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Posts under "Financial Planning"

[VIDEO] How to Prepare for a Recession

In the case of a future recession, there are many things you can do to manage your financial situation. How may job losses effect you and what can you do to prepare? What should you do with your debts, and your outstanding investments? What about savings? In this video, I share some of my best [...]

Posted on October 7, 2011 by Ted Rechtshaffen in Current Events, Financial Planning

How to Protect Your Capital

We continue to witness extreme volatility as stock markets around the world deal with significant economic stress.One of the underlying issues is that markets are deleveraging after the accumulation of enormous debt. The bottom line is that the US, Eurozone and other developed economies have too much debt relative to their productive output. Interestingly we [...]

Posted on September 17, 2011 by Ted Rechtshaffen in Current Events, Financial Planning, Investing

When Should I Withdraw from my RSP?

Ever wondered the right time to start withdrawing from your RSP is? Providing us with a detailed examination of what time is the best to draw from your RSP is our Senior Financial Planner, Brad Mol. He writes, “There is not a one-size-fits-all answer. The traditional view of RSPs is to prolong withdrawing from them [...]

Posted on September 6, 2011 by Ted Rechtshaffen in Financial Planning, Retirement Planning

[VIDEO] Financial Planning in Tough Economic Times

During tough global economic crises, having a personal financial plan will allow you to stay in control. In the following video, I discuss the importance of having a financial plan, what exactly one is (and is not) and how a financial plan can help you: If you liked this video, visit our YouTube channel for [...]

Posted on August 29, 2011 by Ted Rechtshaffen in Canadian Financial Planning Videos, Current Events, Financial Planning

[VIDEO] The Four Steps for a Successful Retirement Income Plan

Thinking about how to secure yourself a retirement income stream? In this video, I discuss the four crucial steps to develop a retirement income. In brief, the steps discussed in the video are: 1. Understand your pension and government income. 2. Understand your expenses. 3. Understand the tax implications 4. Plan for each year. If [...]

Posted on August 18, 2011 by Ted Rechtshaffen in Financial Planning, Retirement Planning, Tax Strategies