Do you need $1.7 million in order to retire in Canada?
A recent BMO Survey said that Canadians believe they need $1.7 Million to retire. Peter Cishecki discusses the survey, and provides advice for saving for retirement.
A recent BMO Survey said that Canadians believe they need $1.7 Million to retire. Peter Cishecki discusses the survey, and provides advice for saving for retirement.
Many Canadians are buckling under the weight of inflation and thinking of ways to maximize the savings they have set aside over the years. One question that often comes up is: “Should you pay down debts like mortgage or invest the money?”
What does the announcement for fixed rates to rise mean for you?
If your nearing retirement or currently retired your likely watching the markets closely, with the current dips in the market. What sort of impact will this have on your investments and retirement lifestyle?
Inflation has caused the price of many essential goods to rise, which is forcing many Canadians to look hard at their spending to figure out how they can balance their budgets.
RRSPS are an option to add to your financial portfolio to give your investments an extra boost, but there is a lot of misconceptions about the Registered Retirement Savings plan.
We spend our whole working lives paying into the Canada Pensions Plan (CPP) to replace part our income when we retire but is it worth trying to collect early or should we wait until were 65? Do you need the money? What are the tax consequences? Is it worth delaying to get the higher amount?
With interest rates on the rise, we have been seeing an impact on the real estate market, but how long will this last? People are concerned as interest rates are changing, What are your options? Should home buyers lock in?
If your a homeowner, you’ll be receiving your property tax bill in the mail soon. With the window approaching to pay up, should you consider taking advantage of the government program that allows you to defer your property taxes.
Why would you consider cashing in your TFSA’s? Does your contribution room lower? What are the tax outcomes?
Peter and Dave are back for Season 3 of ‘Your Money’ and in the season premiere, they talk about the top 10 Questions to ask when you’re interviewing from a financial planner. Creating a financial plan is so important and the guys talk about the steps that are involved in finding the right person to fit your needs.
Do you need a clear picture of where you are and where you want to go? We use the OMNI Formula to help you reach you financial goals! Whether its buying a car, taking a once in a lifetime vacation, buying your first home, upgrading to a new home or planning for retirement. The OMNI Formula can help you live a work optional lifestyle, we will help reduce the anxiety and get you on the right path.
CERB is looking to wind down this fall, we give you some personal financial advise. Everything financial’s Peter Cishecki explains how this could affect taxes in the future.
Critical Illness (CI) insurance provides a lump-sum, tax-free benefit in the event your are diagnosed with a serious illness. The question is; how much coverage do you need, and should you buy basic or enhanced? In this video, Peter Cishecki educates us on the ins and outs of Critical Illness (CI) insurance to help you decide if it’s right for you.
On this episode of the Your Money financial podcast, learn five unexpected expenses in retirement and how to successfully plan for them.
Peter joins Jas Jahal live on 980 CKNW every Tuesday at 3:45 pm PST to discuss current topics and events and how they affect your wealth management journey.