESP Withdrawal Strategy?

As an entrepreneur, you are accustomed to saving money for various expenses, including your children’s post-secondary education. After years of wise investing through your children’s Registered Education Savings Plan (RESP), the time has come to contemplate a withdrawal. This may come as a bitter-sweet moment as you are proud to watch your children grow and […]

Helping Your Teens Develop Good Money Habits

Helping Your Teens Develop Good Money Habits

It seems like it happens in the blink of an eye. One minute you’re cradling your newborn, the next you’re dealing with an ornery teenager. Life changes significantly as your children age, and you have to consider more than coping with mood swings. These money tips from your financial advisor at The Beacon Group of […]

How to Cope With the Sandwich Generation Squeeze

How to Cope With the Sandwich Generation Squeeze

  Picture a sandwich. The top slice of bread is the responsibility of taking care of your elderly parents. The bottom slice is your young adult children who have boomeranged back home or are involved in post-secondary education. You are the meat stuck in the middle, trying to take care of both while working towards […]

Meeting Your Education Savings Goals

Meeting Your Education Savings Goals

You may find that your child’s dreams and aspirations change like the wind. One day your bright teenager will tell you they want to be a lawyer instead of an engineer. Your oldest may decide to go to medical school after graduating from university. As a responsible parent, you’d like to be able to make […]

*The opinions expressed are those of the author and not necessarily those of Assante Financial Management Ltd.