Retirement Income Planning
Annuity Update – December 2020 In September 2020, I began a quarterly report on “Annuities”. The original article can be found by clicking on this link. Methodology Every three months, I update the default annuity quote (using the Cannex system). The default client is as follows. 65 year old male invests in a “life annuity” […]
The Minimum RRIF Withdrawal I had a great question from a client who recently asked “When I convert my RRSP to a RRIF, how much money must I withdraw each year?”. That’s a great question, so I thought I would explain RRSP and RRIF withdrawals and the basic rules. You can make a withdrawal for […]
Annuity Update – September 2020 2020 has been quite a roller coaster for investors so far, to say the least. COVID-19 was the primary reason for the market’s decline in March 2020 and thankfully the outlook is slowly improving. While younger investors may take advantage of low prices for securities due to a longer term […]
The Vital Importance of Social Distancing Just an update that I am still working at home as normal but ceased any client or supplier meetings since March 11th. The financial companies and professionals I work with also continue to work “remotely” as the pandemic continues. You may call anytime to discuss whatever is on your […]
Updates for March 2020 Scroll down for later posts during the month of March 2020. As everyone is aware, stock markets around the world have turned down of late caused primarily by fear from the coronavirus and what will be the effect to the economy and your portfolio. I know it’s stressful for investors, so […]