Tag Archives: Retirement

Should I take CPP at age 60?

By Barbara Knoblach, PhD, CFP® The long summer evenings are over. The kids are back at school; homework, lessons and sports practice have begun to fill the family calendar again. Summer holidays and backyard BBQs are now just photo memories … Continue reading

Posted in Ask Your Money Coach, For your information

How Can My Home Equity Support My Retirement Goals?

By Christine Williston, B.A., FPSC Level 1® For older Canadians, with a paid or almost paid mortgage, ever increasing home values feels like watching winning numbers come up in the lottery. But how best to cash in the ticket? Or should it even … Continue reading

Posted in Ask Your Money Coach, Money Coaching, 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

6 things to consider before investing in a rental property

By Karin Mizgala, co-founder and CEO Money Coaches Canada The average Canadian house price hit $508,567 in March however that number is skewed by the incredibly hot real estate markets in Vancouver and Toronto. If you remove those markets from … Continue reading

Posted in Ask Your Money Coach, Investing

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

Meet our Money Coach: Tom Feigs

Financial planner and money coach Tom Feigs was born and raised in Calgary, Alberta, but his favourite piece of advice for Canadians concerned that they aren’t prepared for retirement, comes from the East, not the West. It’s a Chinese Proverb: … Continue reading

Posted in Meet Our Money Coaches, Retirement savings

Meet our Money Coach: Annie Kvick

For many Canadians, taking charge of their finances feels like being asked to scale a mountain. They may feel overwhelmed, intimidated, or afraid of making a misstep that sends them tumbling financially backwards. Money Coach Annie Kvick, knows what it … Continue reading

Posted in Meet Our Money Coaches, Money Coaching, Retirement savings

Success Story: From retirement fears to retirement focus

How much do you need to retire?  Did that question make your stomach do a little flip? If it did you’re not alone. The question, “Will I have enough?” is on many people’s minds when they think about retirement. When … Continue reading

Posted in Retirement savings, Success Stories

Will you contribute to an RSP this year?

Many of us grew up with the tried and true advice from our parents that we should invest in RSPs, and like a lot of parental advice, it is often ignored. Less than one in three eligible Canadians take advantage … Continue reading

Posted in Retirement savings