Robyn Thompson is regularly featured in The Toronto Star’s “Money Makeover” series by Deanne Gage. Money Makeover takes a look at how Mike and Constance can juggle their dreams for a home, a family and the...
Provincial regulations vary across Canada When you leave an employer, any pension money in a registered plan will be transferred to a Locked-In Retirement Account (LIRA), or Locked-In Retirement Savings Plan (LRSP). Those funds are “locked in” and not available for...
Regaining financial independence is as easy as 1-2-3 Although it may not feel like it while it’s happening, you can achieve financial empowerment after a divorce. But you will need to take charge of your personal finances, even if you haven’t been accustomed to...
Critical illness and disability insurance essential for businesspeople After you’ve worked so hard to build a successful business, the thought of losing it to disability or illness is something every entrepreneur needs to think about long and hard. There are two...
Yes, you can object to a CRA reassessment If you have received a Notice of Reassessment for your 2014 return from the Canada Revenue Agency demanding more tax or asking you to start quarterly instalment payments, you may have double trouble with the CRA. Here’s...
How cottage improvements can save you a bundle in taxes Thinking of selling your cottage? If your cottage or recreational property is not your principal residence – and for most people, it’s not – when you sell it, you’ll pay capital gains tax on any appreciation...
A mortgage rate hike could put you in a cash crunch If you currently have a fairly large variable-rate mortgage on your home, it’s probably set at a very low rate, which makes your monthly payments affordable. But with interest rates apparently ready to rise, is...
Robyn Thompson is regularly featured in The Toronto Star’s “Money Makeover” series by Deanne Gage. Money Makeover takes a look at Brian who is in his mid-50s and has lost his job. He has a lot of assets and wonders if he can...
Robyn Thompson is featured in the Globe and Mail, in an Investment article by Joel Schlesinger. In this article, Robyn recommends a strong strategy in order to effectively draw income from retirement...
How to make your nestegg last through retirement How much should I withdraw every year from my investment portfolio so it will last through my retirement? This is a problem all Baby Boomers are wrestling with. Many high net-worth investors wish to maintain a...
Making the most of the sweet spot in your financial life Graduation from college or university is an exciting time. But it can also be unsettling. If you have student loans, you’ll need to start paying those off. You can’t pay them off by, say, “travelling” for a...
An insurance strategy to guarantee your retirement nestegg If you’re a member of the “sandwich generation,” your story is typical of many people in your demographic. You find yourselves taking care of both your own family (one or more kids off to university) and...