Sal and Carla have run a successful consulting business over the years, saved well and used tax-planning strategies such as their individual pension plan (IPP) to ensure their financial security.
After 35 years of working for the city, Tom is keen to retire in January. He is 58 and earns more than $155,000 a year. ...Which pension survivor option he should take?
Gabriel and Ivy have well-paying professional jobs, three children and a mortgage-free house in small-town British Columbia ... “Can we afford to retire at age 57?”
When a person dies, they are deemed to have disposed of their property at the time of death. If they are married, their assets can pass to the surviving spouse on a tax-deferred basis.
When setting a retirement date, several factors must be considered, including clients’ goals, circumstances and worst-case scenarios
Now, with their working years approaching an end, they’d like to help their two children financially. “We never expected to have this ability,” Peggy writes...
As some Canadians looked to make ends meet during the pandemic, accessing extra funds may have meant tapping into savings ...
At age 48, Gavin and Audrey have been diligently paying down the mortgage on their Calgary house, setting aside money...