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 […]
Read more »
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. […]
Read more »
