Category: Retirement Planning

EMPLOYEES: GOVERNMENT VS PRIVATE
Feb 5, 2022
A Study from the Fraser Institute finds that public-sector employees across Canada—including municipal, provincial and federal government workers—received 9.4 percent higher wages, on average, than comparable workers in the private sector in 2018. They also enjoyed more generous pensions, earlier retirement, and more personal leave. Watch this video to learn more.
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SAVING FOR RETIREMENT?
Jan 22, 2022
In 2015 BMO wealth management conducted a study that found retired Canadians spend on average $28,800 per year. Adjusted for inflation, that number is $32,000 per year in 2021. Simply put, that means if you retire at age 65 and live to 90, you will need $800,000. Assuming a 6% annual rate of return, here’s […]
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Tax Planning in Retirement: A Guide for Canadians
Nov 27, 2021
Fitzallen Sutton, CFP – November 5, 2024 In Canada, retirement tax planning is essential for preserving your nest egg, maximizing income, and minimizing the impact of taxes on your savings. With a combination of government benefits, registered and non-registered accounts, and strategic tax opportunities, retirees can plan effectively to secure a comfortable and tax-efficient retirement. […]
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