This is often misunderstood. To be clear, “tax-deferred” does not mean the same thing as “tax-free.” Tax-deferred is something that must eventually have taxes paid on it. On the other hand, tax-free
If we were living in normal times, it would have been past the peak of the tax season by now. However, given the situation with the virus and the extension
Afew years ago, I was at a seminar and had the opportunity of listening to a presentation by Mitch Anthony, author of “The New Retirementality: Planning Your Life and Living Your
The Canadian tax system is based on marginal tax rates. This simply means that the more money you make, the more taxes you pay. As your income increases, so does
Recently I listened to a podcast where Vicky Robin, the author of Your Money or Your Life (I just ordered the book and I’m looking forward to reading it) was
In my last article I challenged you to an exercise that required you to review the total income earned and total taxes paid in the last decade. If you did
In one of the chapters of my upcoming eBook (the final title of the book is yet to be determined), I share some of the main obstacles to building tax-free
I immigrated to Canada in January 2002 to join my wife, who had arrived in the country four months earlier. I can clearly recall how excited and anxious I was
