Retirement
Retirement on your terms, funded on purpose.
Investments and retirement planning for entrepreneurs and owners, whether you draw a salary, a dividend, or both. We put the accounts, the insurance, and the withdrawal order together so the company and the household feel like one plan.
The accounts aren’t the plan.
An RRSP and a TFSA are tax treatments, not a personality test. The plan is what you need the money to do, and when, in a province where work can be seasonal, offshore, or tied to a public pension that’s easy to lean on too hard.
- RRSP
- A deferral. You deduct the contribution at today’s marginal rate and pay tax when you take the money out. Useful in a high-income year: a good hitch, a dual professional household, a salary from the company. A poor parking place for cash you may need at forty-two.
- TFSA
- After-tax money in. No tax on growth or withdrawals. The cleaner extra savings vehicle beside a public-service pension, and the right sleeve for money that might be needed before retirement without creating taxable income.
- RESP
- Education saving with a government match, when there’s a child in the picture. The Canada Education Savings Grant is left on the table every year a contribution isn’t made. If there isn’t a child, we won’t invent a reason to open one.
- Corporate / group RRSP
- When the company is paying, a group RRSP or a corporately owned vehicle can be the cleaner contribution path than a personal scramble at the deadline. We look at salary versus dividend, the existing group plan, and whether the next dollar belongs in the company or the household.
- RRIF / drawdown
- The year you stop contributing, the work becomes a sequence: which account first, how CPP and OAS sit on top, and whether a large RRSP will create a tax problem you did not plan for.
- Segregated funds
- Investment funds inside an insurance contract. Maturity and death-benefit guarantees, named beneficiaries, and in some cases creditor-protection features. Guarantees have fees. We use them when the feature earns its cost.
- Pensions
- Public service, teachers, and private plans each have survivor options, bridging, and integration with CPP. We read the statement. We model the survivor. We show you what the pension does not cover.
We sit down every year.
Markets move. So do rotations, fish landings, and the age at which you actually stop. We sit down every year so the accounts still match life.
01
Sit together
02
Check cover
03
Rebalance
04
Write it down
Questions from this province
Often the better extra savings account is a TFSA, because another pile of taxable income at seventy-two can sit awkwardly on top of the pension, CPP, and OAS. We’ll look at your statement, the survivor option, and the household before we assign the next dollar.
Related notes: The public-service pension · RRSP vs TFSA