Jack Lumsden, MBA, CFP®, is a Financial Advisor with Assante Financial Management Ltd. focused on who are or will be making the transition from their working years to retirement.
As a retiree, there are a few tax credits you should be aware of which may reduce your tax bill. Some will require action and should be reviewed annually.
One of the most important decisions a retiree must make is how to create an income and cash-flow strategy from the financial assets they have accumulated.
Old Age Security (OAS) is an income benefit that is paid to Canadians once they reach the age of 65. This article discusses strategies to avoid any clawbacks.
Unfortunately, as you age, you may have increased health care and medical costs that are not paid for by the government.
Who you named as a beneficiary can be easily forgotten. Review your beneficiaries to make sure that the designations match your entire estate plan.
A common question is should I transfer the ownership of my house or investment account into joint ownership with my children to avoid probate fees?
Understanding your financial situation is a critical first step in choosing a financial advisor.
Over the long term, taxation and inflation reduces your real purchasing power.
A common question that we receive every year prior to the RRSP deadline is should we take advantage of our unused RRSP contribution limits?
Estate planning helps ensure a stress-free transition of your assets to the next generation or intended beneficiaries.
All too often we set insurance policies aside in a file drawer and forget that some items in them need to be reviewed from time-to-time.
Everyone is exposed to some type of risk every day – whether it’s from driving, walking down the street, investing, capital planning, or something else.
Jack Lumsden, MBA, CFP®, is a financial advisor with over twenty years of experience. He has enjoyed building a strong career and loyal client base.
You cannot plan wisely for the future without knowing where you are financially today.
A financial planner professional helps you organize your finances and projects the results of your savings and investments in preparation for retirement.