Articles written by: Deborah Leahy

Retirement image courtesy of stock.xchng
Columnists

Financial Fitness: The trick is to stay on track for retirement

Living paycheque to paycheque? Unexpected expenses regularly throwing your retirement savings goals off-track? This is a good time to schedule a financial-planning checkup with a financial adviser. The key to staying on track for retirement is having a plan. Contrary to what you may think, developing a proactive plan is [...]

Photo courtesy of stock.xchng.
Columnists

Financial Fitness: Estate planning isn’t just about dollars and cents

When people hear the words “estate planning,” they often assume it’s an activity only for retirees or near-retirees, but if you have a family, it’s never too soon to create your estate plan. Estate planning can seem like a daunting task, but you’ll find it easier to handle if you [...]

Retirement is puzzling at the best of times. Make sure you have all the pieces.
Columnists

What’s my retirement number?

There’s been a lot of talk lately about how everyone needs to hit a certain “number” before they can retire comfortably—a number that is, frankly, intimidating to many Canadians. Is it true? Your so-called “number” or retirement savings threshold won’t come from a simple formula. Contrary to what some may [...]

If you're looking for a flexible savings vehicle, take another look at the tax-free savings account. (Image by damianosullivan)
Columnists

TFSAs are a more flexible savings choice

The tax-free savings account, or TFSA, is frequently called “a registered retirement savings plan (RRSP) for everything else beyond retirement.” Unlike an RRSP, you can access the money in your TFSA with no tax consequences for any need, and the amounts withdrawn are added to your contribution limit amount in [...]

A savings holiday is tempting, but don’t do it
Columnists

A savings holiday is tempting, but don’t do it

We’re well into the holiday season now. And while the holidays are joyous, they can also be expensive. At this time of year, many people make spending decisions they end up regretting. But you can enjoy the holidays and still stay on track toward your financial goals by following a [...]