Showing Tag: " retirement" (Show all posts)

How to participate in the Home Buyers' Plan

Posted by Jackelyn Ford on Friday, January 14, 2022,

The Home Buyers' Plan (HBP) is a program that allows you to withdraw funds from your Registered Retirement Savings Plans (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability. The HBP allows you to pay back the withdrawn funds within a 15-year period.

You can withdraw funds from more tha...

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Advisor value is nearly triple the typical advisory fee: study

Posted by Jackelyn Ford on Friday, January 14, 2022,

A study from Toronto-based Russell Investments Canada Ltd. has found that financial
advisors deliver value at a level almost triple the typical advisory fee of 1%.

The firm’s fifth-annual Value of an Advisor study pegged the value of an advisor who performs
comprehensive wealth management at 2.88% in 2020. This is up from 2.79% in 2019.

“We believe adv...

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Globeadvisor: Longer lives, new investing approaches

Posted by Jackelyn Ford on Tuesday, August 18, 2015,
Rob Carrick | October 5, 2013

Longer lifespans require sharper thinking about how you divide your money between stocks and bonds.

That means no more using the rule of 100 minus your age as the percentage you put into stocks, with the rest going into bonds. The results you get from this type of mix are too conservative for a world where people are living longer and thus putting greater demands on their re...

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Morningstar: Zen & the art of portfolio management

Posted by Jackelyn Ford on Tuesday, February 3, 2015,
Christine Benz | August 23, 2014

Pssst. I've got an investment secret for you. In fact, I can say with some certainty that it is the best tip you'll ever encounter. It's so powerful that it will enable you to sleep easily at night and serenely go about your business even while everyone else is freaking out.

I can sum up this strategy in just three words. TUNE IT OUT.

Tune out the talking heads on TV who purport...

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NY Times: The Best Investment Strategy

Posted by Jackelyn Ford on Wednesday, December 3, 2014,
Carl Richards | March 3, 2014

We’re still making the same old mistake of buying investments when prices are high and selling them once their prices have fallen.

I had hoped things had changed, I really did. But 
Morningstar’s latest Investor Returns data says otherwise. More than 10 years after I first started thinking about this data, the behavior gap still exists. ...
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GlobeAdvisor: We're not planning for our failing health

Posted by Jackelyn Ford on Tuesday, June 3, 2014,
Noreen Rasbach | June 14, 2012 

Live long and prosper: For many, retirement planning means working with a financial adviser to figure out how much we need to save in order to live comfortably and provide some sort of legacy for our loved ones.

And Canadians are living longer - the average life expectancy at birth, according to Statistics Canada, was 81.4 years in 2011, almost two years higher than in 2001.

But ...

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Globe & Mail: Why renting can be the right choice for aging boomers

Posted by Jackelyn Ford on Tuesday, March 6, 2012,

 Rob Carrick, The Globe and Mail | June 28, 2011 

 Sell your house and rent: If you're a baby boomer entering retirement, that could be the financial move of a lifetime.

The case for selling the family home starts with the fact that years of strong price increases have hugely increased the value of homes across the country over the amount paid for them. What to do with the proceeds after you sell? Invest...

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BNN: Debt reduction versus RRSP contributions

Posted by Jackelyn Ford on Tuesday, March 1, 2011,
Dale Jackson, staff for The Globe and Mail | February 4, 2011

Canadians are another RRSP season older – and deeper in debt.

In 2010 we owed $1.48 for every dollar we earned, up from $1.45 the year before. According to the Ottawa-based Vanier Institute of the Family we’ve climbed high on the debt mountain: In 1990, the figure was 90 cents.

What’s worse, these figures tell only part of the deb...

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About These Articles

Jackelyn Ford These articles have been chosen because they provide a macro view of the financial world. This wide scope of articles can then be applied to aid your own personal financial situation. E.O.E.