CRS Financial

https://www.moneysense.ca/columns/retired-money/how-much-money-do-you-need-to-retire-in-canada/

How much money do you need to retire in Canada? Is it really $1.7 million? - MoneySense While $1.7 million is a big number, it’s possible to retire in Canada on that amount, if you start an RRSP early in life and contribute to it every year.

https://mysolutionsonline.ca/investing/awakening-to-inflation

Awakening to inflation Higher prices can chip away at your savings, so position your money to stay a step ahead.

https://www.moneysense.ca/spend/insurance/life-insurance/how-age-affects-life-insurance-rates/

How does age affect life insurance rates? - MoneySense Does age affect life insurance? Do you even need it if you’re still young? Is ever it too late to qualify? We answer these questions and more.

https://invested.mdm.ca/md-articles/5things-you-should-know-about-resps

5 things you should know about RESPs A registered education savings plan (RESP) is a tax-deferred way to save for your children’s post-secondary education. Here’s what you need to know.

https://mysolutionsonline.ca/fall-2022/teach-your-kids-a-lesson-about-money

Teach your kids a lesson – about money Fostering good financial habits that can last a lifetime.

Happy Family Day!

RRSP Deadline for 2022 - March 1, 2023

What’s the RRSP deadline for 2022? - MoneySense You still have time to add to your retirement savings and lower your taxable income before the RRSP deadline.

https://mysolutionsonline.ca/fall-2022/top-questions-to-ask-your-advisor

Top questions to ask your advisor Ask the right questions to help achieve your goals.

https://mysolutionsonline.ca/winter-2022/emergency-fund-essentials

Emergency fund essentials Why you need this financial buffer.

https://www.moneysense.ca/save/investing/rrsp/how-do-the-rrsp-contribution-carry-forward-rules-work/

How do the RRSP contribution carry forward rules work? - MoneySense What are the rules about RRSP carry forwards? Should you ever contribute the full amount?

https://www.moneysense.ca/save/taxes/2022-personal-income-taxes/

2022 Income Tax Guide for Canadians: Deadlines, tax tips and more - MoneySense You don’t need to work at the CRA to know about recent tax changes. Our handy guide demystifies taxes for 2022 and provides info to help you prep (and maybe even file) your return.

Striding into retirement Planning for a lengthy, healthy and financially secure future should be a lifelong process.

https://www.moneysense.ca/save/budgeting/how-to-talk-to-your-partner-about-money/

How to talk to your partner about money - MoneySense By taking the time to understand each other’s motivations for spending (or not spending), you can build a financial plan for a stronger future together.

Happy New Year to all our clients and friends. We look forward to continuing to work with you in 2023!

Happy Holidays from the CRS Financial team!

https://www.moneysense.ca/spend/shopping/strategic-shopper/the-perfect-money-related-gift-ideas-for-everyone-on-your-list/?utm_source=sfmc&utm_medium=email&utm_campaign=NL-MS-Weekly-2022-12-6

The perfect money-related gift ideas for everyone on your list - MoneySense At MoneySense, money is always on our minds—even during the holiday season. For this year’s MoneySense gift guide, our editors and interns have chosen

The Client Appreciation Lunch was a great success! Thank you to all those who came and thank you for your generous donations, we raised over $600 for Christmas gifts for children who would otherwise go without. 🎄🎁

https://mysolutionsonline.ca/fall-2022/does-your-estate-plan-need-a-refresh

Does your estate plan need a refresh? Don’t forget to include your digital assets.

https://mysolutionsonline.ca/fall-2022/managing-sticker-shock

Managing sticker shock Keeping finances on track as inflation and interest rates tick up.

https://www.moneysense.ca/save/student-money-guide/

Student Money Guide: How to pay for school and have a life—for both students and parents - MoneySense School is expensive—and so are the extracurriculars. This personal finance guide breaks down how to afford school for students and those who support them.

The New Rules of Retirement...
https://www.moneytalkgo.com/the-new-rules-of-retirement-how-our-longevity-is-changing-the-game/?cta=advice&fbclid=IwAR2NbGauV0gs1BCRr1CG_gBxMPJofTv29Tslh4itazqVBxTgqjOZ2rssdQQ_aem_AUo7wXsBBqbtXfNd4h5O7COJGIQ2CUSEJTrVXGCWV3PsP-jutKCItNqUVbOXhzXFP-WW8yNABNlsXXATgLhCVNci7EFkY2RtO4-t2UXXu_ZWLC5rNLEDE17C-_zBGRAdSN4&fs=e&s=cl

The new rules of retirement: How our longevity is changing the game - MoneyTalk More years may mean more ideas on retirement choices, how to invest and when to take your Canada Pension Plan.

https://www.moneysense.ca/spend/insurance/life-insurance/what-is-whole-life-insurance/

What is whole life insurance? - MoneySense Here’s everything you need to know before deciding if a whole life insurance policy is the right policy for you.

https://financialpost.com/news/economy/canadian-inflation-rate-rises-to-6-8-beating-expectations

Canadian inflation rises to 6.8%: What you need to know Canada's inflation rate accelerated to 6.8 per cent, the highest since January 1991, on food and shelter prices, Statistics Canada says

https://www.moneysense.ca/columns/ask-a-planner/a-guide-to-spousal-rrsps-for-married-and-common-law-partners/

A guide to spousal RRSPs for married and common-law partners - MoneySense There are benefits, but also potential pitfalls, to beware of when considering contributions to your spouse or partner’s registered retirement savings plan. A Certified Financial Planner breaks them down.

https://www.moneysense.ca/columns/ask-a-planner/how-much-to-take-out-of-your-rrsp-in-your-60s/

How much to take out of your RRSP in your 60s - MoneySense Although RRSP withdrawals can be deferred no later than age 72, it may be necessary or advisable to make withdrawals before then.

A fresh recipe to welcome Spring.
https://www.halfbakedharvest.com/ombre-citrus-cream-tart/

The Simplest Ombrè Citrus Cream Tart. Fully embracing all the winter citrus with this Ombrè Citrus Cream Tart. Not only is this tart bursting with vibrant colors, but it's beyond delicious, so easy, and extra pretty. Bonus? It's made just a touch healthier with whipped greek yogurt and a light drizzle of honey for sweetness. Absolutely...

https://financialpost.com/personal-finance/taxes/10-things-to-know-before-you-file-your-tax-return-this-year

10 things to know before you file your tax return this year Jamie Golombek: Tax season is in full swing and those who've already filed and claimed a refund are getting an average of $2,145 back

We have just launched our new, fresh website - go check it out!

https://crsfinancial.ca/

CRS Financial Wealth Management | Investment and Insurance for British Columbia and Ontario. Retire With Confidence CRS Financial Wealth Management Retire with Confidence Since it was established in 2008, CRS Financial has helped individuals, especially retirees and seniors, manage their retirement income and comfortably pass their wealth efficiently to their beneficiaries. Over the last 13...