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@komal-p5u3 ай бұрын
Extremely helpful and informative. Loved how she explained everything in detail. Everyone should watch this video to understand the basic concepts/elements of financial planning.
@NorthAmerican-Desi3 ай бұрын
Thanks....
@master159512 ай бұрын
Not everyone get 1365. Average is 800$. Min 39 Year work in Canada. Thresholds 68,000 earnings. CPP can get in your country only 20 years of Residency in Canada.
@wajihakhan94563 ай бұрын
Honestly this video has such life changing advice. Thank you for such knowledge. Especially for our community we need it more than anyone.
@NorthAmerican-Desi3 ай бұрын
Thanks for your support
@shahidParvezofficial2 ай бұрын
Excellent video and advice from Shabana. Thanks for the amazing interview
@NorthAmerican-Desi2 ай бұрын
Thanks… 🙏
@user-iq8fu6xo5s2 ай бұрын
Remember if you invest in RRSP not helpful , in retirement you have to pay taxes when withholding, and losing old age supplements.
@Prithvichouhan406Ай бұрын
Withdrawal 15000$ yearly...live in other country
@SyedAli-dl4cv2 ай бұрын
Shabana explained it well. I appreciate the idea of bringing her to the podcast. Life insurance is definitely a good suggestion but what about the life insurance provided thru the employer. Does it cover the tax free benefit payment after one’s death. Are those life insurances same as she explained?
@ashupandya72633 ай бұрын
Very informative post… Thank you 🙏
@azraghaffar26133 ай бұрын
There are too many taxes in canada, and they don't stop even after retirement ..... the system doesn't promote the middle class ....very sad
@NorthAmerican-Desi3 ай бұрын
I would say the system doesn’t promote the salaried class…
@rukhsanashaukat74722 ай бұрын
My question is why we hold our money in RRSP insted of investing in back home to buy property etc at least after retirement peace of mind
@rafaymuhammad25233 ай бұрын
I learned a lot from this, thank u very much 😊
@NorthAmerican-Desi3 ай бұрын
Thanks,,,,
@Feroz1333 ай бұрын
That is why Canadians are leaving Canada in mass.
@RajDas-ob4mp2 ай бұрын
Why aren’t you going back
@rohanutep813 ай бұрын
In Canada you will always remain middle class all your life with so many taxes
@braveheart8163 ай бұрын
That's what makes Canada the best ... in other countries there is a huge gap between rich and poor ... middle class is disappearing ... but ... Canada has maintained this balance, and that's good for everyone if you think as a nation, not individually.
@Fhaojsbdxbfo3 ай бұрын
There should be separate detailed sessions for oas, gis, cpp, tfsa etc
@NorthAmerican-Desi3 ай бұрын
Agree have covered some of these topics in separate videos on the channel and will keep covering more
@abdulwasay51033 ай бұрын
Nice video, very informative! 😊
@NorthAmerican-Desi3 ай бұрын
Thanks,,,
@HassanJavid13 ай бұрын
It would have been better if you had added links as well btw very insightful....
@NorthAmerican-Desi3 ай бұрын
Also link added.
@abelgomes22502 ай бұрын
Does a retired (65) person qualify for GIS when the annual income of both spouses is high. For example, Retired spouse makes 19k. Other spouses make 80k. Together, 99k.
@NorthAmerican-Desi2 ай бұрын
It’s on Individual income
@Fhaojsbdxbfo3 ай бұрын
Life insurance is also a separate and detailed topic
@NorthAmerican-Desi3 ай бұрын
Agree there is a separate detailed video on insurance
@piyushpatel95953 ай бұрын
Very informative video in hindi language. Thanks.
@NorthAmerican-Desi3 ай бұрын
Thanks for your support
@SubtainRathore2 ай бұрын
Videos should be short in length and to the point.
@mangomanjit2 ай бұрын
Have.
@sukumayasherpa94762 ай бұрын
Thanks a lot for good advice
@NorthAmerican-Desi2 ай бұрын
Thanks 🙏
@rukhsanashaukat74723 ай бұрын
Very good information
@NorthAmerican-Desi3 ай бұрын
Thanks..
@arshadbadar92243 ай бұрын
I have a question about CPP, lets say someone never worked or did a job to contribute to CPP; what about him at his retirement age 65 and when he will get CPP or not?
@NorthAmerican-Desi3 ай бұрын
Short answer is no cpp…. But I would highly recommend to use the cpp calculator….
@arshadbadar92242 ай бұрын
@@NorthAmerican-Desi dear, if someone landed in 2015 and from that time to his retirement he never did a job and did not contribute a penny! and at 65 age what he will be getting except OAS?
@RaziaSultana-jh9hx2 ай бұрын
I have a house, if I tranfer my house to my child in my life. At this point, will my child pay gain tax?
@NorthAmerican-Desi2 ай бұрын
Will be making a video on estate planning … stay tuned
@Noma87653 ай бұрын
V. imp.information,keep it up👍 Pls.share what about the house wifes which are dependent on their husbands due to some reasons.They are eligible for pension and OAS or etc.
@NorthAmerican-Desi3 ай бұрын
Best to reach out to Shabana directly... information.ask.2k@gmail.com
@kokabansari88423 ай бұрын
Very helpful very informative
@NorthAmerican-Desi3 ай бұрын
Thanks 🙏
@eepkt2 ай бұрын
My parents were in UK, life insurance is too expensive to afford. Do you think with $ 1300 pension can meey insurance. Ridiculous
@FreightExinc3 ай бұрын
GREAT VIDEO
@NorthAmerican-Desi3 ай бұрын
Thanks
@krishnagautam25752 ай бұрын
Very nice informative Videos 👍👏😊
@Prithvichouhan406Ай бұрын
RRSP UPTO 15000$ NO tax ON WITHDRAWAL IF YOUR YEARLY INCOME IS 15500$...
