3 min read

RRSPs vs. TFSAs

By Trevor Lagerwerf on Oct 7, 2019 1:38:10 PM

From our previous blogs What is a TFSA, really? and What is an RRSP? you can learn both offer tax advantages to help you reach your savings goals.

Topics: Saving for the Future Retirement Planning TFSA RRSP
4 min read

What is an RRSP?

By Trevor Lagerwerf on Sep 25, 2019 5:25:25 PM

An RRSP (Registered Retirement Savings Plan) is a type of account you can use to defer income taxes until you retire, when you will theoretically have less income. Similarly to a TFSA, there are different types of investments you can direct your plan towards, including mutual funds and GICs. You are allowed to contribute 18% of your earned income such as salary, commission, bonuses and business income to your plan each year, up to an annual maximum determined by the Government. This contribution room accumulates if you don’t use it.

Topics: Retirement Planning RRSP Investing Advice
3 min read

Curveballs and dreams: Investing in your pre-retirement years

By Trevor Lagerwerf on Apr 25, 2019 10:16:07 AM

As a kid, I thought that hitting a baseball would be easy. Until I tried to hit a curveball. I wanted that homerun. So I had to learn how to adapt to the ball that was thrown at me. Then I had to learn how to hit a fastball. With each pitch, I learned it wasn’t about just hitting a baseball, or avoiding being hit by that baseball! It was about hitting the baseballs I was thrown. And running the bases with all my heart.

Topics: Retirement Planning Financial Advice Investing Advice Financial Planning
3 min read

Planning for the end of the rainbow

By Chris Heckley on Mar 17, 2016 1:21:25 PM

March: a time of great commitments. Commitment to spring breaks. Commitment to cold weather complaining and spring dreaming. Commitment to shamrock headbands and “Kiss me — my father’s second cousin was Irish!” shirts. But you don’t need to rely on the luck of the Irish to save for your retirement.

Topics: Saving for the Future Retirement Planning Financial Planning