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The Lifetime Income Portfolio: A Sustainable Approach to Retirement Income
In the realm of retirement planning, ensuring a stable and sustainable income stream remains a paramount concern for individuals transitioning into or already enjoying their retirement years. Harmer Wealth Management, under the guidance of Chad Harmer, has crafted a...
Navigating the Financial Waters: Understanding Interest Rates and Their Impact in 2024
In recent years, global financial markets have experienced significant turbulence, primarily attributed to a dramatic increase in interest rates by world banks. This surge, particularly notable in 2022, has had a profound impact across various sectors, including...
New Canadian Mortgage Charter: A Beacon of Relief for Homeowners Facing Rising Interest Rates
Understanding the Charter In a bold move to assist homeowners grappling with soaring interest rates, the Canadian government has introduced the New Canadian Mortgage Charter. This initiative marks a significant step towards offering substantial relief to those facing...
Mastering Retirement Finances: Top 10 Tax-Reducing Strategies for a Comfortable Future
This post will delve into ten strategies that retirees or those nearing retirement can employ to reduce their tax burden. Note that the following list isn't exhaustive and doesn't follow a specific order of importance: 1. Spousal RRSP Contributions: In Canada, due to...
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