Podcasts about rrsp

Ready to take a deep dive and learn how to generate personal tax-free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereAre your investment and business decisions secretly driven by fear of losing money more than the potential to gain?Whether you're chasing high returns through crypto, real estate, or equities—or sitting on too much cash out of caution—this episode unpacks the hidden force influencing every financial decision: loss aversion. Most Canadian investors don't realize how this bias shapes their risk tolerance, stalls their portfolio growth, or leads to missed wealth-building opportunities.In this episode, you'll discover:Why most people demand double the potential gain just to risk a loss—and how that mindset may be sabotaging your growthHow to determine your true risk tolerance along the “growth vs. safety” spectrumA 4-phase framework for building your wealth plan—starting with a safety layer that protects your future while enabling smarter, bolder investmentsReady to stop letting fear of loss hold you back from Canadian financial freedom? Hit play now and learn how to invest with clarity, confidence, and control.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle…taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Understanding how behavioral economics—particularly loss aversion—shapes your risk tolerance is crucial to designing a smart portfolio strategy that aligns with your goals. Whether you're focused on investment growth, financial diversification in Canada, or building personal wealth, integrating a safety layer into your wealth management plan helps balance emotional and strategic decisions. For Canadian business owners, navigating corporate vs personal investments, salary planning, and investing retained earnings can unlock powerful tax deductible investments and business owner tax savings. Leveraging tools like RRSP matching pReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Ready to take a deep dive and learn how to generate personal tax-free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereWhat if you could lay the perfect financial foundation for your future?Whether you're just starting your Canadian business journey or already juggling multiple ventures, knowing how and when to scale, structure, and protect your finances can feel overwhelming. Jess and her husband, both in their early 20s, are already building businesses, planning for financial freedom by 45, and making decisions most entrepreneurs delay for years. But even ambitious starters hit walls—especially when it comes to being taken seriously and making smart tax moves early on.In this episode, you'll learn:How to decide if (and when) incorporating your business actually makes senseWhy understanding retained earnings and tax brackets early can be your financial superpowerThe essential blueprint for setting up your operating and holding companies to fuel long-term wealth, not just short-term winsPress play now to learn how to structure your business today so you're not paying for missed opportunities tomorrow.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle…taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Navigating entrepreneurship today requires more than just hustle—it demands smart financial systems for entrepreneurs who want lasting success. Whether you're a young entrepreneur just starting out or scaling businesses across industries, understanding Canadian tax strategies and business structure is essential for wealth building. From incorporation and corporate structure optimization to real estate investing and capital gains planning, small business financial planning plays a critical role in achieving financial freedom. Strategic moves like optimizing RRSP room, implementing the Smith Maneuver in Canada, and mastering salary vs dividends decisioReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereAre you leveraging your assets the smart way here in Canada—or making it harder than it needs to be?Many Canadian business owners and investors have both corporate and personal assets—but few truly understand how to use leverage strategically across those borders. Whether you're planning for retirement, managing cash flow, or thinking about your legacy, the way you borrow and use leverage matters. In this episode, Kyle Pearce and Jon Orr break down real-life scenarios—including a case study with seasoned real estate investors—to reveal where people often go wrong with leveraging their assets, and how to shift from over-complication to clarity and control.Here's what you'll learn in this episode:The difference between easy leverage and hard leverage—and why simpler is often smarter.How to structure your assets so you can borrow without triggering unnecessary taxes.Why a properly positioned permanent insurance policy can unlock flexibility, boost legacy planning, and provide peace of mind when leveraging your assets.Hit play now to learn how to use leverage with intention and build a wealth plan that supports both your lifestyle and your legacy.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle…taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.As a Canadian entrepreneur, mastering your corporate structure optimization isn't just smart—it's essential for building long-term wealth in Canada. Whether you're juggling salary vs dividends, navigating personal vs corporate tax planning, or trying to squeeze the most from your RRSP tax savings, the key is a cohesive strategy. By leveraging corporate assets and integrating tools like insurance policies, the Smith Maneuver, and a smart investment bucket strategy, you can optimize cReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Following up on our TFSA episode, we dive into 5 of the most common RRSP mistakes we’ve seen Canadians make—from contributing when your tax rate is low to accidentally double-claiming a tax credit. We also shift gears and explore the psychological traps that investors fall into, including the endowment effect, anchoring bias, and the disposition effect. These are the subtle but powerful behaviours that can quietly drag down your investment returns over time. To wrap up the episode, Simon revisits his past investment in Allied Properties REIT, why he sold it at a loss, and how the company and office space market have fared since then. Tickers of stocks discussed: AP-UN.TO Check out our portfolio by going to Jointci.com Our Website Canadian Investor Podcast Network Twitter: @cdn_investing Simon’s twitter: @Fiat_Iceberg Braden’s twitter: @BradoCapital Dan’s Twitter: @stocktrades_ca Want to learn more about Real Estate Investing? Check out the Canadian Real Estate Investor Podcast! Apple Podcast - The Canadian Real Estate Investor Spotify - The Canadian Real Estate Investor Web player - The Canadian Real Estate Investor Asset Allocation ETFs | BMO Global Asset Management Sign up for Finchat.io for free to get easy access to global stock coverage and powerful AI investing tools. Register for EQ Bank, the seamless digital banking experience with better rates and no nonsense.See omnystudio.com/listener for privacy information.

Denied credit when you need it most? Learn why creditors reject credit and loan applications and what steps you can take next. This guide covers real solutions to dealing with emergency credit denial, from avoiding payday loan traps to protecting yourself financially in tough times. Doug and Ted also recommend using the links below to access your free credit reports, a right for all Canadians! You do not need to pay for your credit score, and finding the free report option on these websites can sometimes be tricky: Link to access your FREE Equifax Credit Report Link to access your FREE TransUnion Report Sign Up for the Debt Free Digest (A monthly financial-motivation newsletter to your inbox!) (00:00) - Why You May Be Denied Credit  (02:35) – What Is and Is Not on Your Credit Report  (05:30) – Why Banks Prefer Lending Large Amounts  (07:00) – How Lending Criteria Differs Between Lenders  (08:00) – Why People Are Relying on Credit in Emergencies (10:00) – What to Do Before Considering a Payday Loan  (13:00) – The Payday Loan Cycle: Why It's Hard to Escape  (15:00) – Credit-Building Tips to Improve Your Chances  (19:00) – Should You Cash Out an RRSP or TFSA? Pros and Cons  (22:30) – Talking to Creditors: Can You Defer a Payment?  (25:00) – Emergency Solutions When All Else Fails  (27:00) – How to Protect Yourself Financially in a Survival Situation  Break the Payday Loan Cycle 13 Myths About Credit Card Debt in Canada What Debt Relief Options Are Available in Ontario? Disclaimer: The information provided in the Debt Free in 30 Podcast is for entertainment and informational purposes only and is not intended as personal financial advice. Individual financial situations vary and may require personal guidance from a financial professional. The views expressed in this episode do not necessarily reflect the opinions of Hoyes, Michalos & Associates, or any other affiliated organizations. We do not endorse or guarantee the effectiveness of any specific financial institutions, strategies, or digital tools/apps discussed.

