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Category: Retirement Planning

Home Archive by Category "Retirement Planning"

5 Reasons Why Most People Don’t Use Insurance As A Tool For Wealth Planning

May 20, 2020gmscpa

“You don’t buy life insurance because you are going to die, but because those you love are going to live.” — Unknown author Of the four tax-free options that the Canadian tax law permits, the use of tax-exempt life insurance is one of the least known tax strategies. You’re likely familiar with the other three…

What you need to do to stay ahead now that tax season is over

June 29, 2018gmscpa

For most Canadians and particularly for accountants and tax practitioners, the end of tax season comes with a lot of relief…relief from all the long hours of compiling financial information and filing of tax returns. However, in the midst of the relief, we often forget to take time to consider important planning tips to save…

Are you focused on “Return on Life”?

September 29, 2017gmscpa

Two weeks ago, I was at a seminar and had the opportunity of listening to a presentation by Mitch Anthony, author of “The New Retirementality: Planning Your Life and Living Your Dreams…at Any Age You Want”. For me, it was a great presentation as it aligned completely with my thoughts and ideas around retirement. Return…

CLARITY IS CRITICAL! WITHOUT IT, YOU WILL FAIL TO REACH YOUR GOALS

July 12, 2017gmscpa

My goal is to retire at age 55. For a long time, I’ve had this retirement age in mind. I’m 45 now and only have 10 years left to achieve my retirement goals. Like most people, I’ve always had a vague picture of what I want my retirement to look like – sufficient passive income…

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