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The Wealthy Barber on how a cottage can complicate estate planning

September 23, 2024 |RBC Wealth Management

“The last thing you want is for your cottage, a place of great memories, a true family treasure, to end up being a wedge that drives your family apart.”

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Why your art collection should be part of your estate planning

Why your art collection should be part of your estate planning

July 31, 2024 |RBC Wealth Management

Art collections are an emotionally charged part of your estate. Here's how to prepare for a smooth transfer to the next generation.

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Wealth transfer: Five tips to help avoid family conflict

Wealth transfer: Five tips to help avoid family conflict

July 31, 2024 |RBC Wealth Management

You can preserve family harmony and your wishes for your estate with careful planning and open conversations.

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Understanding RRIFs

December 04, 2023 |Metkel Kebede
A Registered Retirement Income Fund (RRIF) is similar to a Registered Retirement Savings Plan ( RRSP ) in that both are registered plans, meaning that the basket of investments held within them are allowed to grow on a tax-deferred basis. But instead...
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How to create a sustainable retirement income

December 04, 2023 |Metkel Kebede
Today, the average 55-year-old Canadian can expect to live to the age of 84, a gain of 24.6 years since 1926. While a good reason to celebrate, it also means that Canadians are now spending nearly as much time in retirement as they do in their working...
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Understanding taxes and your investments

December 04, 2023 |Metkel Kebede
Outside of registered accounts, tax efficiency plays a key role in building wealth. Most Canadians take advantage of tax sheltering within a Registered Retirement Savings Plan ( RRSP ) or through the tax-free benefits of a Tax Free Savings Account ( TFSA...
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Why RRSP's

December 04, 2023 |Metkel Kebede
A tried-and-true strategy to save for retirement There are many ways to save for retirement. Some Canadians have access to a retirement savings plan through their workplace. This type of plan allows you to make additional contributions, often with the...
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After the boomer times

December 04, 2023 |Metkel Kebede
Why retirement will be different for the next generation of Canadian retirees If you look back about 40 years, nearly one half of Canadian workers had an employee pension plan. For those set to retire in the next 10-15 years, again, about half are covered...
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New measures to assist Canadians during COVID-19

December 04, 2023 |Metkel Kebede

RRIF minimum payment proposed to be reduced by 25% for 2020 and income tax filing and payment extensions

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Second-half comeback: It’s never too late to achieve your retirement goals

December 04, 2023 |Metkel Kebede

It’s never too late to achieve your retirement goals

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