In this coinfessions episode, Reni answers your burning real estate questions, breaking down everything from FHSA accounts, to buying your first home and investing in property like a pro.She dives into the realities of homeownership, whether it's smarter to sell or hold on to your house, and what to consider before making big property decisions. If you're confused about how FHSA works, overwhelmed by the home-buying process, or wondering how to get started in real estate investing, Reni makes it all simple and stress-free.What you'll learn in this episode:What an FHSA account is and how it can help you as a homeownerThe key steps (and mistakes to avoid) when buying a houseHow to decide if selling your home is the right moveThe pros and cons of owning vs. selling a propertyReni's honest take on building wealth through real estateWhether you're a first-time buyer, aspiring investor, or just trying to make smarter investment moves in real estate, this episode gives you the clarity and confidence to take your next step.Videos Mentioned: FHSA Explained: https://youtu.be/iHh_617cUd8?si=JFK6CTvPTBgFWCRJ Is buying a home an investment?: https://youtu.be/1Dm3lzUZ94M?si=r6f_O0yTwdc0cPEZ Your guide to starting a profitable Airbnb business: https://youtu.be/FNTcQQMFpgA?si=OYTf0MGhjtGa6ros A guide to investing accounts in Canada: TFSA, RRSP, FHSA & RESP: https://youtu.be/PVTlxjydptQ?si=MwqmFNqiv9-VdgHR Join Don't Go Broke Collective: ⁠https://www.skool.com/dont-go-broke-collective/about⁠Connect With Us!Follow the podcast on Instagram: ⁠⁠⁠https://instagram.com/dontgobroketrying Follow Reni on Instagram: ⁠⁠⁠https://www.instagram.com/xoreni Visit our website: ⁠⁠⁠⁠renitheresource.com/category/podcast⁠⁠⁠⁠Follow on Twitter: ⁠⁠⁠⁠twitter.com/dgbtpod⁠⁠⁠⁠Subscribe to Reni's YouTube: https://youtube.com/xoreniDISCLAIMER: The views and opinions shared on this channel are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing.

Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereAre you a Canadian business owner wondering whether to keep investing through your corporation, maximize your RRSP, or leverage the Smith Maneuver — and how each choice could impact your long-term wealth?Optimizing how you move money between your corporation and personal hands isn't just about saving tax today — it's about setting up the right structures to grow your wealth tomorrow. If you've been wrestling with whether to scrap corporate RRSP contributions, pay yourself a bigger salary, or dive deeper into leveraging debt for investments, this episode cuts through the confusion. You'll discover why the “obvious” move isn't always the optimal one and how small shifts in strategy can create massive future flexibility.In this episode, you'll learn:Why taking extra salary to fund a Smith Maneuver could cost more in taxes than it saves.How blending corporate retained earnings with personal investments creates powerful, diversified wealth "buckets."The hidden advantage of keeping flexibility with RRSP room for unexpected future tax planning opportunities.Hit play now to get clear on how to optimize your financial strategy and make smarter moves for your personal and corporate wealth growth!Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle…taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Are you taking full advantage of your corporate and personal wealth-building strategies? In this episode, we dive deep into whether business owners should prioritize funding their RRSP or using the Smith Maneuver to maximize tax efficiency, grow retained earnings, and create long-term financial flexibility. Learn how to optimize your financial structure, protect corporate assets, and leverage smart salary planning to minimize taxes and build wealth faster. Ready to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

The Moose on The Loose helps Canadians to invest with more conviction so they can enjoy their retirement. 5 easy steps to clean your portfolio: https://moosemarkets.com/webinar Download the Rockstar list here: https://moosemarkets.com/rockstars Join the Retirement Loop waitlist here: https://www.retirementloop.ca Why I prefer low yield vs high yield: https://moosemarkets.com/income

Think you're saving enough for your Canadian retirement — or are you just chasing returns while missing the wealth-building moves that Canadians like Shark Tank's Kevin O'Leary swear by?For many aspiring high-net-worth Canadians and incorporated business owners, the drive to grow wealth often leads to chasing the next hot stock or investment trend. But as Kevin O'Leary reminds us, real financial freedom comes from discipline, strategy, and maximizing tax-sheltered opportunities that most overlook. In this episode, we break down the exact number O'Leary says you need to retire comfortably — and how he'd invest it to protect and grow wealth.Whether you're earning over $200K annually or just starting to scale your incorporated business, this conversation will challenge your assumptions. We dive deep into why RRSPs are still one of the most underused tools for wealth creation, who's actually maxing out their contribution room, and how the wealthiest Canadians are using strategies rooted in long-term thinking — not hype-driven returns.What you'll learn:Learn how high-income earners and incorporated business owners can strategically use RRSPs to unlock long-term financial security.Discover why many Canadians are leaving hundreds of thousands in unused RRSP contribution room — and how to avoid making a big retirement planning miscue.Understand the costly habits of “late to the party return chasers” and how disciplined retirement planning with or without the RRSP can ensure you have the retirement income you're striving for.Hit play now to learn Kevin O'Leary's retirement target, how he'd invest it, and how you can follow a smarter path to a “Mr. Wonderful” financial future.Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereDiscover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle …taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting cordporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optiReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass here and book a call here.Are you making smart financial decisions—or just hopeful ones based on optimism bias?In this episode of the Canadian Wealth Secrets podcast, Kyle Pearce sits down with John De Goey—veteran Canadian portfolio manager and author of Bullshift—to uncover the subtle ways the Canadian financial services industry nudges you toward overconfidence and unrealistic expectations. With over 30 years in the Canadian financial industry, John reveals why many Canadians unknowingly rely on hope rather than strategy when it comes to investing and planning for retirement.Whether you're a high-income earner or business owner wondering if your savings strategy is enough, or someone approaching retirement unsure about your risk profile, this episode delivers clarity. John discusses the difference between risk tolerance and risk capacity, why your investing behavior in a market downturn matters more than you think, and how to avoid the trap of thinking "it won't happen to me." This conversation is especially relevant in today's uncertain Canadian financial markets, where realistic planning—not blind optimism—is your best ally.What you'll learn:Learn how to assess and adjust your financial risk based on your actual capacity, not just your comfort level.Discover why even the most well-written financial plans can fail without behavioral discipline.Get real numbers and strategies for RRSP, TFSA, and advanced savings when income exceeds contribution limits. 

