Axiom Financial Services Corporation

Confused about what's the best way to draw an income at retirement? We can help!

RRSPs, TFSAs, downsizing cash, inheritance: Which assets should retirees draw down first? Retirees will generally be better off drawing down assets from multiple sources on an annual basis rather than trying to keep their RRSP intact for as long as possible

Review, assess and update your plans!

The pros and cons of buying life insurance in retirement Many retirees overlook life insurance despite its advantages for addressing estate taxes, other costs to leave more for beneficiaries

Diversify your portfolio!

Canada’s real estate stocks slide in worst losing streak since January The S&P/TSX Composite Real Estate Index fell 1%, for its fourth week of losses

Tax-effective planning for your RRSP. Contact us... www.axiomfs.com

https://www.msn.com/en-ca/money/other/how-to-withdraw-money-from-an-rrsp-without-paying-tax/ar-BB1cEywx?li=AAgh0dA&ocid=mailsignout

Axiom Financial Services - Richmond Hill ON - Home Financial Security Advisors and Investment Representatives with Freedom 55 Financial and Quadrus Investment Services Ltd offer information on investments, mutual funds, and financial security planning.

Knowing when to start your CPP is an important part of your retirement planning!

Canadians who take CPP at 60 could lose $100,000 in retirement income, study finds Good things come to those who wait

I strongly urged everyone to do your estate & financial plans. One of my closest friend failed to plan and do not want to plan...recently passed and left his surviving spouse and children in a very difficult situation. When I urged a person to plan is not because I am pushy but have sincere concern for yours & your family's financial security and well-being. Take the time to plan with your trusted advisor. All the best!

Father with lymphoma made plans for family after his death in moving gestures A father of one who died of lymphoma dedicated his final days to his family by ensuring his surviving wife and daughter would be properly taken care of upon…

Accessibility to your RRSP....

How to Withdraw From an RRSP Without Paying Tax Most of the time you'll suffer a hefty penalty for dipping in early — but not always.

CESB for post-secondary students...

Here’s everything students need to know about the $1,250 per month CESB Jamie Golombek: Find out how the program works, if you’re eligible and how to apply

During this difficult time where you have to work from your home....can you deduct some of the home expenses as business expense? Check this out...

Can you deduct home-office expenses if you’re forced to work from home during the pandemic? Jamie Golombek: Don’t expect to write off the cost of that new, ergonomic office chair you just had delivered

Purchasing a home?

Housing market will take years to climb out of the hole brought on by economic shock: CMHC CMHC says prices could decline by 9 per cent to 18 per cent and housing starts could drop from 51 to 75 per cent