What’s Your Magic Number?
According to a Scotiabank survey released today, of those Canadians who plan to retire, 69% plan to work during retirement, mostly to keep mentally and socially active. However, the study goes on to state that 38% expect to work after they officially retire out of financial necessity. Scotiabank motives aside (selling products) that seems like [...]
My Own Advisor interview with Derek Foster – Part 2
Unlike a Larry King interview, I wanted my chat with Derek Foster to be real, not staged. Sorry Larry. I had a bunch of questions lined up for Derek a few weeks back but as you may have read from Part 1 of my interview with “Canada’s Youngest Retiree” the interview was much more conversational. Thanks again Derek [...]
Secret Year-End Tax Tips
I am not a CPA nor am I a tax attorney, and any of the following suggestions are just ideas that should be reviewed with your own CPA and/or tax attorney. Second, some of these suggestions may trigger or adversely affect the Alternative Minimum Tax, so talk to your tax advisor about this. I tried [...]