Here are important financial, health and social facts about retirement to get you planning for the next adventure in your life.
Having an automatic monthly RSP deduction gets your money working sooner for you than contributing one large deduction at the end of the year, and may make your retirement savings grow larger as well. If you already do have automatic deductions, try and increase it every year. Even increasing by $5 a month can make a large difference to your retirement savings over time. Originally published April 19, 2016.
Giving money to your children can be a great way to support their dreams, but can also reduce their motivation to become independent adults. Pierre Letourneau, High Net Worth Planner at TD Wealth, explains how you can use an incentive trust to provide money to family, while setting the pre-conditions to getting the cash.
Internet safety is more important now than ever before – especially for children. Kim Parlee speaks with Amber Mac, tech expert and Co-Author of “Outsmarting your Kids Online” on how to navigate parenting in the digital landscape and ways to safe-proof their kids.
It’s not just celebrities who pass away without leaving a will – unfortunately, many Canadians do it too. Kim Parlee explains the importance of having a will and avoiding leaving your estate, heirs and even your children in limbo.