Now that you’re retired, you have a fixed amount of money to use for the next 30 (or more) years. That bank account doesn’t ebb and flow anymore, it only drains. For the right couple, income splitting can help you save money without affecting your lifestyle.

For those with Defined Benefits (DB) pension plans, leaving the workforce early, even before your Canadian Pension Plan (CPP) or Old Age Security (OAS) kicks in, will often trigger a bridge benefit. As this can bring up new options for you in your retirement, it’s wise to understand this benefit before you decide to retire early.

There are many reasons why keeping your money in a bank is better than under a mattress or in an old coffee can buried in your backyard. But, one of the biggest is the Canada Deposit Insurance Corporation’s (CDIC) deposit insurance.

The price of groceries, gas, housing – it’s all increasing at a rate that hasn’t been seen since before the turn of the millennium. So inflation (a topic those who grew up in the 70s know well) is back in the news.

Suddenly, computers are writing blog posts, code, novels, and more. Seemingly overnight, AI is poised to take over every desktop profession – even financial advising. As a result, we’ve received many questions from clients about whether this new technology can deliver financial planning advice as good as – or even better than – humans.

Providing for a disabled child can be a lifetime job. But what happens after that? Henson Trusts are designed to help you make sure your child is taken care of even when you're not there.