Archive for November 2023
Weekend Reading: Updated Financial Goals Edition
The future is always uncertain, but at this time last year my crystal ball was as murky as ever. We were in the middle of building a new house and still needed to sell our existing home. Stocks and bonds were down double digits, and interest rates were still on the rise. Investors were piling…
Read MoreRetirement Assumptions: Will They Make An Ass Out Of You Or Me?
Financial planners need to use assumptions about the future to paint a realistic picture for their clients. Since we don’t have a crystal ball, most rely on the projection and assumption guidelines put forward annually by FP Canada. These assumptions include estimates about inflation, investment returns, life expectancy, wage growth, borrowing costs, etc. Note that…
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