Retirement Income Planning
RRSP Deadline for 2017 Tax Return Quite simply, the “RRSP Deadline” is the last day this year that you can make a contribution to your Registered Retirement Savings Plan (RRSP) but claim the tax credit on the previous year’s taxes. The RRSP deadline for the 2017 tax year is March 1, 2018. But do you have unused RRSP contribution room? […]
Good Retirement Income Planning Articles Below is a collection of what I consider good educational articles about Retirement Income Planning. Planning Can Help You Make Sure Your Retirement Savings Will Last What about books? There aren’t many on this topic, but one I like is Winnipeg adviser Daryl Diamond’s book, Your Retirement Income Blueprint, now in […]
Bursting the Bubble on the Canada Pension Plan Perhaps you have heard that the Ontario Retirement Pension Plan (ORPP) is dead now that an agreement to make changes to the Canada Pension Plan (CPP) has been announced. A recent poll was just published saying more than two-thirds of those polled nationwide — 68 per cent support increasing […]
Ontario Retirement Pension Plan (ORPP) : Will Those Over 50 Benefit? If you plan to retire in the next 15 years, I wouldn’t get too excited about how the Ontario Retirement Pension Plan (ORPP) will supplement your retirement income! While I have many issues with the ORPP, I realize there is relatively little I can do […]
Financial Planning Binder In step four of the financial planning process, the client’s financial plan is presented in a personalized financial planning binder. It includes all engagement documents, client data, goals, recommendations plus action plans for each each of the following six areas (or specific modules you selected ) as follows. Cash Management Planning Investment Management Planning Retirement Income Planning […]