What should be the ultimate goal of tax planning in retirement years for Canadians? Minimise tax on your retirement income! But you do not have to do it alone as an insurance company can help you with tax planning in retirement years. For your knowledge, we have shared some strategies to include in tax planning […]
Age opens a door for various illnesses and diseases to attack you. Age weakens your immune system, making it more vulnerable. At your age, you cannot afford to fall sick, especially if you are travelling outside of Canada. You need to protect yourself by obtaining travel insurance. Travel insurance will cover your medical expenses in […]
When you are earning a monthly income, paying the bills and mortgage, buying groceries, and going on vacation seems like a breeze. Everything seems doable when you are earning. What happens when you retire? The big question: what happens to your income tax in retirement years? Let’s talk about it! Income Tax in Retirement Years […]
We all want to retire from work with a peace of mind. However, that requires you to develop a retirement planning process. What is Retirement Planning Process? Retirement planning process requires you to gather financial data, lifestyle information, and gain insight into three main activities after retirement, leisure, volunteer work, and full or part-time paid […]