Tax season is here so don't forget the one Essential Tax Deduction for Canadians. In Canada, the number 1 tax deduction for high earners is the RRSP deduction. If you're a high earner and in the marginal tax bracket of 40% and over, then contributing to your retirement plan … [Read more...] about The One Essential Tax Deduction for Canadians
Retirement
How Much Money Should You Save For Retirement?
How Much Money Should You Save For Retirement? Now that tax season is behind us for another year and people have made those last minute contributions to their retirement accounts, I thought it would be a good time to look at how much money you should save for retirement. This … [Read more...] about How Much Money Should You Save For Retirement?
Retirement Income
I recently read a post at My Own Advisor that got me thinking more about my retirement income streams. While I'm still at least 20 years away from retirement, it's important that I have some kind of plan to get there. Time and again, I've seen family members and co-workers … [Read more...] about Retirement Income