Recent Articles

Government Benefits Can Boost Retirement Income

Posted on January 10, 2012

In a 2010 report to the Minister of Finance, it was found that approximately 160,000 Canadian seniors were not aware of the full range of benefits they were entitled to in their retirement years. In fact, nearly $1 billion in retirement benefits from the Canada Pension Plan (CPP), Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) have not been paid out to eligible recipients.

According to the Service Canada website, seniors may qualify for a number of income supplement programs that would help them make ends meet, including:

Tags: 
retirement planning

Planning Required to Overcome Retirement Obstacles

Posted on December 12, 2011

A bleak picture is painted by the findings of the second annual survey about 'growing into retirement,' commissioned by the Royal Bank of Canada (RBC). Most retirees' outlook has worsened in just one year, and the so-called 'golden years' are beginning to look tarnished. Just one year ago, 39 per cent of Canadians expected to still have debt in retirement; more than half of those questioned now (54 per cent) think that they will not have paid off everything.

Tags: 
retirement planning

Don't Give Up on Growth

Posted on November 18, 2011

If you are a prudent investor, then you have a financial retirement plan that will ensure you have sufficient funds for the lifestyle you envision after you stop working. What constitutes sufficient depends on your ambitions and your hobbies, and also on how long you live. People are living longer, and it's not unreasonable to think that you could live into your 90s.

Tags: 
investment planning

Optimizing Your RRIF

Posted on November 6, 2011

Registered Retirement Income Funds (RRIFs) are one method of drawing an income from Registered Retirement Savings Plans (RRSPs) in retirement. There are a few things to consider to get the best value from your retirement savings with RRIFs.

For many Canadians, RRSP savings will be the major source of their retirement income. The main concern for most is the risk
of outliving their money. Another priority for many retirees is minimizing income taxes.

Tags: 
retirement planning

Turning Fear into Opportunity

Posted on September 12, 2011

During any given time period, either greed or fear drive investment prices up or down depending on the mood of the majority of investors. During 2011, various global events have continued to weigh on investor confidence as the world watches and waits for the U.S. economy to regain it's prominence as the world's primary engine of growth.

Tags: 
investment planning

The Right Wealth Building Path

Posted on September 11, 2011

As more people are beginning to regain their financial footing after the recent economic storm, many are reassessing their approach to financial planning and wealth accumulation with greater intent on getting it right? this time.

Tags: 
investment planning

Pages

About Us

We serve individuals, families and businesses in the Guelph area.

Our primary goal is to help each client meet their unique financial goals by focusing on five key areas of needs analysis:

We are never satisfied until you are.

Office Address

© Copyright 2024 AdvisorNet. All rights Reserved.