In this episode of Your Retirement Planning Simplified, we dive into smart tax strategies for retirement, and common mistakes to avoid when drawing income. We cover essential topics like income splitting, RRSP vs. RRIF withdrawals, TFSA strategies, and how to minimize OAS clawback. You'll learn how to optimize your withdrawal order, take advantage of tax credits for retirees, and avoid costly errors that could increase your tax bill. Whether you're approaching retirement or already retired, this episode will help you create a tax-efficient retirement income plan that keeps more money in your pocket.  Read the full show notes and find more information here: Ep 134 Show Notes

In this Snippets episode, Leon sits down with John Mendis, tax partner at McGovern Hurley, to discuss key year-end tax strategies for individuals and business owners. John shares valuable insights on optimizing tax planning, maximizing deductions, and understanding the latest changes in Canadian tax regulations.While this conversation originally focused on fourth-quarter tax planning for 2024, the insights remain highly relevant beyond the year-end deadline. Whether you're preparing for your next tax filing, strategizing for the current financial year, or looking to optimize your long-term tax planning, John's advice can help you stay ahead. Topics include RRSP contributions, tax-free savings accounts, small business deductions, passive income rules, and evolving capital gains tax regulations.No matter the time of year, smart tax planning is essential. Tune in for expert strategies to minimize liabilities and maximize financial success!Special thanks to Aird & Berlis for bringing you today's episode of Snippets with Leon Goren.

On today's show, Fidelity Canada's tax and estate planning experts unpack the Q&A from their recent Reddit AMA (Ask Me Anything). Are you looking to leverage a registered account such as an RRSP, TFSA or FHSA to your advantage? Purchasing your first home? Have elderly people in your life and need to consider an estate plan? Or maybe you want to get ahead and set your family up for success? Now is the perfect time to start thinking about smart financial decisions for yourself and loved ones. Recorded on February 28, 2025. At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information. For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics' Advisor Digital Experience Study.

At Fidelity, we're here to help. From expert insights to innovative investment solutions, we're committed to guiding you through your investment journey.  We're also excited to introduce new products designed to help investors navigate today's markets with confidence. Joining the show today for a look at how Fidelity is here to empower you is Fidelity Vice President of Product, Andrew Clee. Recorded on March 3, 2025. At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information. For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics' Advisor Digital Experience Study.

Обсуждаемые вопросы: В данном подкасте мы обсуждаем на гипотетическом примере, что и как надо заполнить в налоговой декларации за 2024 с помощью программы Wealth Simple Tax Return. Как списывать RRSP и можно ли списывать в будущем. Как списывать мед расходы, расходы на садик и расходы на учебу. Можно ли перенести некоторые кредиты с одного супруга на другого. (далее…) ————————————————- The content of this site and our podcasts are for information only. Everybody's financial situation is different and the thoughts we provide here may not be applicable to you. We can't be held responsible for the consequences if you pursue an unsuitable course of action. Сообщение Как самому заполнять налоговую декларацию за 2024 год | 282 появились сначала на Moneyinside.ca-самый популярный финансовый подкаст в Канаде!.

Self-employed? Learn how to save money on taxes, maximize write-offs, and avoid CRA mistakes in this episode of In Her Wallet!In this episode, host Sofiia sits down with Chartered Professional Accountant Cindy Kumar to break down self-employment taxes and how freelancers, consultants, and small business owners can navigate tax season with confidence.Topics covered:Key differences between taxes for employees vs. self-employed individualsSmart tax deductions & common write-off mythsAudit triggers & how to avoid red flags with the CRAShould you incorporate? The pros & cons for tax savingsHow accountants add value beyond tax software like TurboTaxMaximizing retirement plans (RRSP) for self-employed individualsWhether you're a freelancer, consultant, or small business owner, this comprehensive guide will help you avoid tax pitfalls, save money, and stay compliant.Listen now on Spotify, Apple Podcasts & YouTube!Have a tax question? Drop it in the comments!Cindy's resources:100 Tax Write-Offs Cheat SheetBook a Free 20-Min Financial Clarity Session with CindyRegister for 4-Week Tax Course for Self-EmployedIn Her Wallet's resources:Listen to EP64 You Guide to Filing Personal Income Taxes with Wealthsimple's Caroline CorbeilGet Your Monthly Budget Planner for $20Watch Episodes on YouTube!

On this episode, two-time Paralympic snowboarder Sandrine Hemel joins the show to share insights into the ongoing season. She also touches on the last major event of the year happening at Big White in B.C., the importance of competitions one year out from the 2026 Paralympic Games, and the comradery amongst the Canadian Para Snowboard team. Find Kelly & Company on YouTube!About AMIAMI is a media company that entertains, informs and empowers Canadians with disabilities through three broadcast services — AMI-tv and AMI-audio in English and AMI-télé in French — and streaming platform AMI+. Our vision is to establish AMI as a leader in the offering of accessible content, providing a voice for Canadians with disabilities through authentic storytelling, representation and positive portrayal. To learn more visit AMI.ca and AMItele.ca.Find more great AMI Original Content on AMI+Learn more at AMI.caConnect with Accessible Media Inc. online:X /Twitter @AccessibleMediaInstagram @AccessibleMediaInc / @AMI-audioFacebook at @AccessibleMediaIncTikTok @AccessibleMediaIncEmail feedback@ami.ca

There's a huge drop in RRSP contributions compared to last year. Dr. Eric Kam, Economics Professor at Toronto Metropolitan University, joined Greg Brady to discuss this change and what it might mean. Learn more about your ad choices. Visit megaphone.fm/adchoices

You want to save for your retirement - but where do you find the money? Head's up - the RRSP deadline is coming up on March 3, 2025. Host Mike Eppel is talking to an expert on why it's imperative to start saving for your retirement and how to make it less stressful. We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:Through email at hello@thebigstorypodcast.ca Or @thebigstoryfpn on Twitter

