by Marie Engen | Dec 29, 2011 | Investing, Retirement
Upon retirement, members of defined benefit pension plans are entitled to receive a pension for life based on their years of service and employment earnings. In certain circumstances, employees may be given the choice to either stay in the company pension plan and...
by Robb Engen | Dec 28, 2011 | Investing
Dividend aristocrats are companies with a policy of consistently increasing dividends every year for a specific period of time. In Canada, the time frame to reach dividend aristocrat status is 5 consecutive years of dividend increases. These companies are tracked by...
by Marie Engen | Dec 27, 2011 | Retirement
Sometimes I get tired of hearing about how much I should have saved for my retirement years ago. I admit I had a late start and my portfolio is not as large as it could have been if I would have saved instead of spent my money over the years. However, if I don’t...
by Robb Engen | Dec 26, 2011 | Investing
A Registered Disability Savings Plan (RDSP) is a tax-deferred savings vehicle that provides long-term financial security for people living with a disability. It includes government incentives such as the Canada Disability Savings Grant (CDSG) and potentially the...
by Marie Engen | Dec 22, 2011 | Estate Planning
Many people own property and investments jointly with another person, most commonly a spouse. But when a joint account is used with individuals other than a spouse there are risks that need to be understood. There are two ways that a joint account can be held: joint...
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