Using home equity as retirement income can be an interesting option for retiring Canadian baby boomers who have benefited from strong real estate markets over the past two decades. The options for funding one’s retirement are varied and wide-ranging. The most typical sources of income in retirement include pensions and financial savings, which typically take...Read More
ESG funds represent the perfect opportunity for investors to put their money where their values are. Alongside heightened public awareness of environmental matters and social issues, the responsible investment (RI) movement is rapidly growing in both Canada and globally. In 2020, investors poured more than $3.2 billion into Canadian-based ESG funds. ESG stands for Environmental, Social, and Corporate...Read More
It’s that time of the year again and the question remains…”am I better off investing in my Registered Retirement Savings Plan (RRSP) or my Tax Free Savings Account (TFSA)”? Here are a few important elements to consider when faced with the choice: First consider your marginal tax bracket. Investments made in your RRSP are tax...Read More
By Jamie Golombek, Managing Director, Tax and Estate Planning, CIBC Private Wealth Management Tax planning should be a year-round affair.But as year-end approaches, now is a particularly good time to review your personal finances and take advantage of any tax planning opportunities that may be available to you before the December 31st deadline. As...Read More
Much remains uncertain during COVID-19 for the many Canadians who hope to escape the frozen north this winter. Many popular winter destinations have struggled to contain their COVID-19 outbreaks contrary to many parts of Canada, which have been more effective at reducing infection rates. Concerns such as: What happens...Read More
There are many misconceptions about life insurance – who it’s for, and who can afford it are some of the more common. 50% of Millennials guessed the yearly cost of $250,00 term life insurance policy for a healthy 30-year-old would run at $1,000 or more yearly when it is actually closer to $160.00 per year for a 10-year-term. Source: LIMRA Other post...Read More
Maurice Pallone has been with the Rothenberg Group since 1988 and is the Vice President and Senior Wealth Management Advisor. His love and passion for his work is clearly demonstrated by the way his enthusiasm radiates when he speaks with his clients. We are so proud that for the past 2 years, he has been...Read More
When people move out of their home, it is usually after they have tried remaining at home – at times with assisted living care – and have reached a point where this solution no longer works. In some cases, home care lasts only for a limited time due to changes in the senior’s health condition...Read More
Tina Patel has had a long-standing career at Rothenberg & Rothenberg over the length of thirty-one years. She joined the company in 1989 and was appointed as Manager of the Fixed Income Department (GIC Department) in 1994. Tina ensures the needs of clients always surpasses their expectations and ensures that they are taken care of...Read More
One of the questions we get the most about retirement planning is, “when is the best time to take CPP”? As people enter the retirement phase of their lives, they switch from saving money to making decisions about when and what type of income to receive....Read More
