In Part 1 of this video Eliott Einarson, CFP and partner at Exponent Investment Management, summarizes the steps of preparing a retirement income plan providing samples along the way. A good retirement plan creates strategies that maximize income while minimizing taxes and risks. He highlights the importance of going through the process as it brings...
Eliott Einarson is a regular contributor in the National Post’s Family Finance column, providing retirement advice to Canadians. This situation is about a single woman at the cusp of retirement and looking for solutions to meet her needs. She feels she won’t need her large house and wants to move into a smaller condo. By doing so she can eliminate her mortgage, reduce some expenses and free up some additional cash flow. Eliott works with her on building a retirement income plan that can last well into her 90’s.
In this back-to-basic video, you will learn why you should be investing. Whether it be in stocks, real estate, bonds or even crypto currencies investing comes down to the very simple activity of committing capital with the expectation of profit. This profit can be in the form of income, capital gains or a combination of...
Like many of you, we have been reading, watching and listening to a wealth of material on the current environment. To supplement this, we have also been having discussions with industry experts, c-suite executives, small business owners, colleagues, friends and family. What follows is an attempt to synthesize this information in an accessible way that is hopefully interesting and useful to others.
Corporate leaders are waking up to a new reality: Canadian investors have started to voice their concerns on environmental, social, and governance (ESG) issues. This has been decades in the making and this movement is gaining traction. Corporate citizenship has taken on a whole new meaning and some investment firms have just begun to integrate...
Turbulent times ahead. Given the very positive market performance of 2019 throughout most asset classes, we had already increased our cash positions, as we felt the need to be cautious in the giddy “risk-on” atmosphere that lasted until at least early February. Our prudence did provide some cushioning to our portfolios when the markets plummeted.
We have much to say, so please consider this as part of a series. During times like these, we encourage you to use credible sources for making the kind of decisions we will all have to make over the coming weeks
If you are retired, experiencing volatility in the markets can be a white-knuckle moment much like driving in a snowstorm
The Canada Pension Plan (CPP) is a contributory social insurance program of key importance to Canadians’ retirement planning since its 1995 debut. Along with Old Age Security, it is one of Canada’s few public retirement schemes. All Canadians are entitled to receive their Old Age Security (OAS) benefit. People in the lowest income brackets may...
Every year, Canadians endure the ritual of figuring out how much tax to pay. Frequently, it's a taxing exercise, pun intended. However, we’ve brought together all of the information you’ll need survive everyone's least favourite season. Identifying Your Tax Bracket Your tax obligation is determined by where you live in Canada and your income from...
