Getting a head start on their golden years
Tim is 47, and his wife is 46. They’re aggressively paying off their mortgage and will have defined benefit...
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What does fire insurance on a vehicle actually cover?
How your auto policy covers you in the event of a fire depends on what started it.
“Why is my own insurance company suing me?”
Tim was involved in a car accident after having “a bit too much to drink.” If his insurer can...
Should you use TFSAs and savings to pay off your mortgage?
It’s important to consider whether your TFSAs are earning more than you’re paying in mortgage interest, as well as...
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Maintaining your asset allocation while you draw down funds from a RRIF
If you plan on managing your own investments in retirement, here’s a simple way to rebalance your portfolio.
Could retiring at 61 significantly reduce your CPP benefit?
Ellen has contributed to the Canada Pension Plan for most of her life. She’d like to retire early, but...
Do teenagers need to file a tax return if they work part-time?
Like many milestones, this one can be used as a “teachable moment” for kids and parents.
How having a child together affects your tax situation
Elise recently had a baby and moved in with her partner. Looking ahead to tax time, she wonders how...
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“Do I really need to rebalance my investment portfolio?”
Even hands-off Couch Potato investors need a rebalancing strategy—not to boost returns, but to manage risk.