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Articles By Allan Norman, MSc, CFP, CIM:

A 55-year-old nurse smiles as she contemplates her five or 10 year retirement plan.

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How to plan for retirement in five or 10 years

When deciding to retire in five or 10 years, there are a few things to consider, in addition to...

How to plan for retirement in five or 10 years
A couple sit together on a bench, discussing how to withdraw from savings with tax efficiency.

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Tax-efficient retirement strategy options for Canadians

Tax-efficient retirement strategy options for Canadians
A father with his adult daughterPhoto by Andrea Piacquadio from Pexels

Investing

The tax implications of gifting adult children money and more

A reader asks about investing in his RRSPs after 71, withdrawing from RRIF and a sizable gift of money...

The tax implications of gifting adult children money and more
A female Canadian investor is on the phone, talking with her advisor to find out if she can put mutual fund fees back into her account.

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Can I put mutual fund fees back in my account?

Investing fees (MER, TER, trailing) are always hard to swallow, but what if there was a way to manage...

Can I put mutual fund fees back in my account?
A middle-aged man drinks coffee in a cafe

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“Why do I need a financial plan?”

“Why do I need a financial plan?”
A woman in her 50s-60s is looking to transfer the funds of a LIRA to an RRSP with no contribution room in Ontario on her iPad.

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Can a LIRA be transferred to an RRSP with no contribution room in Ontario?

Moving money from a LIRA or LIF to an RRSP or RRIF can have benefits. Here’s what to consider...

Can a LIRA be transferred to an RRSP with no contribution room in Ontario?
A young man wearing a hoodie, sitting on his couch is looking inquisitively at his laptop, wondering how he should remain a long-term investor within a bear market

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Bear markets: What’s a long-term investor supposed to do right now?

As we continue our way out of the pandemic, with inflation and dramatic market fluctuations, what is a long-term...

Bear markets: What’s a long-term investor supposed to do right now?
A robotic hand touches lines of light to symbolize robo-advisor with a human touch.

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What’s the real value of a robo-advisor?

With inflation, war and COVID, what are your options if you’re wanting a bit more from a robo-advisor? Do...

What’s the real value of a robo-advisor?
A woman is sitting at her desk at home, going through her bills to add them up.

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Should you withdraw from an RRSP to pay bills?

Taking money from your RRSPs early to pay for debt has implications, including taxes, the loss of growth in...

Should you withdraw from an RRSP to pay bills?