‘Tis the season! RRSP season, that is. Time to get ready for the media’s annual dose of advertisements about saving for retirement. While we all need to be smart about planning for retirement, the reality is that there are a lot of myths and misconceptions about the RRSP – Canada’s most popular retirement savings plan. Rather than focus on a […]
Most people know the biggest advantage of using an RRSP is the tax savings. But do you know how to maximize that refund? Or choose when a TFSA might be better? We break it down so you can make those decisions in minutes. Below is a table of the income tax brackets (applicable to BC). Since ModernAdvisor is based in […]
So, you’ve saved up $10,000. Good work! That’s easier said than done these days. The next thing you may be considering is; “what is the best thing I can do with my money?” Of course, each person’s financial situation is different, so we’ve put together 4 of the most commonly asked questions to provide you with some easily applicable guidance […]