Are traditional Canadian retirement planning strategies (RRSP, TFSA, RIF, ect) setting you up for success—or failure? What if the research shows that strategy isn't enough—and that a smarter, more resilient asset mix could ensure a stable, worry-free retirement?Many investors rely on the classic stock-and-bond investment portfolio, believing it's the safest way to ensure a stable retirement. However, market volatility, inflation, and economic downturns can leave even the most disciplined savers vulnerable. When the market crashes, emotions take over, and many investors make costly mistakes—selling low, hesitating to buy, or failing to adapt to changing financial conditions.But what if you could create a Canadian retirement plan that minimizes risk while optimizing returns? This episode explores Ernst & Young's research on integrating insurance products into retirement planning and why the traditional "buy term and invest the rest" strategy may not be the most effective path to financial security.You'll learn: Discover why permanent life insurance can act as a volatility buffer, protecting your investments from market downturns.Learn how combining high early cash value whole life insurance with investments can outperform traditional stock-and-bond-only portfolios.Explore strategies to maximize retirement income while preserving a greater financial legacy for your heirs.Tune in now to uncover the research-backed strategies that can help you build a more resilient retirement plan—one that stands strong no matter what the markets do.Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass hereBook a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey! https://canadianwealthsecrets.com/discovery Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here. Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Ready to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Discover essential retirement planning updates for 2025! Joe and Lindsay break down new RRSP and TFSA contribution limits, updates to CPP and OAS benefits, inflation adjustments, key tax changes, and capital gains rules. Learn how to maximize your retirement savings, minimize taxes, and stay invested for long-term success. With practical tips on budgeting, income planning, and key deadlines like the RRSP contribution deadline and tax filing date, this episode is packed with actionable advice to help Canadians optimize planning for retirement.  Read the full show notes and find more information here: EP 129 Show Notes

Retirement planning can feel overwhelming—how much do you really need? What's the best way to withdraw from your savings? And what happens if the markets take a downturn right as you stop working? These are real concerns for Canadians, and in this episode, we tackle them head-on. I'm joined by Adam Bornn from Parallel Wealth, one of the most trusted voices in Canadian retirement planning on YouTube. Together, we answer real questions submitted by viewers of my YouTube series, Second Act, covering everything from how to start a retirement plan to managing cash flow, tax efficiency, and withdrawal strategies. Whether you're just beginning to think about retirement or looking for expert insights on optimizing your income, this episode is packed with valuable takeaways. What We Cover in This Episode: How to start building a retirement plan from scratch The importance of having a vision for retirement beyond just the financials Different withdrawal strategies, including managing income-producing ETFs Why tax efficiency is crucial in the decumulation phase Common mistakes retirees make when it comes to CPP, OAS, and RSP withdrawals How to structure your income for predictable cash flow in retirement The impact of sequence of returns and how to mitigate risk Planning for major expenses like vehicles, home repairs, and long-term care Why reviewing and adjusting your plan regularly is essential Listener Questions Answered: How do you plan for cash flow when using income-producing ETFs? What's the best withdrawal strategy for an RRSP? How do you manage a TFSA used as an emergency fund? How does retirement planning differ for couples, especially when one spouse passes away? How often should you review and adjust your retirement plan? Resources & Links: Parallel Wealth YouTube Channel Beavis Wealth YouTube Channel – Second Act Retirement Series CPP Calculator by PWL Capital If you found this episode helpful, don't forget to subscribe, leave a review, and share it with someone who could benefit from better retirement planning!

There are only a few weeks left in RRSP season before tax season kicks into high gear. Add in the marquee tax topic of the year - the capital gains inclusion rate - and you have a full plate of financial decisions to navigate. With tax season around the corner, are you prepared for what's ahead? And how can you make the most of RRSP season? Joining the show today to unpack all this and more, including a look at the latest tax and policy changes, is Fidelity Vice President of Tax and Retirement Research Peter Bowen, and Fidelity Director of Tax and Retirement Research, Michelle Munro. Recorded on February 11, 2025. At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information. For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics' Advisor Digital Experience Study.

Do you want to make the most out of your money this RRSP season? Hear from fellow Canadians on how they feel about this annual practice and learn from industry experts about retirement insights – whether you're early, mid or tenured in your career. We'll be joined by Fidelity's tax and retirement experts Michelle Munro and Jacqueline Power and tax and estate planning expert Giselle de Sousa. Not sure what RRSP season is? Don't worry, you're not alone. Tune in to find out! Remember, working with a financial advisor can provide you with the experience and resources to achieve your goals and make the most of your money. *VIDEO ON!* This video was first released as an episode of Fidelity Canada's “The Upside” investor webcast series.  At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information. For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics' Advisor Digital Experience Study.

Join Ilan Kolet, Institutional Portfolio Manager, to understand how politics will affect your wallet in 2025. Ilan, a former Bank of Canada economist, provides context on how the political noise could affect your investment strategies during RRSP season, and provides an update on Fidelity Managed Portfolios. Also hear from Fidelity Portfolio Managers and leading political experts as they unpack news on both sides of the border. Prime Minister Trudeau's resignation, a looming Canadian election and what's next for fiscal policies. Also President Trump's second term, trade and tariffs and the impact on geopolitics. This video was first released as an episode of Fidelity Canada's “The Upside” investor webcast series.  Recorded February 6, 2025. At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information. For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics' Advisor Digital Experience Study.

Feb 8, 2025 - RRSP deadline contribution advice by VOCM

Are you tired of feeling uncertain about whether to pay yourself with a salary vs dividends from your incorporated business?As a Canadian entrepreneur, you want to keep more of your hard-earned money in your pocket, but conflicting advice on how to structure your income can lead to confusion, overlooked tax advantages, and missed opportunities for long-term wealth. This episode dives into the specific salary benchmarks and dividend strategies you need so you can stop second-guessing and start optimizing your personal and corporate finances.Taking the guesswork out of deciding between salary and dividends can help you address short-term needs like daily expenses and long-term goals like retirement or future expansions. By clarifying which approach fits your unique situation, you'll ensure you're not only meeting today's financial demands but also setting yourself up for a stronger, more secure financial future.You'll learn: Discover the exact salary milestones that unlock extra benefits like CPP and RRSP contribution room.Uncover when dividends might be more advantageous for your situation to reduce immediate tax headaches.Learn proven methods to manage retained earnings so you don't end up overtaxed in the future.Hit play now to learn how to keep more money in your hands and less in the government's.Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass hereBook a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey! https://canadianwealthsecrets.com/discovery Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Most Canadian business owners assume that choosing between salaries and dividends is just a matter of tax optimization, but the truth is, it's a critical decision that impacts everything—from CPP and RRSP contributions to retained earnings, corporate structure, and long-term wealth management. The wrong strategy can stall your net worth growth, limit your passive income, and even delay early retirement. Whether you're focused on active or passive investing, maximizing capital gains, or leveraging compound interest for financial independeReady to connect? Text us your comment including your phone number for a response! Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

In episode 90 of In Her Wallet podcast, I'm tackling one of the biggest financial questions: How do you invest your first $1,000? If you've been wanting to start investing but feel overwhelmed by where to begin, this episode is for you!! I'm breaking down everything step by step—how to define your investment goal, whether to choose a TFSA, RRSP, or FHSA, and the best beginner-friendly options like ETFs, robo-advisors, or individual stocks. Plus, I'll share a funny story about how my husband and I took very different approaches to investing in Uber, and what that taught me about patience in the market. I'll also cover common investing mistakes to avoid, so you can start building wealth with confidence. By the end of this episode (in just 25 minutes…), you'll know exactly where to put your first $1,000 and how to make your first investment. Tune in now and take the first step toward growing your money! Start Managing Your Money Like a Pro with This Tool! Ep50 "How to Not Get (Fin)fluenced with Bad Financial Advice?"

