Retired Physician
-
Read Article
Retirement Planning Is Not an Exact Science
How do you figure out how much to save for retirement? Financial consultants use a number of assumptions to generate projections in a retirement plan. One of these assumptions is the rate of...
-
Read Article
Staying in Control: Emotional Investing
Market volatility can make us feel uncomfortable, which may cloud our investment decisions. Here are some common investing pitfalls that are driven by emotion, and ways to avoid them.
-
Read Article
Advice or Online Brokerage? Why Not Both?
Many physicians want to manage their own investments using an online discount brokerage account. Here’s what to expect and why financial advice and financial advisors still matter.
-
Read FlipbookWhat Kind of MD Investor are You?
-
Read Article
TFSAs: Tackling Your Most Frequently Asked Questions
Here are the most commonly asked or frequently asked questions about tax-free savings accounts (TFSA). How to open a TFSA, what to hold in a TFSA, withdrawing from a TFSA.
-
Read FlipbookA Physician's financial life journey
-
Read Article
Investing Is Easy—Until It’s Not
Fintech has made DIY (do-it-yourself) investing easy. You can trade directly or use robo-advisors. But here are the reasons and research why financial advisors are worth the cost.
-
Read Article
What to Expect From a Robo-Advisor
Robo-advisors are the middle ground between direct investing with no service and complete service with a financial advisor. Here’s everything you need to know about robo-advisors.
-
Join the conversation
Follow us -
Read ArticleProposed Tax Changes, At A Glance
Wondering what the proposed tax changes on private corporations are? Here is MD Financial Management’s quick snapshot of the proposals. 1. Income Sprinkling Pre-2017 tax rules ...
-
40:33Watch VideoFederal Budget 2018 Update
In this webinar, MD and CMA discuss the 2018 federal budget and its implications for Canadian physicians and their families.
-
Read ArticleNo More Income Sprinkling? Other Ways to Split Income
New reasonableness tests will constrain or eliminate income sprinkling for incorporated physicians. Here are some other eincome-splitting strategies to consider to reduce taxes or save for retirement.
-
Read Article
What Are Your Options for Withdrawing Locked-in Funds?
If you have pension funds from a previous employer in a registered locked-in account, what are your income options, if you’re retiring. Special provisions if you need to withdraw before retirement.
-
Read Article
Proposed Tax Changes to Private Corporations: More Questions Than Answers
The federal government’s proposed tax changes for private corporations continue to draw debate during this 75-day public consultation period ending October 2, 2017. After this date, the...
-
Read Article
Protect Your Incorporated Estate Assets to Ensure Your Loved Ones Are Taken Care Of
Estate planning can often seem complicated, especially when you’re dealing with an incorporated practice. When you set up your corporation, you knew what you hoped to achieve—higher savings, lower...
-
3:05Watch VideoHow Can I See My Investment Performance and Fees?
Financial institutions are now required to provide more detail for investors on the fees and compensation they collect, and on investment performance. At MD, we are going beyond the minimum requiremen
-
4:24Watch VideoWhat Is My Rate of Return?
Your rate of return is an important tool for measuring financial progress. There’s more than one way to look at rate of return, including: - the level of investment risk you are comfortable with -
-
1:52Watch VideoRetiring Comfortably
Ending your practice, replacing your income, and planning your estate. You’ve worked hard for decades and in the later stages of your medical career. If you’ve taken the proper steps, your finances a
-
Read Article
Maximizing RRSPs and TFSAs: Getting the Most Out of Two Powerful Tax-Advantaged Vehicles
Both RRSPs and TFSAs offer valuable benefits. What is the difference between an RRSP and a TFSA? How do you maximize the tax-deferred growth of each? Contribution limit, tax deductible, withdrawals.
-
Read Article
What Happens to Your Pension When You Leave a Firm Before Retirement
If you have a registered pension plan and you leave a firm before retirement, how the funds are transferred will differ from province to province and federally.
-
Read Article
Alternative Investments Explained
Alternative assets may include investments such as private equity, commodities such as gold, infrastructure, real estate, and artwork. They often contribute to better portfolio diversification.
-
Loading More...
