For many high-income Canadians, the RRSP has been the obvious place to save for years. The deduction is valuable, the habit is well established, and the account has likely done exactly what it was supposed to do during the accumulation years. But by age 55, the decision can change. If your RRSP is a...
Has the thought of estate planning ever felt so overwhelming that it gave you a headache? From a practical perspective, estate planning shouldn’t be so daunting. In reality, many don’t have the faintest idea where to start. They’re just certain about one thing—that they should have a will. So, here’...
By Alfred Lam, CFA, Senior Vice-President, and Co-Head of Multi Asset, CI Global Asset Management and Richard J. Wylie, MA, CFA, Vice President, Investment Strategy, CI Assante Wealth Management Canadian inflation remains contained, despite energy price surge Gasoline prices fuel inflationary increa...
Many retirement conversations start with a lump-sum target. You may hear that if you want $10,000 a month after tax in retirement, you need $2 million saved. It sounds tidy, but it leaves out the part that matters most: retirement income does not come from one source, and it does not behave the same...
Two months after the U.S. and Israel attack on Iran shook markets, key equity indices around the globe recovered in April from March slumps, with the S&P 500 and Nasdaq both posting double-digit gains for the month. A ceasefire announced April 8th no doubt helped propel markets higher but the St...
https://youtu.be/e3ldRt-Ni0s For many couples, retirement drawdown looks straightforward at first. One spouse has the larger RRSP or RRIF, the other has a smaller account, and the obvious answer seems to be to drain the smaller one first. It feels simple, orderly, and often tax-efficient on the surf...
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