Watch the video on YouTube: https://youtu.be/Au7kORBRPNA

Are you wondering what comes next after maxing out all your tax-efficient investment accounts?If you're a high-income earner who's already filled up your RRSP, TFSA, and other savings vehicles, you may be stuck figuring out the next strategic move to secure both your retirement and your legacy. The question of how to balance optimal returns and future tax liabilities can be overwhelming—especially if you're aiming for early retirement.In this episode, you'll discover a real-world example of an individual facing this exact situation, so you can learn a practical approach to reducing tax burdens, maintaining strong returns, and creating long-term stability for your loved ones. Even if you're comfortable with traditional investing, there are advanced strategies beyond your standard accounts that might be the missing piece in your wealth-building puzzle.Learn how to strategically integrate permanent insurance into your portfolio for enhanced tax and estate planning.Discover the benefits of transitioning part of your portfolio into a more stable, growth-oriented “fixed income” alternative.Uncover the advantages of blending conservative leverage and optimized asset allocation, so you can keep your wealth working at peak efficiency.Start listening now and get the step-by-step framework you need to optimize your investments and protect your family's financial future!Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass hereBook a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey! https://canadianwealthsecrets.com/discovery Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Achieving financial independence retire early (FIRE) requires smart planning, especially when it comes to growing your net worth and generating passive income with a focus on the sequence of returns of your Canadian investment portfolio. For business owners, navigating the complexities of corporate structures, tax implications, and investment strategies can feel overwhelming. From understanding capital gains rules to leveraging life insurance for wealth optimization, the right approach can transReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

New year, new us. (And new Prime Minister, apparently?) On this week's TLDR, we comb through the data to figure out where everyone's been investing their wealth over the past year — and what it tells us about what might be coming up next. And, we look at what the h*ll's been happening in Canadian politics, and why. Plus, journalist Ben Mathis-Lilley talks us through setting ourselves up for financial success in the year ahead.This episode was hosted by Devin Friedman, business reporter Sarah Rieger and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldrThe TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes only. The content in the TLDR Podcast is not investment advice, a recommendation to buy or sell assets or securities, and does not represent the views of Wealthsimple Financial Corp or any of its other subsidiaries or affiliates. Wealthsimple Media Inc. does not endorse any third-party views referenced in this content. More information at wealthsimple.com/tldr.

With the end of the year arriving and the new year starting shortly, there are certain deadlines that you should be aware of every year, from an investment and tax optimization perspective. There are also some elements to keep top of mind as the new year begins. These happen every year, so even if you are listening to this episode years from now, it will still be relevant to you, as these are things to think about and reevaluate every year. Think of this episode as a checklist that you can use every year to help ensure that you aren't missing anything from an investment, tax, and government benefit optimization standpoint. Enjoy the episode! Links from the Episode: My ETF Guide: What I invest in and why (free) My "How to Invest for Canadians Course" What DIY Passive Investing Style is Optimum for You? (video presentation) RESP Guide (Registered Education Savings Plan) Asset Allocation ETFs ZEQT - BMO All-Equity ETF ZGRO - BMO Growth ETF ZBAL - BMO Balanced ETF Active vs. Passive Investing: Interview with S&P Dow Jones Indices (S&P 500) & How to Choose the Right ETFs How to do Nobert's Gambit Guide

How a Canadian family turned $6,000 a year into a lifelong safety net.Are you ready to uncover how Canadian income tax strategies and smart investment planning can create a legacy while fueling your financial growth?In the complex landscape of Canadian income tax and wealth management, many individuals and entrepreneurs struggle to find the right balance between optimizing their investments and securing their future. This episode unpacks a real-life case study of a listener who wanted to diversify their portfolio, manage tax liabilities, and leave a meaningful legacy for their family—without creating a silver spoon scenario.Whether you're an investor, entrepreneur, or someone seeking smart strategies for wealth management, this discussion sheds light on how permanent insurance policies can play a dual role in tax-efficient investment strategies and long-term financial planning. From understanding policy funding flexibility to exploring leverage opportunities, we guide you through actionable insights tailored for Canadians looking to maximize their financial potential.Gain valuable insights into Canadian income tax strategies and how they intersect with smart investment planning.Explore flexible options for permanent insurance policies that align with your entrepreneurial goals or personal wealth management needs.Discover how to create a tax-efficient financial plan that supports both current investments and future legacy planning.Don't miss this episode—unlock practical strategies for optimizing investments, managing Canadian income tax, and building wealth. Visit CanadianWealthSecrets.com to listen now and take control of your financial future!Learn creative, tax compliant strategies that you should be using now: https://canadianwealthsecrets.com/discovery/Resources Business Owners: Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass hereCanadian Wealth Secrets Show Notes PageConsider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Are you ready to optimize your investments, manage Canadian income tax, and build a lasting legacy? In this episode, we explore a real-life case study showcasing smart investment strategies, flexible permanent insurance options, and wealth management insights tailored for entrepreneurs and investors. Discover how to balance current growth with future security while leveraging taReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Send us a textIn this episode of the Women's Wealth Canada Podcast, host Glory Gray shares her personal journey of planning early retirement for her husband, Squatch, using the same strategies she applies with her clients. From assessing household expenses to leveraging RRSPs and mindful saving, Glory breaks down the practical steps that made early retirement a reality.Then, she dives into the 10 Must-Know Answers to Your RRSP Questions, offering valuable insights on:What an RRSP is and how it works.How RRSPs help reduce taxes and build long-term wealth.Contribution limits, deadlines, and withdrawal rules.Special programs like the Home Buyers' Plan and Lifelong Learning Plan.The differences between RRSPs and TFSAs.Whether you're just starting your retirement savings journey or looking for ways to optimize your RRSP strategy, this episode is packed with actionable tips to help you take control of your financial future.Hosted by Glory GrayTake Action:Watch the webinar:

