RRSP Withdrawals: Timing is Everything

by Patrick Wilson | Feb 11, 2025 | Advice & Info for Everyone, Business Owners & Entrepreneurs

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 income?...

Discretionary Management: The MVP of Your Financial Team

by Patrick Wilson | Feb 4, 2025 | Business Owners & Entrepreneurs

Managing your investments can feel like watching your first Superbowl game—overwhelming, confusing, and frustrating when you don’t understand how it all works. Should you buy more stocks? Sell before the market dips? How do you know when to act? Why are there so many...

How to Gain Flexibility with Your LIF

by Patrick Wilson | Jan 31, 2025 | Advice & Info for Everyone, Business Owners & Entrepreneurs

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...