For most of your working life, the playbook was clear: earn, save, invest, and don’t touch. That discipline is a big part of why you’re in a strong position today. But retirement asks something different of you. The accounts you spent decades filling...
You’ve spent years contributing to your Registered Retirement Savings Plan (RRSP). You’ve probably watched it grow and thought, Now what? When should you start withdrawing? How do RRSP withdrawals affect your taxes, government benefits, and overall retirement...
If you have a Life Income Fund (LIF), you know it comes with rules—specifically, limits on how much you can withdraw each year. While these limits are designed to ensure your retirement savings last, they can feel restrictive when you need more flexibility. Good...
I’m thrilled to share that Megan Rooney has officially been promoted from Head of Business Initiatives to Managing Partner. It’s a moment we’re all incredibly proud of, not just because of what it means for Megan but for what it represents in our industry. A look...
First things first—I’m not retiring. The content I’ve been sharing lately has been about me letting go of some control at Steward Group, but I’m not going anywhere yet. I’m still as committed as ever to Steward Group, our clients, and our team. But as I mentioned...
As a Senior Wealth Advisor with over 30 years under my belt, I thought I had it all figured out. But I recently learned a tough lesson I won’t forget anytime soon—and it’s one that I think every entrepreneur needs to hear. We lost a client I’d worked with for 34...
In the ever-evolving world of investment, it’s crucial to stay ahead and safeguard your financial interests. That’s where the role of a Trusted Contact Person comes into play — a proactive step in protecting your financial health. Understanding the...
Rob Knight loves being a visionary – especially now that he has a new hire who ensures that his best ideas are integrated with his growing firm. “We hired a head of strategic initiatives from another industry late last fall, and she is an absolute rock star who is...
One of the greatest things about a Registered Retirement Income Fund (RRIF) is that it is a key piece of your retirement portfolio. You can view it as an extension of your Registered Retirement Savings Plan (RRSP). Before transitioning to your RRIF, you use your...
How you can receive a tax credit on $2,000 of your pension income If you are receiving eligible pension income, you may be entitled to claim both a federal and a provincial/territorial tax credit. The federal non-refundable pension income tax credit is on the first...
