CTV recently called it a Consumer Alert when a family faced a $660,000 estate tax bill after both parents died in the same year.

But this wasn’t a scam; it was simply the tax rules at work.

In my latest #MoneyArchitectFinancialPlanning blog post, I review what happened and how families can plan more effectively:

Read more here: https://moneyarchitect.ca/this-is-not-a-consumer-alert-tax-on-the-sole-survivors-estate/

#MoneyArchitect #AdviceOnly #FinancialPlanningCanada #PersonalFinanceCanada #EstatePlanning

Even so-called safe strategies like dividends can disappoint. BCE’s recent cut proved that. The ‘get rich slowly’ approach may be boring, but it works.

Read more in my latest #MoneyArchitectFinancialPlanning blog post:

https://moneyarchitect.ca/how-can-stock-picking-be-wrong-when-it-feels-so-right/

#AdviceOnly #FinancialPlanningCanada #PersonalFinanceCanada

#Stewardship should not be a word reserved for those with wealth. Even when income is limited, there are ways to align money choices with values, claim available supports, and contribute to the common good.

My latest #MoneyArchitect blo post looks at Personal Finance and Stewardship for Low Income Households, and why stewardship belongs to everyone.

Read more here: https://moneyarchitect.ca/personal-finance-and-stewardship-for-low-income-households/

#PersonalFinanceCanada #FinancialPlanningCanada

If you have a #DefinedContribution (DC) #pension plan through work, do you understand how it works and what your choices are?

In my latest #MoneyArchitect blog post, I break down DC pensions in Canada: contributions, investment options, and what happens at retirement.

Whether you’re just enrolling or planning to retire, this guide can help you make informed decisions.

https://moneyarchitect.ca/understanding-defined-contribution-pension-plans-what-you-need-to-know/

#AdviceOnly #FinancialPlanningCanada #RetirementPlanning #PersonalFinanceCanada

RRSPs: Always a good idea?
In my newest #MoneyArchitect blog post, I compare two real-world retirement planning scenarios:
Karen — modest income, living in B.C.
Michael & Sarah — upper-middle income in Ontario
* When RRSPs help
* When they hurt
* When a TFSA might work better.

Read more here: https://moneyarchitect.ca/should-you-max-out-your-rrsp-two-stories-two-different-outcomes/

#RRSP #TFSA #RetirementPlanning #FinancialPlanningCanada #PersonalFinanceCanada #MoneyArchitectFinancialPlanning #TaxPlanning

For investors nearing retirement, the current market volatility might be making you anxious. But reacting emotionally to market drops often backfires.

In my latest #MoneyArchitect blog post, I offer a few ways to assess your situation, stress-test your retirement plan, and decide what to do next (if anything).

Read more here: https://moneyarchitect.ca/how-investors-nearing-retirement-can-navigate-market-anxiety/

#FinancialPlanningCanada #InvestmentPlanning
#MoneyArchitectFinancialPlanning
#RetirementPlanning #PersonalFinanceCanada

Hannah’s new tech job pays $85K, but offers no pension benefits, a common reality in her industry. Rather than falling behind, she takes charge by contributing 13% of her income to an RRSP and investing in a target date fund, effectively building her own pension plan.

Learn how you can do the same, even without employer support, in my latest #MoneyArchitectFinancialPlanning blog post. https://moneyarchitect.ca/building-your-own-pension-plan/ #AdviceOnly #FinancialPlanningCanada #RetirementPlanning #RRSP

For many seniors, moving into a retirement community marks a major life transition filled with emotional and financial considerations. In my latest #MoneyArchitect post, I share Margaret’s story: a recently widowed woman who found peace of mind, financial security, and a renewed sense of connection by embracing #retirementliving. Thoughtful planning can make all the difference. #AdviceOnly #FinancialPlanningCanada #RetirementPlanning

Read more here: https://moneyarchitect.ca/where-do-i-go-from-here-a-journey-to-independent-living-at-a-senior-care-facility/

Nature risk is financial risk.

Rising insurance costs, soaring food prices, and investment risks tied to climate change are already affecting Canadians.

How can you adapt? My latest #MoneyArchitect blog explores strategies for resilience—covering home insurance, energy efficiency, investing, and food security.

Read more: https://moneyarchitect.ca/nature-risk-a-personal-finance-perspective-for-canadians/

#PersonalFinanceCanada #NatureRisk #FinancialPlanningCanada #SustainableInvesting

Investing doesn’t have to be complicated. Asset-allocation ETFs offer simple, low-cost diversified portfolios—without the stress of picking funds.

In my latest #MoneyArchitect blog post, I compare costs, returns, and how they work, plus explore ESG options. If you're a DIY investor looking for an easy-to-manage solution, this might be for you.

Read more here: https://moneyarchitect.ca/comparing-canadian-listed-asset-allocation-etfs/ #financialplanningcanada #PersonalFinanceCanada #ETFs #DIYInvesting
#moneyarchitectfinancialplanning