Category Archives: Retirement savings

How Do I Take Money From My RSP in Retirement?

By Tom Feigs, CFP®, CET What do you think when you hear the term RSP? If you are like many people, you probably think: contributions. Certainly the banking industry focus is on RSP sales, because that’s where they make their money. … Continue reading

Posted in Ask Your Money Coach, For your information, Retirement savings


How Divorce Can Affect Your Retirement

By Annie Kvick, B.Ed, CFP® The ending of a marriage is an unfortunate reality for many Canadians, it creates emotional upheaval for both partners and any children involved. But studies have shown that it generally impacts a woman’s financial well-being longer … Continue reading

Posted in Financial Literacy, Relationship to money, Retirement savings


Don’t Let Short-Term Events Impact Your Long-Term Investing Success

By Anthony Larsen, BAS, CFP® Investment success can be reduced to four simple words: buy low, sell high; just as diet success can be boiled down to: eat less, move more. So why aren’t we all wealthy and in stellar health? … Continue reading

Posted in Investing, Money Coaching, Retirement savings


Top 4 Money Challenges Women Face

By Karin Mizgala, co-founder and CEO Money Coaches Canada Canadian women have the freedom to create wealth, and make their own financial decisions, but it hasn’t always been that way. Less than 45 years ago, women had a difficult time … Continue reading

Posted in Financial Literacy, Investing, Relationship to money, Retirement savings


RRSP vs RESP: How to Make the Right Choice?

By Bruce Q. Thompson, B.Admin, CFP® From the moment our children are born we want the best for their future. Success is never guaranteed, but we hope to be able to offer them opportunities. And what better opportunity is there than … Continue reading

Posted in Ask Your Money Coach, Investing, Money Coaching, Retirement savings


CPP Expansion: A Rare Opportunity to Fine Tune Your Retirement Plan

By Sandra Mann, MBA Financial Services, CPA, CGA, FPSC Level 1™ I’m sure you’ve heard by now that the Canada Pension Plan (CPP) is set for expansion beginning in 2019, but you may be wondering how the changes will impact … Continue reading

Posted in For your information, Retirement savings


Don’t give-up on retirement yet! Ten ways to get started…

By Steve Bridge, BA (Hons.), FPSC Level 1TM We know it can be daunting to take those first steps in planning for your retirement and it often seems easier to put it off for another day. But the earlier you … Continue reading

Posted in Budgeting and Cash Flow, Debt, Retirement savings


Pension Plans and Retirement: Should You Be Worried?

By Julie Langevin, CPA, CA With the Federal government tabling their 2016 budget recently, we should all be aware of the challenges facing Canada’s pension system. The fact that Justin Trudeau’s Liberal government reduced the age of eligibility for Old … Continue reading

Posted in Budgeting and Cash Flow, Relationship to money, Retirement savings


How Much Do You Need to Retire?

By Steve Bridge, BA (Hons.), FPSC Level 1® Certificant in Financial Planning Retirement, or financial independence, ranks as one of people’s top financial goals. Despite that, in the face of so many immediate financial pressures, it’s easy to avoid thinking … Continue reading

Posted in Budgeting and Cash Flow, Retirement savings


The Real Secret to Making Smart Investment Decisions

By Tom Feigs, CFP®, CET As a fee-for-service financial planner it’s not unusual to be approached for a “quick” portfolio review. “Can you just look over my investments?” or “Can you tell me if I’m saving enough?” As much as it’s … Continue reading

Posted in Investing, Retirement savings