In the News
A retiree revelling in the RV lifestyle, how retirement age has shifted over the past four decades and answers about the CPP survivor’s pension
If you’re among the many people who didn’t apply for the CPP survivor’s pension when your spouse died, it may not be too late. While the rules have changed over the years, you may still be entitled to receive retroactive payments. Rachel Metzger explains in the Ask Sixty Five section of this article.
Amid rising inflation, the 30% shelter-cost-to-income ratio may no longer be a realistic measure of what Canadians can, or should, spend on monthly housing costs. Morgan Ulmer suggests a personalized affordability plan may give a better idea of what to spend on housing.
Saving for post secondary education is a long term-commitment, while inflation and market conditions are temporary. Morgan Ulmer offers some advice for clients who will be drawing on their RESP savings within the next 5 years.
‘Hard work, no pay; best job I ever had’ says one retiree – plus, Rob Carrick on how to build your own pension
Sharon and Tom Scanlan began a podcast in June 2021 called Hidden Gems Toronto. The podcast looks to introduce listeners to people and places that fly under the radar, but have interesting stories to tell.
Financial plan updates “tend to have different personalities” as clients age and their priorities shift, but there isn’t an age or life stage at which they need less frequent updates, says an advisor.
Many companies are turning to technology such as customer relationship software to help manage growing client volume, but some say they aren’t always the best option for managing relationships.
The rise of financial planning done transparently for a flat or hourly fee is one of the most positive developments in the world of money over the past decade. But providing financial plans is a service like accounting or providing legal advice, and sometimes the customer isn’t satisfied with what they get for the $1,500 to $5,000 cost of a plan. What then?