Myownadvisor.ca

Square Foot Gardening 101

WebI have been square foot gardening (sans the fancy little wood slats) for several years. This year one of my two 8×4 ft beds was infested with bermuda grass (the …

Actived: 9 days ago

URL: https://www.myownadvisor.ca/square-foot-gardening-101-investing-in-your-health/

Retirement Income for Life

WebJust a minor point re. age at retirement. Many years ago (about 50!) Treasury Board issued a memo to all federal employees stating that, according to their statistics, …

Category:  Health Go Health

Healthcare Insurance Benefits for Retirees in Canada

Web80% of the cost of prescription drugs up to a maximum of $5,000 per person per year. 80% of basic dental services up to a maximum of $1,200 per person per year …

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Health is wealth – don’t forget this when planning for retirement

WebI have developed The 10 – Step Long Term Care Planner, which includes the following advice: Understand what illnesses you have/may face as you age; look after …

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What is a Financial Plan and what should it cover

WebFinancial Planning 101. In my book, I feel the following are good elements of any comprehensive financial plan to review on some periodic basis: Goal setting. How …

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Dividend Growth Investing Made Easy with ETFs

WebLet’s check out a few popular ETFs that invest in and hold many dividend stocks. 1. Vanguard High Dividend Yield ETF (VYM) VYM has over 400 individual …

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The Essential Retirement Guide – Review and Giveaway

WebChapter 1 – The Road to Retirement shares six simple steps to success but also lists detours to avoid, if at all possible. For the curious, the six recommended steps …

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3 Big Fat Myths about Critical Illness Insurance

WebWell, the answer could be one of two things. First, critical illness insurance can be used as an emergency fund. If you get taken out of work due to contracting a covered …

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The costs of elder care in Canada

WebThe range I suggest (all based the 300+clients I’ve served) is $1500 to $4000 per month for eldercare costs, which includes everything from personal care, …

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Age 60, retirement on a lower income – can I do it

WebCPP: Assume 35 years of full CPP contributions (ages 25-60) and a few years with partial contributions. CPP at age 60 = $8,580/year. CPP at age 65 = …

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The definitive answer to paying down your mortgage or investing

WebBy paying down your mortgage early, you will save thousands of dollars in interest costs. Certainly the higher the borrowing costs, the greater your potential savings …

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What does our post-pandemic future look like

WebImages courtesy of iShares site. In our COVID-19 context, you should know the U.S. government in particular has already given Johnson & Johnson hundreds of …

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Why we want a $10,000 emergency fund

WebThe second reason why we want $10,000 in our emergency fund – it provides us with financial flexibility. If, rather, when something goes wrong with my 12 year-old …

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Should I take the commuted value of my pension

WebFor every $1,000 earned per month in payments, that CV (Commuted Value) pension is likely worth ~ $180,000 in present value dollars. So, If your DB pension pays …

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This is insane, you don’t need $5 million to retire

Web84,489. Most retirees don’t need $90k per year to live from though. After the mortgage debt is gone, kids have left the house and actually saving for retirement is no …

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What to consider when workplace benefits are disappearing

WebWhat to consider when workplace benefits are disappearing. Workplace health and dental benefits don’t get as much love as they should. To borrow a line from …

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Early 90s, sold the home, now what

WebSummary. These of course are just two options of many that could be offered to this aging Boomer parent. We believe however, these are likely the best options of the …

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