Overlooked ways to save your clients money, this year and beyond| Tax Strategies | Advisor.ca
The financial independence retire early (FIRE) community is a very supportive and tight-knit one. Because the community is made up of folks who have different| Tawcan
Can you retire with one million dollars? Of course there are many questions to answer first. At what age? How much will you receive in government benefits? Are you single or with spouse? How much debt will your carry into retirement? What lifestyle do you want to live in retirement? Do you want to leave […] The post Can you retire on one million dollars in Canada? Plus, the Sunday Reads. appeared first on Cut the Crap Investing.| Cut the Crap Investing
How to draw down $1 million in ... Read more The post How to Draw Down $1 MILLION in RRSPs appeared first on Cashflows and Portfolios.| Cashflows and Portfolios
The financial independence retire early (FIRE) community is a very supportive and tight-knit one. One thing I appreciate from the diverse FIRE community is| Tawcan
Income splitting is one of the most useful strategies in retirement. And here’s a retirement tip that is often missed – taking full advantage of the spousal RRSP account. The spousal RRSP account allows a higher income spouse to transfer funds into the hands of a lower income spouse. Those funds will grow tax free; […] The post Retirement tip: use the spousal RRSP account on the Sunday Reads. appeared first on Cut the Crap Investing.| Cut the Crap Investing
Welcome to our latest monthly dividend income update.| Tawcan
Recent Rational Reminder podcasts (319 and 321) have had a debate about tax rates on RRSP contributions and withdrawals. Most people agree that when you contribute, you’re lowering your taxes at your marginal tax rate. The debate concerns withdrawals. Some say that RRSP withdrawals come at your “average, or effective tax rates, not your marginal tax rate.” Here, I address this question.| Michael James on Money
Maximizing RESP front-loading without sacrificing Canada Education Savings Grant| Tawcan
At Cashflows & Portfolios, we believe the ... Read more The post Can you retire using just your TFSA? appeared first on Cashflows and Portfolios.| Cashflows and Portfolios
How much do you need to save ... Read more The post How Much Do I Need to Save to Retire by 60? appeared first on Cashflows and Portfolios.| Cashflows and Portfolios
Last week Reader B, a fellow Canadian shared his amazing dividend investing story with us. B and his wife retired in 2004 at age 55 and have been living off| Tawcan
You too can save and invest your way to a million dollar portfolio. Make sure you use these RRSP facts for this year and beyond!| My Own Advisor
Did you over-contribute to your RRSP? Don't PANIC if you did! You can fix it and there is a process to fix it. I went through it and will show you.| Dividend Earner
I maxed out RRSP and TFSA now what? I gone through several scenarios on what to do when one maxed out RRSP and TFSA.| Tawcan
My experience on switching from TD & Questrade to WealthSimple Trade| Tawcan
how much taxes do we need to pay on our dividend income when we're financially free?| Tawcan
Millennial's ultimate RRSP Guide. Overview of RRSP including contribution rules, contribution limits, tax benefits, and withdrawal rules.| Tawcan
I have always enjoyed receiving emails from readers and connecting with like-minded people. Recently a reader asked me the following question:| Tawcan
How to get started with dividend investing. I answer some of the common questions some Canadian and US dividend investors may have.| Tawcan
3 years ago, I first wrote about our financial independence assumptions where I estimated how much we would need to be financially independent. Later, I wrote| Tawcan
Living off dividends. Find out how a fellow Canadian retired at 55 and now living off dividends ($360k a year!) and paying almost no taxes.| Tawcan
Does it make sense to invest US dividend stocks in TFSA? Well, I think there are so many different factors to consider, it’s really difficult to have a firm| Tawcan
The interesting idea is simple: Should we go all in on QQQ with our RRSPs?| Tawcan
Welcome to the supplemental episode to the main episode about Canadian investment account types. In this episode, we explore some of dilemmas that people face in deciding which accounts to use for investing. Accounts are basically just containers to hold investments. Like rooms in the house that is your portfolio. How do you choose which| The Money Scope Podcast
Here are the best accounts to hold your savings and investments.| MoneySense
Saving and investing beyond a million dollar portfolio includes owning stocks and ETFs. February 2024 Dividend Income Update.| My Own Advisor