Skip to main content
 
  • Phone: 416.838.3617
  • Portfolio Strategies Client Login
  • Fidelity Investments Client Login

  • Home
  • About
    • About Nathan
    • Our Process
    • Who We Serve
  • Services
    • Investments
    • Insurance
    • Tax-Efficient Solutions
  • Case Studies
    • The Entrepreneur
    • The Doctor
    • The Executive
  • Newsletter
  • Free Gift
  • Contact

 

    You are here

  1. Home
  2. Retirement Planning

Retirement Planning

Receiving an Inheritance

Submitted by Parkhouse Financial / Portfolio Strategies Corporation on April 19th, 2017

How to Make the Most out of an Inheritance

Inheriting a significant estate can be a bittersweet experience. Typically, the passage of wealth comes with the passing of a loved one.

Tags:
  • Estate Planning
  • Inheritance
  • Retirement Planning
  • Read more

Our Services

Submitted by Parkhouse Financial / Portfolio Strategies Corporation on November 17th, 2016

Consider this…

More than half of your income may be consumed by taxes. And if that weren’t enough, you then pay tax again on the money you invest.

Welcome to taxation in Canada.

Tags:
  • Our Services
  • Retirement Planning
  • Tax-Efficiency
  • Read more

Accessing Your Retirement Assets with Minimal Taxation

Submitted by Parkhouse Financial / Portfolio Strategies Corporation on May 12th, 2016

Protecting the financial well being of your family can also help you achieve the retirement lifestyle you deserve

 

We generally think of RRSPs and Pensions when we think about retirement.  Many of us will rely on these types of plans along with government sponsored pensions, such as the Canada Pension Plan and Old Age Security, as our main sources of retirement income.

The Problem: Taxation

The biggest retirement income challenge with RRSPs, Pensions, Government Pensions and LIRAs (pensions transferred from a former employer) is that all of the income withdrawn from these types of registered plans has yet to be taxed.  As such, income received in a retiree’s hands is fully taxable.

Tags:
  • Retirement Planning
  • RRSPs
  • Tax-Efficiency
  • TFSAs
  • Read more

The Worst Retirement Solution Ever

Submitted by Parkhouse Financial / Portfolio Strategies Corporation on May 28th, 2015

When it comes to retirement, our expectations for our target retirement age are continuously reflecting the reality that:

A – We will live longer…so we’ll need more money to fund our retirement

B – We want to travel more…so we’ll need more money to fund our retirement

C – Our adult children will continue to depend on us financially…so we’ll need more money to fund our retirement

Tags:
  • Retirement Planning
  • Read more

A Simple Wish or a True Goal?

Submitted by Parkhouse Financial / Portfolio Strategies Corporation on May 14th, 2015

    Which type of goal planner are you:

A) The “do-nothing type”, because the alternative is too scary, i.e. reality

                      OR

B) The “over-analyzer”, to ensure you “get it right”, right down the last minute detail.

Either way, it’s crucial to understand the difference between a simple Wish and a true Goal.

Tags:
  • Retirement Planning
  • Read more

The Rising Power of the TFSA: Are RRSPs even relevant anymore? (by Jonathan Chevreau)

Submitted by Parkhouse Financial / Portfolio Strategies Corporation on February 20th, 2015

fp0218_rrsp_web_0.jpgNow that most Canadians and their advisers have gotten the message across about the rising power of tax-free savings accounts (TFSAs), some are beginning to question whether RRSPs are even relevant anymore.

In a nutshell, they are, at least for the vast majority of people still working and trying to put aside some money for retirement.

However, there is no ‘one size fits all’ retirement plan.  Plans should vary depending on a number of factors including, your age, lifestyle, debts, etc.

Tags:
  • Retirement Planning
  • RRSPs
  • Tax-Efficiency
  • TFSAs
  • Read more

4 Steps to Developing Your Retirement Income Plan

Submitted by Parkhouse Financial / Portfolio Strategies Corporation on April 2nd, 2014

The #1 Roadblock preventing many people from ever creating a successful retirement strategy is visualizing life without having to work.

Most struggle to visualize life after no longer needing to get up for work in order to feed the family, pay the mortgage, etc.

The result?  Frustration.

And, the anxiety that goes hand in hand with not knowing what lies ahead.

Tags:
  • Retirement Planning
  • Read more

5 Key Risks to Retirement Income Planning

Submitted by Parkhouse Financial / Portfolio Strategies Corporation on October 21st, 2013

Planning for your ideal retirement requires an understanding of the five key risks that can threaten your retirement income:

1 - Longevity: the risk of outliving your savings.

2 - Inflation: the potential for rising consumer prices to erode your purchasing power.

3 - Asset Allocation: the problems that could result from choosing the wrong investment mix, i.e. improper allocation between equities, bonds and short-term securities for your retirement.

Tags:
  • Retirement Planning
  • Read more

What will your retirement look like?

Submitted by Parkhouse Financial / Portfolio Strategies Corporation on October 16th, 2013

Envisioning your retirement takes careful thought and planning.

Be sure to consider the following for your retirement vision:

- Where do you plan to live?

- How will you stay connected to people that are important to you?

- How do you want to spend each day, from morning through night?

Tags:
  • Retirement Planning
  • Read more

Categories

  • Asset Allocation (1)
  • Education (4)
  • Estate Planning (1)
  • Inheritance (1)
  • Investments (6)
  • Market Commentary (6)
  • Newsletter (2)
  • Our Services (4)
  • Retirement Planning (9)
  • Risk Management (2)
  • RRSPs (5)
  • Tax-Efficiency (5)
  • TFSAs (5)
  • Volatility (5)

Contact Us

Tell a Friend

121 King Street West, Suite 2140, Toronto, Ontario, M5H 3T9 Canada | Phone: 416.838.3617

Mutual funds and exempt securities are offered through Portfolio Strategies Corporation. Other products and services are provided through Parkhouse Financial. 

 

© 2023 Parkhouse Financial. All rights reserved.

Website Design For Financial Services Professionals