Tariffs and other economic policies can have a big impact on your finances, especially as you get closer to or settle into retirement. U.S. President-elect Donald Trump's recent talk about putting tariffs on goods from Canada, Mexico, and China has stirred up plenty of debate. Whether these tariffs actually happen or not, it's a good…
Since the proposed federal budget was released in April, there has been a lot of talk about what the changes—particularly to capital gains tax—will mean for Canadians. For entrepreneurs thinking about retirement, the process will be a lot more complicated than simply notifying their employer that they will be leaving the company. Many business owners…
The 2024 federal budget was recently released and it includes a number of proposed tax changes. The change to capital gain tax is one topic that has prompted much debate and anxiety. We want to cut through the noise and explain what is happening, how it could potentially impact you, and what you can do…
With the federal budget set to come out later this month, what issues are on the minds of Canadians? According to a recent survey by KPMG Canada, housing is a major concern and not just for the average Canadian, but for businesses too. Prior to the pandemic, close to 60% of Canadians could afford to…
ARE YOU TRULY PREPARED FOR RETIREMENT?
Retirement is supposed to be your reward after years of hard work, but without the right plan, it can quickly become stressful. As you approach retirement, uncertainty can weigh heavily:
- Do I have enough saved to retire comfortably and sustain my lifestyle?
- How will rising inflation and unpredictable markets affect my income?
- What’s the plan if my health deteriorates or my care needs change?
- Will I be able to pass on my wealth to my family without unnecessary tax burdens?
- Am I prepared for the unexpected, like market crashes or medical emergencies?
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