Archive for November 2023

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…

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…