Market Update for November 2020
November was a strong month for stock and bond markets following announcements of positive test results for COVID-19 vaccines.
Market Update for October 2020
October was a down month for nearly all equity market indices we track, with emerging markets being one of the few positives.
Market Update for September 2020
September was a down month for nearly all equity market indices we track, the first negative month after five consecutive positive months.
DC Pension Options: Your Retirement
Question. I’m planning to retire next year and wondering about my pension. I have been with the same employer for about 25 years, and have a defined contribution (DC) pension plan. What are my options when I retire? Answer. That’s a great question, and a very important decision regarding your retirement. While retirement with a defined benefit (DB) pension […]
CERB and Taxes
Question. Like many other Canadians, I have been affected by COVID-19 and the corresponding economic shutdown. I have been receiving Canada Emergency Response Benefit (CERB) payments for the last few months, and wondering if there are any tax implications? Answer. As we know, the Canada Emergency Response Benefit (CERB) is designed to provide financial support to both employed and […]
Market Update for August 2020
Nearly all major equity markets continued their recovery from the difficult first quarter of 2020.
Annuities – Top 3 Advantages and Disadvantages
In our previous article, An Annuity: Should You Consider One?, we explored such items as: Basics of annuities Different types of annuities Key retirement risks Annuities for retirement income In this post, we continue our discussion of annuities. In particular, we explore the key advantages and disadvantages of annuities, to help you decide whether or not an annuity is suitable for […]
An Annuity: Should You Consider One?
Question. I’m planning to retire soon, and working on my retirement plan. I have a small pension, but most of my income in retirement will come from my own investments. A friend of mine recently told me that I should consider buying an annuity with my retirement savings. How can I decide if an annuity is right for me? […]
