Author Archives: Retirement Income Speaker & Specialist

Why didn’t this retirement thing seem so tough for Mom and Dad? Was there something that they should have told us that they didn’t? We Baby Boomers are supposed to be the advanced generation with new ideas and the ones … Continue reading

Posted in Retirement Income Planning | Tagged , , , , , , , , , , , , , , | Leave a comment

Everyday, we hear comments from frustrated consumers who are looking for an advisor who is proficient in the area of retirement income planning.  Remember – and this is critical – I am not referring here to ‘retirement planning’, which many … Continue reading

Posted in Retirement Income Planning | Tagged , , , , , , , , , , , , , , | Leave a comment

There are a number of ways that the equity you build in your principal residence can serve to either create an income stream or provide access to an amount of capital. In either option, the receipts are free from taxation. You are … Continue reading

Posted in Retirement Income Planning | Tagged , , , , | Leave a comment

So what is the relationship between the tax treatment on different forms of income and the various tax brackets? The following table examines this by calculating how much pre-tax money would be needed from each type of income in 2011 in order … Continue reading

Posted in Retirement Income Planning | Tagged , , | Leave a comment

When you are going through your working years, your employment income is really your main source of cash flow. When you are retired, you may have 6-8 different sources of income. So which ones should you use first? How do … Continue reading

Posted in Retirement Income Planning | Tagged , , , , , | Leave a comment

Last post we talked about the new rules of the CPP. Today, we continue our discussion in what you need to know to be fully prepared when it comes time for your to claim your pension. So, Should You Still … Continue reading

Posted in CPP Pensioners | Tagged , , , , , , | Leave a comment

In 2012, there was four key changes to the Canada Pension Plan. The changes will started in 2012 and will be fully implemented by 2016. First, there is a positive change in the calculation of career earnings. Simply stated, by … Continue reading

Posted in CPP Pensioners, Retirement Income Planning | Tagged , , , , , | Leave a comment

The CPP retirement pension serves as the next layer of income that should be triggered. In this section, I will cover off some mechanics of the benefit and address the most common question people ask about their CPP pension, which … Continue reading

Posted in CPP Pensioners, Retirement Income Planning | Tagged , , , , , | Leave a comment

Today’s post, we are going to look at RRSPs as the next layer in building the cash flow you need. Granted, the payments from RRSP/RRIF plans are fully taxable, but you do have a greater degree of access to these … Continue reading

Posted in Retirement Income Planning | Tagged , , , , , , , , , , | Leave a comment