Living in Retirement Graham Westmacott RRSPs, RRIFs, death and taxes. PWL Capital 2019-08-28T11:21:00 August 28, 2019 Does accelerating withdrawals from registered retirement plans reduce taxes? Prompted by the recent death of a friend, a client asked what they could to avoid a large tax bill from their registered savings when they died.
Living in Retirement Susan Daley Old Age Security (OAS) Explained 2019-08-9T10:00:20 August 9, 2019 Old Age Security, commonly referred to as OAS, provided a base level of retirement income to over 6 million Canadians in January 2019. I outline how OAS works and how to determine the amount you will be eligible for.
Living in Retirement Graham Westmacott Target wealth: A new approach to the retirement challenge 2019-07-24T10:00:01 July 24, 2019 A better way to convert savings into retirement income. The defined benefit pension plan, a traditional mainstay of retirement planning, is on its way to extinction.
Living in Retirement Nancy Graham How Does a “Monte Carlo Simulation” Work? 2019-07-12T10:30:00 July 12, 2019 As soon as I’m put in charge of simplifying all our financial jargon, one of the first ones I’d like to take on is Monte Carlo Simulation. Or it’s sometimes called Monte Carlo Analysis.
Living in Retirement Nancy Graham Will I Spend Less When I Retire? 2019-06-26T14:50:56 June 26, 2019 So … you’re thinking about retiring. Someday, anyway. To prepare, you’ve been saving to your Registered Retirement Savings Plan (RRSP) and your Tax-Free Savings Account (TFSA). Maybe you’ve got a pension at work, and have been calculating what to expect from the government.
Living in Retirement Graham Westmacott A better way to fund your retirement: ARVA explained 2019-06-17T09:53:29 June 17, 2019 The usual rule of thumb that people use to plan how to fund their retirement is to withdraw 4% a year from their pool of savings.
Living in Retirement Kristine van der Pas-Norenius Retirement: Where Will You Live? 2019-06-15T13:00:47 June 15, 2019 The choices seem endless. Downsize to a condo, move to warmer climes, split your time in two or more places, be a ski bum, or beach bunny, or live in an RV and hit the road? It’s a big decision, and potentially expensive if its the wrong one. How do you choose?
Living in Retirement Graham Westmacott Getting More Without Saving More 2019-05-27T09:34:51 May 27, 2019 Retirees have opportunities to influence both the amount that can be sustainably withdrawn from their investments and the timing of those withdrawals.
Personal Wealth Nancy Graham The Elephant in the RRSP Planning Room 2019-05-13T10:24:38 May 13, 2019 What’s that? You’d love to retire in style someday? Fortunately, most working Canadians can use the Registered Retirement Savings Plan – or RRSP – to pile up tax-deferred dollars for whatever their retirement-planning hearts may desire.
Living in Retirement Nancy Graham Avoiding an OAS Clawback 2019-04-29T14:24:48 April 29, 2019 If you ask me, the Old Age Security (OAS) clawback should usually be accompanied by ominous music – like the kind alerting movie-goers that the “Jaws” shark is about to attack. After all, if you don’t see it coming, it can take a nasty chunk out of your assets.
Personal Wealth Graham Westmacott Creating Pension Income: Dividends or Balanced portfolios? 2019-03-22T10:15:35 March 22, 2019 There are many ways of generating income from a portfolio. We consider how inflation and volatility influence two popular choices.
