The message of this article is (unfortunately) universal right now: “don’t touch your face, don’t touch your (edit: 401k) RRSP.”


Click here to read the full article on Today

Long ago, I resigned to the fact that I am in charge of very little in my life. Markets will move up and down with little input from me. Viruses will spread across countries and continents in a manner beyond my control. But for many years we have been told that the one thing we have influence over is our own response to stressors such as markets and health crises and that these responses can have a very significant impact on our health. Here is an article that explains how our perceptions of external stressors and our reaction to them can affect how we age.


Click here to read the full article on TED Ideas

One of the most contentious issues for separating spouses and common-law partners is how to support two households when many had difficulty managing one. In costly cities such as Toronto and Vancouver, purchasing separate properties can be down-right impossible. A recent change to the treatment of the Home Buyer’s Plan upon relationship breakdown may ease the burden.


Click here to read the full article on The Common Sense Divorce

Planning for your aging years is a big part of what we do. Aside from increasing my clients’ budget to accommodate the costs of assisted living or personal supports, there are other considerations that we discuss in our meetings. Among these is the issue of whether the current home is suitable for “aging in place” (a term used to express one’s desire to age in their home rather than moving to a retirement residence) and how the client will stay vital and engaged when he or she steps away from the workforce. I often use a phrase that the authors used: “make sure that you are retiring to something and not from something”.

Perhaps the greatest takeaway from this article is the idea many of these decisions should be made years in advance – or “with a cool head” as I usually refer to it. This helps to avoid a crisis when someone suddenly falls ill. I also encourage family meetings on some of these topics so that the family members can understand what you expect of them and what is important to you before they are put in the position to make decisions for you.


Click here to read the full article on Forbes

When purchasing our first life insurance policy, most clients choose term insurance because they are concerned with protecting their dependents and the cost of premiums. Upon further reflection, many will opt for a permanent insurance product that will both protect and help to create or preserve wealth. This article does a fine job of explaining the multi-faceted benefits of permanent insurance.


Click here to read the full article on The Globe & Mail

While I don’t expect or aspire to reach the wealth achieved by the likes of Bill and Melinda Gates and Warren Buffett, I love this article’s message of optimism for the future. The article talks about philanthropic opportunities as “summoning the moment of lift for human beings”. I can’t think of any better way to usher in the new year and a new decade.


Click here to read the full article on Fortune

You purchase home insurance to protect you from catastrophic losses, such as an all-consuming house fire, or a massive back-up of sewage water in your basement. But did you know your everyday home insurance policy can often protect you for perils that are not always so obvious?


Click here to read the full article on Romana King’s Blog

Although we like to focus on the joy and excesses of the season, a year-end must remind us of some looming deadlines as well. With increasing wealth accumulated in RRSP and RRIF accounts and their punitive tax treatment upon death, it is important to note that there are some time-limited rules that must be respected when distributing funds from the deceased’s registered accounts. Delays could tamper with the spousal and qualifying beneficiary rollover provisions and should be avoided wherever possible.


Click here to read the full article on Advisor’s Edge

People have long understood that a goal with a short-time frame and a tangible benefit has a greater likelihood of being achieved than one that will take years to achieve. This article links successfully achieving a goal with being in a sentimental mindset when you undertake the commitment required to achieve the goal. That got me thinking: what would you bring to a meeting with me to put you into the right sentimental mindframe for a financial goal? Your passport? A photo of a home or car? A photo of your parents are your post-secondary convocation?


Click here to read the full article on Wealth Professional

Giving Tuesday has become a world-wide phenomenon promoting philanthropy alongside the excesses of Black Friday and Cyber Monday. Usually, the emphasis is on the tax benefits for individuals and explains the use of the donation tax credit. This article focuses on corporate philanthropy as a way of aligning corporate and client values. Read on!


Click here to read the full article on Reuters