What should my financial plan cover?

What should my financial plan cover? Financial planning:  the ability to meet short term needs plus the confidence to realize long term objectives, while managing financial risk.  That’s my definition.  It really boils down to financial security – peace of mind.…
Mandatory Withdrawals – RRIF 101

Mandatory Withdrawals – RRIF 101 Mandatory account withdrawals – sounds fierce but that’s what a Registered Retirement Income Fund (RRIF) is partly about.  This is my favourite definition for a RRIF:  it’s like a Registered Retirement Savings Plan (RRSP) in…