by admin | Jan 25, 2015 | Advisor Stream
Last weekend I sent out on article on RRSP’s that seemed to strike a cord with many people.
I received a number of comments about the article-which made reference to the generally believed notion that RRSP’s are a terrific investment & planning tool, but are not ideally suited to every person, or every situation.
I thought I would follow up on last week’s theme by sending along a thought provoking article on the 7 Misconceptions about RRSP’s.
I trust you will enjoy it.
Be sure to pass along your comments & feel free to forward it to a friend.
Cheers,
Mark,
7 misconceptions about RRSPs
As RRSP season gets into full swing, every financial institution you’ve ever walked past is suddenly your best friend. Don’t delay, make a contribution today! There’s no question that Registered Retirement Savings Plans are a good idea. As we live longer and as fewer among us can count on company pensions, personal saving has to fill the gaps. Author, investment expert and Star columnist Gordon Pape calls RRSPs the “ultimate wealth builder,” but even though they’ve been around for almost 60 years, there are plenty of misconceptions about RRSPs.
Read more here
by admin | Nov 30, 2014 | Advisor Stream
A lot of the retirement advice we as financial advisors give out can tend to be on the dry side.
How to save taxes in retirement, how to avoid paying probate fees on your estate, what’s the best risk/return investment for your portfolio?
These are all very important areas to cover, but let’s face it, they are not always the most inspiring or motivating of conversations.
Here is a fresh look at advice that will spice up your retirement lifestyle, that you never get but definitely need to hear.
Have a great day.
Cheers,
Mark
Retirement Advice You Never Get But Need To Hear
Traditional retirement advice can be boring to some and less than fulfilling. Discussions about rollovers, precious metals, and the need to avoid probate can leave many new and soon-to-be retirees craving more. Desires that go beyond conventional financial recommendations and may include things such as investing in a pet, playing more golf, and taking more fishing trips. Here is some advice on topics that are not often discussed.
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by admin | Nov 25, 2014 | Advisor Stream
Outliving your money is a huge worry for people in or thinking about retirement.
Here is part 1 of a 2 part article that recently appeared in Forbes about how to make your money last.
Enjoy,
Mark
Making Your Money Last In Retirement
Outliving your money is a huge worry for people in or thinking about retirement. You retire and don’t even own an alarm clock anymore. Then it hits you: Can you really afford this lifestyle? Did you save enough and invest right? How long will your money last? This article presents strategies to ease your worry about outliving your savings. Plan a bigger portfolio than you think you’ll need. When planning for retirement, never imagine you’re going to get off easy. Think the opposite.
Read more here
