On March 25, the Canadian federal government passed legislation, as part of its COVID-19 Economic Response Plan, that reduces the Registered Retirement Income Fund (RRIF) minimum that must be withdrawn by 25 per cent for 2020.
A systematic investing plan provides discipline and the potential for better returns.
A goals-based approach targets financial planning to meet objectives throughout life.
Canadians who have an advisor are more likely to have a financial plan and be more confident about their money.
So often people feel that saving and investing are just for the wealthy – and that’s just not true.