Financial Planning for the New Year

Financial Planning for the New Year

Most people don’t really commit to their financial resolutions each New Year. Sometimes the goals are just too ambitious, and other times it’s simply because they weren’t held accountable to stick with them. Nevertheless, you’ll get another crack at it this year, and with these following tips you can get back on track with your […]

Bridging the Retirement Income Gap with an Annuity

Bridging the Retirement Income Gap with an Annuity

As the reality sets in that you’re edging closer towards retirement, finances can become a concern. How will you guarantee consistent retirement income and be able to maintain your established living standards? When in doubt, consider an annuity as a means of avoiding outliving your money and bridging the retirement income gap. “Mortality Credits” and […]

Understanding Pension Splitting

Understanding Pension Splitting

Since its inception in 2007, pension splitting has enabled taxpayers in a common-law relationship or marriage to split eligible pension income with a spouse, provided they meet all requirements. A useful way of saving on taxes and mitigating credit erosion, pension splitting allows for couples to work together to create a more sound and secure […]

Adjusting to Retirement

Adjusting to Retirement

Preparing for your retirement takes years of planning and wise investing. It seems as if retirement has been the resounding theme of your financial planning life and when the time comes to put your plan into motion, there can be mixed feelings about it. Not everyone is counting down the days until they retire. Some […]

How to Kickstart Your Retirement Savings Goal

How to Kickstart Your Retirement Savings Goal

Planning for your retirement comes with its fair share of concerns. With people living longer and longer, how much do you need to save so you don’t run out of money? Will the volatile markets work in your favour and help you grow your savings? How can you contribute to your retirement savings to offset […]

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