Please enable JavaScript in your browser.Estate PlanningAdvertiser DisclosureShould you have a lawyer prepare your will, or is a do-it-yourself will kit adequate? This is one of the most common questions I get from clients.I get it; everyone likes a good deal. A lawyer will charge hundreds of dollars for a will, power of attorney and living will.kits can be tempting – until you know the risks.I advise my clients to deal with a lawyer instead of using one of the many kits that are available. In my opinion, the small savings aren’t worth it. Make a mistake and your will could be invalid or...…Please enable JavaScript in your browser.Estate PlanningAdvertiser DisclosureShould you have a lawyer prepare your will, or is a do-it-yourself will kit adequate? This is one of the most common questions I get from clients.I get it; everyone likes a good deal. A lawyer will charge hundreds of dollars for a will, power of attorney and living will.kits can be tempting – until you know the risks.I advise my clients to deal with a lawyer instead of using one of the many kits that are available. In my opinion, the small savings aren’t worth it. Make a mistake and your will could be invalid or...WW…

Please enable JavaScript in your browser.Retirement IncomeAdvertiser DisclosureWhen you retire, you will need to switch your thinking from being a saver to being a spender. The trick is to balance your withdrawals from spending too little and potentially dying with too much money and spending it so quickly that you run out of money.The term that describes how much money you take out of your portfolio is the withdrawal rate. It is the amount of income that you are going to draw off your investments.  If you have $100,000 in your portfolio and you have a withdrawal rate of 5%, you would...…Please enable JavaScript in your browser.Retirement IncomeAdvertiser DisclosureWhen you retire, you will need to switch your thinking from being a saver to being a spender. The trick is to balance your withdrawals from spending too little and potentially dying with too much money and spending it so quickly that you run out of money.The term that describes how much money you take out of your portfolio is the withdrawal rate. It is the amount of income that you are going to draw off your investments.  If you have $100,000 in your portfolio and you have a withdrawal rate of 5%, you would...WW…

Please enable JavaScript in your browser.InvestingETFsAdvertiser DisclosureExchange-traded funds (ETFs) have become highly popular with Canadian investors as they offer instant diversification and lower fees than traditional mutual funds. By investing in ETFs, you can gain exposure to various market segments, industries, and asset classes within a single investment.But is there a simple and cost-efficient way to buy ETFs? After all, you can’t purchase them through the mutual fund representative at your local bank or credit union. This article covers everything you need to know about how and...…Please enable JavaScript in your browser.InvestingETFsAdvertiser DisclosureExchange-traded funds (ETFs) have become highly popular with Canadian investors as they offer instant diversification and lower fees than traditional mutual funds. By investing in ETFs, you can gain exposure to various market segments, industries, and asset classes within a single investment.But is there a simple and cost-efficient way to buy ETFs? After all, you can’t purchase them through the mutual fund representative at your local bank or credit union. This article covers everything you need to know about how and...WW…

Please enable JavaScript in your browser.Estate PlanningAdvertiser DisclosureA last will and testament is a critical part of estate planning, as it allows you to legally document your last wishes and protect your assets and loved ones after your passing. No matter your age or financial situation, creating a comprehensive will can bring peace of mind and help ensure a smooth transition for those left behind.Drafting a will is not a one-time event, as it should be reviewed and updated whenever significant life changes occur, such as the birth of a child, a divorce, or major changes in your...…Please enable JavaScript in your browser.Estate PlanningAdvertiser DisclosureA last will and testament is a critical part of estate planning, as it allows you to legally document your last wishes and protect your assets and loved ones after your passing. No matter your age or financial situation, creating a comprehensive will can bring peace of mind and help ensure a smooth transition for those left behind.Drafting a will is not a one-time event, as it should be reviewed and updated whenever significant life changes occur, such as the birth of a child, a divorce, or major changes in your...WW…

Please enable JavaScript in your browser.Estate PlanningAdvertiser DisclosureIt’s easy to see why more Canadians are choosing the convenience and affordability of online will platforms. You save time and money by not going through a lawyer for your will and other estate planning documents – a lot of money.But what services do online will companies offer, and are some better than others? In this article, I’ve compiled a list of the best online will platforms in Canada for 2022, and I’ve even picked a winner.Best Overall: WillfulEpilogue Wills: Best for CouplesLegalWills: Best...…Please enable JavaScript in your browser.Estate PlanningAdvertiser DisclosureIt’s easy to see why more Canadians are choosing the convenience and affordability of online will platforms. You save time and money by not going through a lawyer for your will and other estate planning documents – a lot of money.But what services do online will companies offer, and are some better than others? In this article, I’ve compiled a list of the best online will platforms in Canada for 2022, and I’ve even picked a winner.Best Overall: WillfulEpilogue Wills: Best for CouplesLegalWills: Best...WW…