Income splitting is one of the most useful strategies in retirement. And here’s a retirement tip that is often missed – taking full advantage of the spousal RRSP account. The spousal RRSP account allows a higher income spouse to transfer funds into the hands of a lower income spouse. Those funds will grow tax free; […]
You can count on your CPP payments to be there, on the Sunday Reads.
There are three major pillars for your retirement income in Canada. There’s Government Benefits, Personal Savings and the Employer Pension. The Canada Pension Plan (CPP) and Old Age Security create the Government Benefits. We might consider that part of our pensionable earnings as the amounts are ‘guaranteed’ and indexed to inflation. At times we can […]
The abnormal returns for the Canadian asset allocation ETFs.
I have just updated the returns for the Canadian asset allocation ETFs. The returns over the last year and three years can be described as abnormal returns. So much so that I had to double check the performance for the equity markets that fuelled this incredible run. How did they do it? Over the last […]
Creating monthly income in retirement on the Sunday Reads.
One of the best things you can do in the accumulation stage is ‘set it and forget it’. That is, put your investments on auto pilot as much as you can. Set up direct transfers from your chequing account to your RRSP, Group RRSP, and TFSA (and perhaps taxable) and then if possible automate the […]
Got oil and gas stocks? Plus, the Sunday Reads.
This post is not a reaction to the rising political tensions in the Middle East, with the U.S. targeting Iranian nuclear sites on the weekend. Mostly, ‘got oil and gas stocks’ is a common question on this blog. You’re then ready for an oil shock. An oil shock can’t disrupt your lifestyle, in fact it […]
Canadian stock portfolios on the Sunday Reads.
The good news for Canadians who build their own stock portfolios is that if you simply buy enough of those blue chip companies, and then get out of your own way, you’ll likely be a very successful investor. At least on the Canadian equity front. Research shows that big ‘boring’ blue chip stocks outperform the […]