As you approach retirement age, your focus on savings naturally begins to change. You stop viewing that nest egg as a place to store money, and start seeing it as a place to pull money from. For those heavily invested in RRSPs, RRIFs are one of the most popular vehicles to make that transition because it's nearly seamless and the RRIF is a very flexible tool used to optimize your savings and help to manage your spending.

Preparing for emergencies remains an essential part of creating a robust financial plan. It creates a bridge over troubled water that helps us navigate the most difficult times in our lives, making future success more likely. That’s why we always urge our clients to set aside an emergency fund.

With increasing life expectancy and rapid inflation, Canadians are working longer than before, leaving many near-retirees wondering when they should start taking their Canadian Pension Plan (CPP) and how that will affect their Post Retirement Benefit (PRB). Read on to better understand how the PRB will affect your retirement planning.

Numbers from Statistics Canada and the Canadian Real Estate Association show the average national home price is more than seven times the average household income. Combined with the recent rise in interest rates, this has made the dream of owning a house much more difficult. To bring the dream back within reach, the government is stepping in with the creation of the First Home Savings Account (FHSA).

For employers trying to attract talent in this competitive job market, it’s critical to stay up to date on benefits trends. Dialling in your company’s benefits package helps attract and retain employees in a cost-effective manner – often adding desire to your offer without requiring a larger monetary investment.

Insurance can get tricky fast. Not only are you looking into the future without a crystal ball, you’re trying to do it across a variety of assets and abilities that make up your life. Finding the right balance is hard, especially when you’re dealing with so many options – each with its own small print.