Are you leaving wealth-building opportunities on the table when designing your Canadian financial plan? Isn't this the question we constantly ask ourselves? Is it the question that keeps you up at night? What if you could turn your financial strategy into a money-making machine while protecting your legacy?In today's episode, we dive into a case study that speaks to a challenge many high-income earners face: how to efficiently grow and protect wealth while minimizing tax liabilities. For Canadians juggling multiple investments and wondering if they're leveraging their financial tools to their fullest potential, this discussion unpacks a unique solution—permanent life insurance with high early cash value.Whether you're navigating a mix of RRSPs, TFSAs, real estate, or equities, it's easy to overlook how a properly designed insurance policy can complement your portfolio. This episode explores a specific listener's financial situation to illustrate how this tool can act as a pass-through structure, unlock investment opportunities, and safeguard your legacy.Discover how to create a "life equity line of credit" that allows you to use your dollars in multiple places at once.Learn how a permanent life insurance policy can serve as a conservative fixed-income alternative in your portfolio for long-term stability.Explore how this strategy can manage future tax liabilities while ensuring a significant legacy for your family or causes you care about.Click play now to uncover whether this strategy could unlock hidden opportunities in your financial plan!Book a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey! https://canadianwealthsecrets.com/discovery Resources Canadian Wealth Secrets Show Notes PageConsider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Are you maximizing your wealth-building potential or leaving money on the table? In this episode of Canadian Wealth Secrets, we dive into tax-efficient wealth strategies like permanent life insurance with high early cash value. Learn how tools like a life equity line of credit (LEELOC) can create opportunities for high-income earners, young families, and T4 employees to grow their financial freedom while preparing for future tax liabilities. Whether you're navigating the Smith maneuver or looking for alternatives to fixed-income portfolioReady to connect? Text us your comment including your phone number for a response! Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

What if you could unlock an extra $200,000 in net worth and add millions to your Canadian Investing Strategy and estate, simply by restructuring how you invest?Many Canadian investors struggle with the balance between maximizing returns and minimizing risk. Whether you're putting money into stocks, real estate, or private investments, it's common to wonder if you're truly leveraging your resources effectively. For those playing the investment long game, the idea of creating “free money” while growing your wealth conservatively might seem too good to be true—but it's not.In this episode, we explore a unique strategy designed for Canadian business owners, investors, or entrepreneurs looking to optimize their portfolio beyond traditional methods. Through careful planning and leveraging tools like participating whole life insurance, this approach can create compounding benefits that build significant wealth over time. If you've ever thought about how to protect and grow your assets simultaneously, this episode offers the clarity you need.Discover how a pass-through investment structure can safely amplify your wealth.Learn why this strategy isn't about taking risks but about building sustainable, long-term returns.Uncover the benefits of leveraging whole life insurance to grow multiple assets while minimizing taxes.Don't miss this opportunity to transform your approach to investing—click play now to unlock the secrets to smarter wealth-building strategies!Learn creative, tax compliant strategies that you should be using now: https://canadianwealthsecrets.com/discovery/ResourcesCanadian Wealth Secrets Show Notes PageConsider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.If you're a high earner or entrepreneur looking for a safer way to grow your wealth, minimize taxes, and create financial options for the future, this strategy could be your game-changer. Forget risky moves—this is about leveraging a proven, low-risk approach to compound your assets over time. If your net worth is climbing toward $2M or more, and you're tired of leaving money on the table with outdated methods, this episode is a must-listen.Ready to connect? Text us your comment including your phone number for a response! Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Are you maximizing the use of your RRSP contributions, or could you be missing out on tax savings and wealth-building opportunities?In this episode, Kyle Pearce and Jon Orr dive into innovative strategies for making the most of your RRSP. Many Canadians contribute to their RRSPs but miss out on advanced techniques to save even more on taxes and grow their investments faster. Whether you're a high-income earner, a solopreneur, or a professional with variable income, this episode explores how you can supercharge your RRSP in a tax-efficient way.With insights for those comfortable with debt and leverage, as well as for more conservative planners, this episode will guide you through building a safe, flexible wealth strategy that aligns with your unique financial picture.Learn how to leverage your RRSP for maximum tax efficiency and long-term growth.Discover innovative funding strategies that utilize home equity or permanent insurance without compromising safety.Get step-by-step guidance on tailoring RRSP strategies for various income levels and financial goals.Listen now to gain insights on creating a tax-efficient, wealth-building RRSP plan tailored to your needs!ResourcesCanadian Wealth Secrets Show Notes PageConsider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Are you ready to retire early and reach financial freedom with a strategy that goes beyond the basics of RRSPs and pension plans? In this episode, we dive into Canadian investing insights on maximizing your RRSP for retirement and financial independence (FIRE) while minimizing income taxes. We cover everything from infinite banking and participating whole life insurance to universal life insurance and estate planning, contrasting popular advice from figures like Dave Ramsey. Whether you're interested in building wealth through the "bank on yourself" concept or structuring a tax-efficient path to financial independence, this episode has actionable insights to help you get there.Ready to connect? Text us your comment including your phone number for a response! Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

In this Coinfessions episode of Don't Go Broke Trying, Reni addresses common questions and doubts about investing in the stock market. She breaks down myths, fees, and essential strategies for safe and affordable investing. Covering topics like self-directed investing, low-fee platforms, fractional shares, and mindset shifts, Reni shares actionable tips to help you start investing without financial stress. Tune in for practical advice on starting with what you have, growing your portfolio, and making smart, informed decisions for financial stability. Timestamps 3:10 I'm skeptical about self-directed investing through a bank! 8:50 I have $50k from my crypto success 13:14 Should I take money out of my RRSP to build my emergency fund? 20:15 I currently invest $1300 biweekly in registered accounts - where else can I invest? 26:40 What are the different types of investment options? 35:08 What are your startest investments til date? Investing course: https://www.stackmydime.com/smd2-0?ref=https%3A%2F%2Fwww.stackmydime.com%2Fa%2F2147635341%2FShZ58Qov RRSP Explained: https://youtu.be/PVTlxjydptQ?si=0E1BJxizklG4G2eN Connect With Us! Follow the podcast on Instagram: ⁠⁠⁠⁠@dontgobroketrying⁠⁠⁠⁠ Follow Reni on Instagram:⁠ ⁠⁠⁠@xoreni⁠⁠⁠⁠ Visit our website: ⁠⁠⁠⁠https://renitheresource.com/category/podcast/⁠⁠⁠⁠ Follow on Twitter: ⁠⁠⁠⁠https://twitter.com/dgbtpod⁠⁠⁠⁠ Subscribe to Reni's YouTube: ⁠xoreni⁠

