According to a recent Pollara report released by BMO, the majority of Canadians will be looking to save money over the summer months. 79% of Canadians will look to save more and maximize their income. 59% plan to create a budget Does spending decrease over the summer? As a father of 4 boys, I think… Continue Reading
Author Archives: Jim Yih
The differences between CPP and OAS
Old Age Security (OAS) and Canada Pension Plan (CPP) are hot topics because of all the attention on pension reform New CPP rules as of 2012 Talk about the new Pooled Registered Pension Plans Will they change Old Age security? From the questions I get, I realize many people are confused about the different government… Continue Reading
Should Couples Plan for Retirement Together?
“For better or worse, in sickness and in health till death do we part”. These are the words that married couples recite when they enter the union of marriage. Typically many years later after going through all the ups and downs in life, couples will face many crossroads together. One of those crossroads is retirement.… Continue Reading
Retirement is all about freedom; or is it?
When it comes to retirement planning, we often hear people using this old saying to describe retirement, “In retirement every day is a weekend.” This language is used to represent the fact that retirement is supposed to represent freedom – the freedom to do what you want, when you want where you want and however you… Continue Reading
Best of Blogs-happiness
This week’s quote is about finding happiness and for me, when I relate this quote to retirement and how to retire happy, it’s clear that happiness is about more than just money. It’s about finding harmony and balance between money issues but also lifestyle issues. It’s so important to understand that money is just a… Continue Reading
How to be a better investor
I recently read a report put together by Tom Bradley, president of Steadyhand Investment Funds called the Five Essential Elements to Being a Better Investor. The basic premise of the report is that every investor can become better and more successful by focusing on key behaviors. Tom suggests that “There is a significant gap between… Continue Reading