Mike Tyson said it best: Everyone has a plan until they get punched in the face.
February is that punch: RRSP season, tax stress, Christmas debt, and surprise bills.
Here’s how to survive it and keep your financial plan intact.
#CanadianFinance #RRSP #Budgeting #DebtAdvice #MoneyMatters
https://www.canajunfinances.com/2008/02/06/everybodys-got-a-plan/

Home Buyers Plan Repayment in Divorce

Separating? Your HBP withdrawal balance is a personal debt that needs to be addressed during divorce. While you're not automatically responsible for your spouse's HBP repayment, it's part of the #NetFamilyProperty calculation.

Get clarity on your #RRSP withdrawal obligations during #divorce.

Learn more: https://to.dtsw.ca/SmartDivorceHomeBuyersPlan

RRSP or mortgage? The timeless Canadian debate — security now or growth later. Balance both.
#RRSP #Mortgage #Canada #PersonalFinance #Investing #DebtFreeJourney

https://www.canajunfinances.com/2008/06/09/rrsp-or-mortgage-2/

Как устроено и как работает пенсионное обеспечение в Канаде

Во времена СССР пенсия была простой как умывальник. Максимум был 132 рубля. 120 плюс если 10% за т.н. горячий стаж не менее 5 лет. Женщины выходили в 55 лет, мужчины в 60. С горячим стажем можно было выйти раньше. Может и еще были какие то ньюансы, но в основном это все. В совреиенной Росси пенсионная система переделывалась несколько раз уже в 21 веке и процесс явно еше не завершен. Хотя может и сохранится на какое то время. Изменял возраст выхода на пенсию, изменялись правила расчета размера пенсии. Есть в существующей системе очевидные изъяны. Например практически отсутствует продуманая система внегосударственного пенсионного обеспечения. Есть корпоративные пенсии, но они никак не связаны с государством. Это чистый валюнтаризм на данный момент. Чтобы понять изъяны и недостатки в российскоц системе, я предлагаю ознакомиться с Канадской практикой в данной теме и решить где есть изъяны и где их хотя бы поменьше.

https://habr.com/ru/articles/929772/

#Пенсия #Пенсионный_возраст #Пенсионные_планы #RRSP #Пенсионные_накопления #ИИС #ИПК #Пенсионные_инвестиции

Hey, divorce is messy enough without RRSP surprises! Did you know that even if your ex gets the house, the #HomeBuyersPlan repayment could still be *your* burden? Let’s chat—how are you handling financial curveballs during separation? Drop your thoughts or tips below!
For more on navigating this, check out: https://to.dtsw.ca/SmartDivorceHomeBuyersPlan-1
#DivorceFinances #RRSP #CanadianDivorce

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

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

RRSP to TFSA Grand Jeté

I like to call it a "Grand Jeté"—that elegant leap from an RRSP to a TFSA. It's not a ballet move in the financial world, but it sure feels like one when executed well.
#TFSA #RRSP

https://www.canajunfinances.com/2014/11/26/rrsp-to-tfsa-grand-jete/

Another thing you might want to think about? I just spoke to my dad, he's 73, a widower, and spent an hour at the bank making sure his #RRSP 's were not in any way tied up in #American investments, and more in #Canadians. There are few people I respect more than that man. Something to think about.

RE: https://bsky.app/profile/did:plc:serlxfuuco5zwtgjbezfqib5/post/3lklvwh2yzk2b

Video: My Brand New Shiny RRSP Portfolio

I take you on my #journey to getting a brand new shiny #RRSP #portfolio. I choose the #wealthsimple #brokerage, sell my #mutualfunds, and share what #assets I am buying, specifically #index #ETFs covering the #TSX, #SP500, #developed #markets and #emerging #markets. I also get #smallcap #stock #ETF, a #technology ETF and a #bond fund as a #piggybank. The #CanadianMoneyTalk channel concentrates on #Canadianinvesting and…

http://canadianmoneytalk.ca/2025/03/16/video-my-brand-new-shiny-rrsp-portfolio/

Video: Canadian Taxation on Investments

I had a viewer question about #tax #rates on #Canadian vs. #foreign #dividends and which #account #minimizes tax #withholding on foreign dividends (#RRSP vs. #TFSA vs. #non-registered or #cash accounts), as well as the rates at which various #dividend #income is taxed. The video covers the entire Canadian #taxation system for context, and answers the question for tax #efficiency. The #CanadianMoneyTalk channel concentrates on…

http://canadianmoneytalk.ca/2025/02/16/video-canadian-taxation-on-investments/

RRSP Rebalance Season
Does that season exist any more? Who cares about #RRSP season?
Given it is that time of the year again, you are looking at your RRSPs, so maybe it is time to rebalance those accounts? Especially if they are Index Funds.
#RRSP #Rebalance #TFSA #Portfolio
https://www.canajunfinances.com/rrsp-rebalance-season/

TFSA or RRSP is a question many folks ask, but both have their place in your financial plans. TFSA seems to be the first thing to max out, but the RRSP has it's uses too. Remember a TFSA is not only a Savings Account!

An older article which I have updated
#TFSA #Archive #RRSP #TaxDeferral #Finance #Savings

https://www.canajunfinances.com/tfsa-vs-rrsp/

Video: How to Max out your RRSP contribution

The video discusses the #RRSPGrossup #strategy, a way to maximize #RRSP contributions using a #RRSPloan, #investing to reduce #taxes. The #CanadianMoneyTalk channel concentrates on #Canadianinvesting and #personalfinance in Canada. Visit: www.canadianmoneytalk.caThe Investing & Personal Finance Basics course is at Advanced Investing: Stock Analysis Course is at

http://canadianmoneytalk.ca/2025/01/18/video-how-to-max-out-your-rrsp-contribution/

4. April 30, 2025 – Tax Filing Deadline:
Have income from investments? This is your chance to deduct RRSP contributions and report gains—or use prior capital losses.

#Tax #Business #Canada #TFSA #RRSP #Investing

Advent Financial Calendar Box Day 10

A cane? What is your retirement going to look like? Are you saving for it? You sure you aren't going to need financial help health-wise?
#Advent #Cane #RRSP

https://www.canajunfinances.com/2008/12/09/bank-rate-today

Risks in Life (Finale)

What order do you pay things? TFSA, Debt, RRSP or vice versa? How you deal with your #risk is very important.
#Finance #Risk #Money #RRSP #TFSA #Debt

https://www.canajunfinances.com/2009/11/23/risks-in-life-finale/

Quick Financial Thoughts

Why is the #TFSA misnamed? What else is the #RRSP? These and other quick responses.
#FinancialLiteracy #Canada #Spending #Money

https://www.canajunfinances.com/2021/01/17/quick-financial-thoughts/

RBC, Scotiabank, Tangerine, Bank of Montreal, CIBC, Simplii, TD Bank...

You know what they have in common? They invest your money in genocide! Which is a bad thing, of course.

You know who doesn't? Credit unions.

https://canadascreditunions.ca/find-a-credit-union

source: https://communityactionforpalestine.com

#RBC #Scotiabank #Tangerine #BankOfMontreal #CIBC #Simplii #TDBank #Canada #investing #divest #Palestine #genocide #PersonalFinanceCanada #TFSA #RRSP #FHSA

How Do I Retire at 35 ?

I can't, I am too old, but you can. #FIRE seems to be a big thing, retirement is a perspective on life, really. You can #retire at any age, depending on what kind of lifestyle that you want.
#Retirement #RRSP

https://www.canajunfinances.com/2013/05/14/how-do-i-retire-at-35/