retirement planning

How to Get Income Out of Your RRSP's

Posted on 11-13-2012

Roger and Linda, like many Canadians, have saved for years for their retirement. They took advantage of RRSPs and now have a substantial amount of savings.

Avoid the ‘Boomer-Widow’ Financial Syndrome

Posted on 10-09-2012

It is seldom planned or wished for, but it is a reality and something that requires discussion - the illness and/or death of a spouse or partner. As the so-called Baby Boomer generation ages, there is a marked increase in widows suddenly left with financial situations that they do not fully understand. There are others who are forced to financially self-educate while providing quality of care for a partner that previously, and perhaps solely, took care of that role.

Teaching Your Children Financial Independence

Posted on 09-11-2012

Now may be the perfect time to teach your children about financial independence. There are plenty of real-life examples in the media of how ‘not’ to manage your finances. To really teach children money management skills, they must learn to handle money personally and to make consequential decisions on how to manage it.