Are you confused about whether to keep contributing to your RRSPs or shift your focus to other wealth-building strategies? In this episode, we dive deep into the ongoing debate between RRSP contributions and alternative investment strategies. Many Canadians, especially business owners and T4 employees, find themselves torn between the seemingly conflicting advice on how to plan for retirement and reduce taxes. Balancing between these financial tools can be overwhelming, especially when each expert seems to have a different opinion.The truth is, every financial plan is unique, and your strategy should align with your specific goals, lifestyle, and income structure. This episode is designed to help you understand when RRSPs make sense and when they may not be the best fit, ensuring that you can make informed decisions to protect and grow your wealth.Learn how to strategically use RRSPs to maximize tax savings without locking yourself into rigid financial options.Discover how a combination of RRSPs, whole life insurance, and other tools can give you flexibility in both your personal and business finances.Understand key factors in deciding whether to focus on RRSPs or other wealth-building strategies, depending on your income and retirement plans.Don't wait—listen to the episode now and gain the clarity you need to make the best financial decisions for your future!ResourcesCanadian Wealth Secrets Show Notes PageLearn creative, tax compliant strategies that you should be using now: https://canadianwealthsecrets.com/discovery/Consider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Are you working toward retirement or aiming to retire early with a solid pension plan or RRSP strategy? In this episode, we break down how to achieve financial independence and financial freedom, whether you're following the FIRE movement or exploring Canadian investing options like infinite banking or participating whole life insurance. We'll discuss how to bank on yourself using permanent or universal life insurance while minimizing income taxes and planning your estate. Whether you're a fan of Dave Ramsey or prefer a customized approach, this episode will help you build a smart, tax-efficient wealth plan!Ready to connect? Text us your comment including your phone number for a response! Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Welcome to the one hundred and twenty fifth episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat. In today's Expat Chat we talk about can you rollover your foreign pension and retirement savings into a Australian superannuation account. When we live and work overseas there is a good chance you will accrue some form of retirement savings. Some of these savings could include a UK pension, 401k from the US, RRSP from Canada, Provident Fund in Hong Kong, CPF in Singapore, End of Service Benefit in the UAE and many more. However it isn't always so simple just to take your foreign retirement savings and place it in your super fund. There are complications on where the funds are coming from, and the local jurisdictional rules, as well as how those funds are categorised when they enter Australia. In this episode we run through the following topics: • What is classified as a foreign pension? • Can I just move my foreign retirement savings into my superannuation? • What Australian rules apply to those funds entering Australia and my super account? Links that we discussed in this episode include: • Upcoming events - https://atlaswealth.com/events • Facebook Group - Australian Expat Financial Forum Facebook Group - https://www.facebook.com/groups/Australianexpatfinancialforum • Ask Atlas - Have your questions answered on the podcast by clicking this link - https://atlaswealth.com/news-media/australian-expat-podcasts/questions-or-feedback-for-the-expat-podcast/ • Expat Mortgage Podcast - https://atlaswealth.com/news-media/australian-expat-podcasts/expat-mortgage-podcast/ If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below. Atlas Wealth Management is a specialist in providing tax financial planning advice to every Australian #expat. Whether you are based in Asia, the Middle East, Europe or the Americas, we have the experience in providing wealth management and planning services to the expatriate community. Atlas Wealth Management was born out of the demand from expats who wanted a financial adviser to help them navigate the tax and financial maze of living abroad as well as assisting them make the most out of their time overseas. To find out more about Atlas Wealth Management and how we can help Australian expats please go to https://www.atlaswealth.com. Make sure you connect with us on our respective social media channels: Facebook: www.facebook.com/atlaswealthmgmt LinkedIn: www.linkedin.com/company/atlas-wealth-management Twitter: www.twitter.com/atlaswealthmgmt Instagram: www.instagram.com/atlaswealthmgmt

Are you prepared for a financially secure retirement, or are you leaving your future to chance?In this episode of the Canadian Wealth Secrets podcast, Jon Orr and Kyle Pearce delve into the crucial steps needed to achieve financial independence and secure your retirement. They explore your FIRE (Financially Independent Retire Early) number or FIRN (Financially Independent Retirement Number). Whether you're just starting your financial journey or are close to retirement, their insights will help you build a robust plan that aligns with your lifestyle goals.Discover how to calculate your "fire number" (FIRN) and understand the amount needed to retire comfortably.Learn practical strategies for asset accumulation and the importance of a solid decumulation plan.Gain valuable insights into setting and regularly reviewing your financial goals to ensure you're on track for a secure retirement.Listen to this episode now to take control of your financial future and start building a retirement plan that ensures your financial independence!Resources Canadian Wealth Secrets Show Notes PageConsider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Are you prepared for retirement? In this episode of the Canadian Wealth Secrets podcast, Jon and Kyle discuss essential strategies for financial freedom, including understanding your pension plan, maximizing RRSP contributions, and calculating your "FIRE" number. They also explore Canadian investing, income tax strategies, infinite banking, and the benefits of participating whole life insurance. Learn how to minimize taxes, plan your estate, and navigate advice from experts like Dave Ramsey. Don't leave your future to chance—start building a secure retirement today!Ready to connect? Text us your comment including your phone number for a response! Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

