Do you remember the Apollo 11 moon landing? It doesn’t seem that long ago. What about Paul Henderson’s iconic goal in the Summit Series of ’72, or the ’76 Montreal Olympics, just a year before Elvis died? Do you have a box of LPs stashed away somewhere with Fleetwood Mac’s…
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Should You Choose a RRIF or Annuity?
You’ve put most of your savings in an RRSP. You’ll be 71 soon, and now you must choose the right financial option for you. Moving to a Registered Retirement Income Fund (a RRIF) has advantages, but you could outlive your retirement. Or should you choose an annuity that will pay…
Balanced Investment Portfolio, RRSPs, Tax Refunds
As you plan ahead for the new year and reflect back on the last few years, ask yourself is your financial destination on track? Or, has simply another year gone by? Are you five years richer, only simply just five years older? Take the steps necessary to get the results…
Tax Tips: Ask Roger Hamilton
It’s February. That means RSP season! What’s an RSP? RSPs are Registered Savings Plans. They began in 1957 and are used primarily to lower your taxable income, which should result in a tax refund. You can invest your tax refund, along with your normal contributions, and money grows inside the…