June 2024 Market Update
June saw some volatility in the markets as the world continues to play the wait-and-see game with a sustained direction on where US interest rates are going. With June wrapped up, we also concluded an overall healthy first half of the year. In June, the Bank of Canada made the first 0.25% interest rate cut […]
May 2024 Market Update
May saw the capital markets bounce back from the previous month. Reported inflation in Canada and the US continued to show signs of easing. Also, Canada’s GDP grew less than expected. As mentioned above, Canada’s latest reported inflation rate came in at 2.7% (in line with expectations), compared to a 2.9% one month earlier. Whereas […]
Diversification is Key
As with many retirement savers, it took two major stock market events (Global Financial Crisis, Global Pandemic) to convince Adam and Sonya that trying to ‘time the market’ or pick specific sectors was a costly exercise in futility. But, with the value of their RRSPs nearly halved in the 2009 Financial Crisis, they also recognized […]
Financial Strategies & Divorce
History tells us about half of marriages in Canada end in divorce. Andrew and Sara are about to end theirs and are concerned about the changes that will have to be made to their financial and estate plans. Some financial and estate issues they need to consider are: Life Insurance – The first thing that […]
Estimating Retirement Expenses
By far one of the most crucial financial strategy steps is accurately estimating retirement expenses. Correctly accounting for retirement living expenses is critical to ensuring that retirees do not outlive their money. For those already retired, there are usually few good options for creating new income sources later in life. Getting retirement spending projections correct […]