How can the Rational Reminder Podcast get even better? By bringing back one of its most beloved voices, Dan Bortolotti, also known as "The Spud." In this exciting episode, hosts Ben Felix, Cameron Passmore, and Mark McGrath announce that Dan, the mind behind the Canadian Couch Potato Podcast, will now be a regular guest, contributing segments like "Bad Investment Advice" or "Ask the Spud.” Before Dan joins the conversation, we have an insightful discussion with Håkon Kavli, CIO of Reitan Kapital. Håkon shares how his team manages the wealth of one of Norway's most prominent families, comparable to Canada's Weston family. We discuss Reitan Kapital's evidence-based investing approach, their robust methods for overcoming portfolio optimization challenges, and much more. Håkon also sheds light on their upcoming investing conference in Norway, featuring speakers like our very own, Cameron Passmore, and Marcos López de Prado. Following this, Dan kicks off his return by dissecting an article that advocates going all-in on the QQQ ETF in an RRSP, exposing the dangers of such a concentrated and risky strategy. He contrasts this approach with the wisdom of diversifying across global markets, using examples like Vanguard's VEQT ETF, which offers exposure to over 13,000 stocks worldwide. Additionally, if you're a financial advisor interested in joining a planning-focused, fiduciary firm like PWL Capital, we encourage you to reach out. Our team is growing, and we're looking for like-minded individuals to join our mission. Tune in for a rich mix of expert advice, thoughtful discussions, and exciting announcements! Key Points From This Episode:   (0:00:28) Announcements: a new regular guest, PWL's call for like-minded advisors, and more. (0:04:15) Introducing Håkon Kavli, the Reitan family, and the origins of Reitan Kapital. (0:08:06) Reitan Kapital's investment philosophy and asset allocation strategy. (0:10:29) The biggest differences between a Reitan Kapital portfolio and a market portfolio. (0:13:19) Capital market assumptions; how they influence Reitan Kapital's investment process. (0:20:38) Portfolio optimization challenges and Reitan's robust methods for addressing these. (0:35:06) The role of private equity in a diversified portfolio and how it differs from public equity. (0:38:40) Fee structure significance in private equity investments and their impact on returns. (0:40:38) Risks associated with private equity and how they compare to public markets. (0:43:36) Reitan Kapital's view on how private equity fits into a diversified portfolio. (0:49:08) Challenges of investing in private equity for retail investors.  (0:50:26) Why so many institutions and firms have substantial allocations to private markets. (0:53:58) An overview of the research Håkon is most excited about. (0:56:20) Details for the upcoming conference in Norway, featuring Cameron Passmore. (0:59:16) Dan's Bad Investment Advice segment; going all-in on the QQQ ETF in an RRSP. (01:13:12) Our aftershow segment: listener feedback, our next meetup in Ottawa, a shoutout to Jason Pereira, and more.   Links From Today's Episode: Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/  Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://x.com/RationalRemindRational Reminder on TikTok — www.tiktok.com/@rationalreminder Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.caBenjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/  Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/ Cameron on X — https://x.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Mark McGrath on LinkedIn — https://www.linkedin.com/in/markmcgrathcfp/ Mark McGrath on X — https://x.com/MarkMcGrathCFP Dan Bortolotti — https://www.canadianmoneysaver.ca/authors/dan-bortolotti Dan Bortolotti on LinkedIn — https://www.linkedin.com/in/dan-bortolotti-8a482310/ Canadian Couch Potato Blog — https://canadiancouchpotato.com/ Canadian Couch Potato Podcast — https://canadiancouchpotato.com/podcast/ Episode 308: Dan Bortolotti — https://rationalreminder.ca/podcast/308 Håkon Kavli on LinkedIn — https://www.linkedin.com/in/haakonkavli/ Reitan — https://reitan.no/no Reitan Kapital — http://www.reitankapital.no/ Weston — https://www.weston.ca/en/Home.aspx Marcos Lopez de Prado — https://www.orie.cornell.edu/faculty-directory/marcos-lopez-de-prado Antti Ilmanen — https://www.aqr.com/About-Us/OurFirm/Antti-Ilmanen Episode 224: Prof. Scott Cederburg — https://rationalreminder.ca/podcast/224 Sharpe ratio — https://www.investopedia.com/terms/s/sharperatio.asp Episode 210: Prof. Ludovic Phalippou — https://rationalreminder.ca/podcast/210 Reitan Kapital Conference — ‘An interesting RRSP idea – all in on QQQ?' — https://www.tawcan.com/all-in-on-qqq/ VEQT Vanguard All-Equity ETF Portfolio — https://www.vanguard.ca/en/investor/products/products-group/etfs/VEQT Mark Mid Graph on X — Jason Pereira — https://jasonpereira.ca/ Papers From Today's Episode:  ‘Estimating Private Equity Returns from Limited Partner Cash Flows' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2356553 ‘Mutual Fund Flows and Performance in Rational Markets' — https://www.nber.org/papers/w9275 ‘What are Stock Investors' Actual Historical Returns? Evidence from Dollar-Weighted Returns' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=544142

Which account should you choose, a registered retirement savings plan (RRSP) or a Tax-free savings account (TFSA)? This is one of the most common decisions that Canadians must make when it comes to investing, but it will also elicit some of the most passionate responses. RRSPs especially get a lot of undue skepticism, with some even labelling it as a scam. Today we take a deep dive into both of these savings accounts, exploring the downsides and benefits of each, and how to decide which account is right for you based on your savings goals. With the help of Conquest Planning, a specialized, in-depth modelling tool, we look at a range of scenarios incorporating different variables, like income and family size, and break down our analysis regarding the RRSP vs. TFSA decision for each scenario. We discuss key factors to consider, including the basic personal amount tax credit, which allows RRSPs to act as a tax flow-through, and the guaranteed income supplement (GIS), which can impact retirement planning. Our conversation also examines how to approach family size and longevity, as RRSPs become more advantageous with longer lifespans. Join us today to learn about the benefits and flexibility of each of these accounts, the surprising ways RRSPs often outperform TFSAs, and find out which one is right for you! Key Points From This Episode:   (0:00:20) An introduction to the RRSP vs. TFSA debate. (0:08:11) How we used the Conquest Planning tool and the scenarios we analyzed. (0:10:34) Taxation and contribution considerations and strategies for RRSPs and TFSAs. (0:20:11) An analysis of scenario one; $60,000 income and no children. (0:22:38) Basic personal amount tax credit; how it allows RRSPs to act as a tax flow-through. (0:27:20) The Guaranteed Income Supplement (GIS) and its impact on RRSP vs. TFSA analysis in different scenarios. (0:36:16) How GIS is tied to Old Age Security (OAS) payments. (0:41:12) An analysis of scenario two; a couple with two children, and the impact of the Canada Child Benefit on RRSP vs. TFSA contributions. (0:45:21) The impact of mortality and longevity on RRSP and TFSA in various scenarios. (0:47:01) Main takeaways from today's scenarios and the advice our hosts would give to different clients regarding TFSAs and RRSPs. (0:50:50) Why RRSPs are of greater benefit if you live longer compared to TFSAs. (0:52:13) Our aftershow section: listener feedback, what Ben is working on regarding renting versus buying, the zombie apocalypse, and more.   Links From Today's Episode: Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/  Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://x.com/RationalRemindRational Reminder on TikTok — www.tiktok.com/@rationalreminder Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.caBenjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/  Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/ Cameron on X — https://x.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Mark McGrath on LinkedIn — https://www.linkedin.com/in/markmcgrathcfp/ Mark McGrath on X — https://x.com/MarkMcGrathCFP Brady Plunkett on LinkedIn — https://www.linkedin.com/in/brady-plunkett-712489105/ Lukas Fleck on LinkedIn — https://www.linkedin.com/in/lukasfleck/ Flossing for your Finances, Personal Financial Strategies for Dentists — https://us06web.zoom.us/webinar/register/9017236574029/WN_7O_JdvejRhmh-_LleBNRmQ#/registration Episode 317: Kevin Milligan — https://rationalreminder.ca/podcast/317   Papers From Today's Episode:  ‘Tax Uncertainty and Retirement Savings Diversification' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2799288