Tag Archives: retirement planning

Our last post discussed the some of the types of Withdrawal Models available to assess the appropriate amount one should withdrawal from their income-producing assets. This post we discuss two more models to consider. Duration-based Portfolios This model is based … Continue reading

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You have probably seen a tax guide or manual that talks about the “three Ds” of effective tax planning: deduct, divide and defer. However we would like to add a fourth item to the list that will help decrease the … Continue reading

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Compared to a defined Benefit Pension plan, this type is far less complicated. In a defined contribution plan, the employee, employer or both contribute a fixed percentage of income. More often than not the contribution is 50% for both parties. … Continue reading

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This particular pension plan allows the plan member’s to know their financial benefit at the time of retirement. However, this plan does not know what the long term costs will be in order to achieve their guaranteed benefit. There are … Continue reading

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Insurance can be a valuable tool in structuring your retirement income — and not just to cover the obvious threats to your retirement savings, like health care costs. It can also be used very constructively to replace income or capital, … Continue reading

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It may not be necessary to have the same level of income (adjusted for inflation) throughout the post-retirement years. It is quite common to need more discretionary income in the early years of retirement when you may be actively pursuing … Continue reading

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Our tax system is one in which graduated rates apply to each new range of income — i.e. your first dollars of income are taxed at the lowest rate of tax but if your total income crosses over in the … Continue reading

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Preventing clawbacks is one way to maximize the benefits of government programs and tax credits, but you can also increase your household after-tax income by making sure that these advantages are ‘doubled-up’ when filing as a couple. Generally, this will … Continue reading

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OAS was once a truly universal, non-contributory income security payment which began at age 65. ‘Universality’ was withdrawn when the ‘clawback’ was introduced to the OAS program to essentially recover that payment from high income earners. The OAS clawback may … Continue reading

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View this video clip of Darryl discussing the evolving retirement landscape: http://watch.bnn.ca/moneytalk/producers-diary/moneytalk-june-13-2011/#clip483928

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