Financial Planning

Pension Planning Centre Blog / Financial Planning

How Much Does Your Debt Really Cost You?

Les Machan Sr. can help analyze your finances to discover the real cost of paying off your debts. You may be paying more than you think! Discover the secrets and start saving your money today. Call us at 514-866-3221 for more information!

Retire Your Worries

Interesting article on how the economy is changing and how your retirement is affected by it!
Please leave us your comments or questions on this topic.

Four Deadly Mistakes NOT to Make When Purchasing Term Insurance

Watch our three-part video series to learn about the four deadly mistakes NOT to make when you’re purchasing term insurance. Once you’re equipped with these helpful tips, call us at 514-866-3221 or get your free term insurance quote now!

Major Challenges Faced by our Baby Boomers

Learn how to create tax free money. This video describes the major problems faced by baby boomers and offers financial solutions to help.

The Power of Deferral

Michael Nairne, Financial Post · Saturday, Feb. 19, 2011 Wealthy people have a peculiar problem. Yes, they pay a boatload of taxes, but that alone is not the issue. Much of the income of many high net worth investors is taxed at the highest marginal rate. With top marginal rates approaching 50% on interest and other income for most Canadians, this tax bite seriously erodes investment returns. Take a bond yielding 4%, for example. At a 50% tax rate, the after-tax return is only 2%. That is just the tip of the iceberg. This calculation fails to consider inflation. Net Read more…

Companies get tough on employee pensions

  Debt-laden funds. Defined-benefit plans make way for ones with defined contributions   By PAUL DELEAN, The Gazette January 19, 2011     Companies with large pension-fund deficits are starting to play hardball with employees, and it may just be the tip of the iceberg. “Used to be that few employers were ready to fight over it, but times are changing,” Michel St. Germain, a partner at Mercer Canada and pension-fund consultant, told the firm’s annual pension-outlook conference in Montreal yesterday. In Sudbury, a yearlong strike did not deter Vale Ltd. from its plan to switch new employees to defined-contribution plans, Read more…

Do you own property in the US? Estate Tax Rises from the Dead

Jamie Golombek, Financial Post · Friday, Dec. 31, 2010 If you’re a wealthy U.S. citizen or a wealthy Canadian who owns property in the United States or holds significant U.S. equities in your stock portfolio, you may want to be extra wary of who’s pouring your eggnog at Friday’s New Year’s Eve party. That’s because in less than 24 hours, the dreaded U.S. estate tax will resurrect itself from the grave. In other words, die before midnight tonight, no U.S. estate tax. Die on January 1, 2011 or later and your heirs may face an estate tax of 35%. U.S. Read more…

Is a TFSA or RRSP right for you?

Is your main reason for contributing to an RRSP each year the expectation of pocketing a juicy tax refund in the spring? While cutting the past year’s tax bill is the carrot that makes most Canadians max out their RRSP contributions, there are plenty of situations where one may be better off not contributing at all. This is especially the case now that there’s a viable alternative: the tax-free savings account (TFSA) introduced in January 2009. The TFSA is a sort of mirror-image RRSP in that it does not generate an upfront tax refund. Apart from the refund, new investors Read more…

THE RIFF rebels

While Ottawa has so far turned a deaf ear to calls to cut the minimum RRIF withdrawal rates, you can expect political pressure to mount in five years. Why? As always, just watch the Baby Boomers. Much has been written about the first crest of Boomers reaching 65 this year. Six years from now, this leading edge will crash on the shores of forced RRIF withdrawal rates. Tacita Capital president Michael Nairne recently made waves when he described the “dark side” of RRSPs: the often-overlooked fact that they must be converted to Registered Retirement Income Funds at age 71. Retirees Read more…

Disturbing Economic Trends in Canada

Next Page

© 2009 Pension Planning Centre. | Privacy Statement
Maximize your wealth with our services. Montreal financial planning and investment advisors.
Choosing a Montreal financial services company shouldn't be difficult. Call us today to see what we can do for you!
Our team of Montreal financial analysts help you invest and save for your retirement. You need a trusted financial services firm in Canada
and our Montreal financial group provides a range of services to help you save more.

Website by RedstoneX