Financial Library

A Short Conversation About Banks

Posted on: May 8, 2023

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The recent tremors in the US banking system (collapse of Silicon Valley Bank - SVB) have caused some Canadians to question how developments in the US might affects their own savings. The key thing to understand is that there are BIG differences between Canadian and US banking systems.

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Financial Independence Tips for Seniors

Posted on: May 8, 2023

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estate planning

As people age, maintaining financial independence can become increasingly challenging. However, there are steps that senior can take to help ensure that they can continue to live independently and enjoy their golden years without financial worries.

Below, we will discuss some of the ways that seniors can maintain their financial independence for years into the future.

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New Tax Planning Opportunities

Posted on: April 10, 2023

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tax planning

Canadians have various existing tax reduction opportunities to consider for their own personal situations and one NEW strategy arrives this spring: First Home Savings Account (FHSA).

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Budgeting Your Way to Financial Independence

Posted on: April 10, 2023

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financial planning

Financial independence is an important goal that many Canadians aspire to - but achieving it can feel like an overwhelming task. However, with the right mindset and a few key strategies, it is possible to budget your way to financial independence.

We have listed several time-tested strategies below:

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Are You Ready to Retire?

Posted on: April 10, 2023

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retirement planning

According to a 2022 survey,¹ only 35% of Canadians aged 50 and older feel they're financially ready to retire. Sixty-two percent report being unprepared or unsure if they have the resources. In a similar survey, Bromwich+Smith and Advisorsavvy² report that 71% worry they will never be able to save enough to retire comfortably. Sixty-two percent are delaying retirement indefinitely.