In the first installment of this series we discussed how to budget projected expenses during retirement. This installment will analyse the taxes a Canadian can be expected to pay throughout her or his retirement, and common strategies for tax minimization.
After hitting an all-time high on September 21, 2018, the S&P 500 Index (an index containing most of the largest companies in the U.S.) has fallen over 10% and is now showing a slight loss for the year. The American market is not alone. A study by a major bank recently showed that 90% of the 70 different asset classes it measured were in the red for 2018. What’s going on?
This is the first article in a four-part series to be posted over the next few weeks. One of the most frequent topics we discuss with our clients is “how much is enough?”. That is, for people approaching retirement, [...]