Renting during retirement? 10 cases where it might be right for you

Home ownership is the deeply ingrained Great Canadian Dream. Adding to the dream is retiring as a homeowner without debt. Although that dream is alive and well, and something that most retirees hope for, there can be some very good reasons not to be a homeowner in retirement. While renting in retirement may not be…

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Turn a spouse’s loss into your gain

Before rebalancing a portfolio for a new client, I make it a habit to confirm the Adjusted Cost Base (ACB) of any holdings in non-registered investment accounts. In knowing the ACB, I’m able to know the capital gain (or loss) that would be triggered and the associated tax liability (if any) of selling the portfolio.…

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Should you contribute to your RRSP, TFSA or pay down debt

Lorne Zeiler, VP, Portfolio Manager and Wealth Advisor at TriDelta Investment Counsel spoke with Catherine Murray on BNN’s Market Sense. Lorne discussed the tax benefits of RRSP contributions, at which income levels RRSP contributions are most advantageous and he also reviewed strategies for consolidating and reducing debt. Click here to watch the full interview. Written…

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3 ways to benefit now from historically low interest rates

There are those who think that interest rates are going lower. They may be right. But this column is for those other folks. The ones who feel that the only place for interest rates to go from here is up. While many of us follow the prime rate that is tied to a variable rate…

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How long will I live?

Any which way you look at it, life is too short and we must learn to love life, each and every day as if it was the last. We help our clients find perspective and balance by having them complete our ‘Creation of true wealth’ questionnaire, which will hopefully get you thinking about how you’re…

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RRSP vs. TFSA

Like many Canadians most of us won’t be able to contribute the maximum to both a TFSA and an RRSP so what is the best strategy? Let’s say you have $5,000 to invest and assume for illustration that this is invested for 20 years, grows at 5.5% each year after fees and that your tax…

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