financial plan

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Are You Truly Prepared for Retirement? What You Need to Know

If you’re approaching retirement (or already there and still thinking it’s “far enough away”), you’ll want to pause and ask honestly: Are you really ready? I mean more than just hoping your 401(k) will be enough. Retirement-readiness means having a plan that coordinates your investments, taxes, estate, legacy, income strategy – and yes, your “what […]

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Worried About Retirement in a Volatile Market? This Quiz Can Help You Focus on What Really Matters

If you’re watching the market bounce around and wondering whether you’re still on track for retirement, you’re not alone. Volatility shakes confidence. It makes even smart investors second-guess their strategy. It raises questions. Do I have enough saved? Is my portfolio too risky? What happens if there’s another downturn just before I stop working?These aren’t

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Using Investments to Get out of Debt

The average Canadian was in about $20,000 of non-mortgage debt in 2021, according to Equifax Canada. This means that the everyday spending of many Canadians is outpacing their income by a significant amount. There are all kinds of strategies for tackling debt, including various ways you can budget your earnings and other approaches for paying down

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Trout Associates: Bankruptcy and its Alternatives

If you are in a personal debt crisis, one of the options you can choose to resolve it is something called bankruptcy. You have probably heard of it. It is a legal process that you can apply for if you can’t pay back your debts.What most people don’t know is that as well as applying

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