Cooper Financial Group Victoria

02/06/2024

Unlock Financial Freedom: Mastering the Art of TFSA – Navigate Limits, Maximize Gains, Secure Your Tomorrow. https://ow.ly/laeB30szKsk

11/11/2023

Baby boomers who plan to pass on all their assets to their millennial children expect to leave an average inheritance of $940,000, according to a survey from Sun Life Financial Inc., conducted by Ipsos. That figure is even higher among those working with a financial adviser, the survey said, with those boomers expected to leave just over $1 million to their children.

Millennials aren't prepared for the windfall they're about to inherit.

11/03/2023

At first glance, life insurance and annuities might seem like opposites. Life insurance is primarily used to pay your heirs when you pass away. An annuity grows your savings and pays you income while you’re still alive. However, some life insurance policies let you build savings while alive, and annuities can include a death benefit payment.

While both are insurance products, how they pay policyholders differs

10/27/2023

The Bank of Canada’s decision this week to hold its benchmark interest rate steady at five per cent as it attempts to battle inflation was welcome news for many. But the effects of both higher interest rates and inflation on the tax system will be felt in the new year in at least a couple of ways based on recent economic data available over the past week or so.

The Bank of Canada’s decision this week to hold its benchmark interest rate steady at five per cent as it attempts to battle inflation was welcome news for many. But the effects of both higher interest rates and inflation on the tax system will be felt in the new year in at least a couple of ways ...

08/02/2023

As much as we should hope for better economic times to materialise, it would be wiser to plan for a bumpy road ahead.

07/21/2023

Planning for your golden years doesn’t have to scare you. The reality of retirement is far more positive than people think. Ian McGugan answered commonly asked questions about planning for life after work. Here’s one to start.

07/11/2023

The rapid growth against a mixed economic backdrop has some analysts questioning whether we’re entering bubble territory

07/05/2023

Someone stole Forbes contributor John F. Wasik's credit card number from an account he hadn’t used in two years. Here's how he handled it.

06/27/2023

The rate of inflation slowed in May, with the consumer price index increasing 3.4 per cent year over year, Statistics Canada said on June 27.

06/21/2023

Close to half of those aged 55 to 64 only have $5,000 or less put aside for retirement, HOOPP survey says.

06/13/2023

The wisest course may be to keep in mind Deutsche Bank’s waiting-game analogy. It will most likely take several months for the economic picture to clarify.

06/08/2023

No matter how out of shape you feel financially, there are steps you can take to bring yourself back to financial health.