How to use your savings to support your longevity
Canadians are living longer, and that has significant implications for our financial well-being. Here’s how to use your savings to support your longevity.
What will it cost to age in place?
Aging in place (living at home rather than moving into long-term care) comes with financial implications Here are some things to think about.
Canadians are living longer. How does that impact my retirement savings?
A good retirement plan aims to find a balance between maximizing life enjoyment and alleviating fears about running out of money in old age. And the fact that Canadians are living longer puts an even greater emphasis on a sound retirement plan.
Setting up your finances for early retirement
If you’re considering early retirement, it’s important to take stock of your finances to make sure you’re adequately prepared for a post-retirement life without your physician’s income.
Value of advice: I lost big in the stock market. Will I have to delay my retirement?
A physician made a big mistake with his money and feared he ruined his chance of early retirement. Learn how a financial plan got him back on track.
Who’s better prepared? A look at two physician households
No two physician families are alike when it comes to planning for retirement. Learn how physician families can benefit from personalized retirement planning advice.
How do spousal RRSPs help with tax savings in retirement?
For those who qualify, using spousal RRSP as an income-splitting tool is one of the most powerful tax-savings strategies for retirement. Learn more.
Should you start saving money or pay down debt first?
For some physicians-in-training, it’s possible to pay down debt and save. Before you make a plan, here are some important things to think about.
What are the benefits of incorporating my practice?
What are the advantages and disadvantages of incorporation? Why do some doctors incorporate and others don’t? Learn more.
Value of advice: “I’m getting divorced. Will I have enough for retirement?”
Learn how you can get back on track financially after a divorce derails your retirement plan. Discover the value of financial advice.
The value of financial advice
Industry studies that attempt to quantify the value of financial advice have found that working with a financial advisor has real benefits. Learn more.
4 reasons to consolidate your RRSPs
As you approach retirement, there are many advantages to bringing your many RRSP accounts together at one financial institution. Learn why.