@NorthAmerican-DesiАй бұрын
Yup 👍
@zafarhussain99643 ай бұрын
Great info 😊
@NorthAmerican-Desi3 ай бұрын
Thanks..
@rameshchauhan53733 ай бұрын
Nice
@mangomanjit2 ай бұрын
If you 3years for your retirement.At what year you should apply for your CPP?pls let me know.Thanks a lot.
@NorthAmerican-Desi2 ай бұрын
If the intent is to maximize your return… it’s a complex math with some assumptions it’s best to work that with a financial planner… I suggest you reach out to Shabana
@MahadevPuri-d5r3 ай бұрын
Government pay ccp of my wife only 178/- only
@NorthAmerican-Desi3 ай бұрын
Yup that is so so low doesn’t help with cost of living
@izharkarim35373 ай бұрын
Take your pension go live in Bangladesh 😊
@davidedepaiva71043 ай бұрын
What about RRSP or joining companies with a private pension. It was never meant to be enough.
@NorthAmerican-Desi3 ай бұрын
Yes typically those company plans (dcpp) are far more lucrative / better…
@SyedAli-dl4cv2 ай бұрын
@@NorthAmerican-Desi Also, What about DBPP plans.
@shabanahasan6782 ай бұрын
Any pension income you receive, such as from a Defined Benefit Pension Plan (DBPP) or the Canada Pension Plan (CPP), is taxable. Receiving these incomes can also reduce your Old Age Security (OAS) benefits through the OAS clawback if your income exceeds a certain threshold. Therefore, higher pension income may reduce your OAS benefits.
@Nardevsingh023 ай бұрын
Really nice podcast ,just hv Question how should i chk my contribution in CPP till date
@NorthAmerican-Desi3 ай бұрын
Thanks…. That’s number you can find in your tax returns…
@anonymousgeneious80853 ай бұрын
If someone is planning to stay in Canada for 4-5 Years, should he opt for TFSA account ?
@NorthAmerican-Desi3 ай бұрын
Yes in that case it’s best to only hold tfsa
@rukhsanashaukat74722 ай бұрын
My husband gets OAS letter but he is still working should he apply or wait until retirement
@NorthAmerican-Desi2 ай бұрын
That’s a very specific question I would say best to reach out to Shabana
@Feroz1333 ай бұрын
What will happen if i retire before 60 years old.?
@NorthAmerican-Desi3 ай бұрын
You will need to rely on your savings and investments… govt pension will only kick in at 60
@swatigarden16463 ай бұрын
If we left Canada after 5 years CPP contribution, then still we eligible for pension after 60 years?
@NorthAmerican-Desi3 ай бұрын
Yes as long as you did contribute to cpp… now issue is contributing only for 5 years will only leave you with a few dollars as cpp payments
@MahadevPuri-d5r3 ай бұрын
Hello I was disabled government has AISH and CPP and retired after 65years now government has 2800 after 65years how much pay me please explain and my 60 years retired reason of she help me for dialysis and other medical care
@NorthAmerican-Desi3 ай бұрын
I am not fully clear on your question but if you want to know the exact amount you should expect to receive then go on to the calculator link I have shared in the description of this video
@vicsh.79243 ай бұрын
Mark, my words. A pension after retirement is not even enough to buy good-quality food for a month. Period.
@NorthAmerican-Desi3 ай бұрын
Exactly…
@shabanahasan6783 ай бұрын
That's true
@kamkala70472 ай бұрын
Go and work, stop complaining.
@vicsh.79242 ай бұрын
@@kamkala7047, I hope you keep working all your life for corporations and keep making them rich. It is not about complaining but about overall balance.
@Prithvichouhan406Ай бұрын
I wanna get retirement at 51 ...do i get something as a pension
@NorthAmerican-DesiАй бұрын
Nope not till age 60
@MsSurinderChahal3 ай бұрын
Nothing new in this video. Everything you can find go on Canada pension plan. And will get every answer
@rukhsanashaukat74723 ай бұрын
If we invest 20000 amount from TFSA for a 1yrs its good or not
@NorthAmerican-Desi3 ай бұрын
Can you share more details to your question… you want to transfer into tfsa 20k or you have 20k in tfsa and only want to invest for 1 year and then take it out ?
@rukhsanashaukat74723 ай бұрын
I have 20000 in my TFSA since 3 yrs so i want to invest them in some others ways at least i can receive some profets
@NorthAmerican-Desi3 ай бұрын
@rukhsanashaukat7472 I would keep it in tfsa but invest in stocks like done leave it as cash… I would buy vsp.to (S&P 500 index) in small increments over next 6 months using that 20k…
@surinderkumar-ku4bw2 ай бұрын
Pension ke lie canada main saal main 180 din rehna jaruri hai? Pl reply
@NorthAmerican-Desi2 ай бұрын
Yes
@surinderkumar-ku4bw2 ай бұрын
@@NorthAmerican-Desi may be it is only CPP?
@NorthAmerican-Desi2 ай бұрын
@surinderkumar-ku4bw I meant for all and any benefits called out in this video
@surinderkumar-ku4bw2 ай бұрын
@@NorthAmerican-Desi thank you for uploading such informative video.
@happyfamilyvlogs4463 ай бұрын
Canadian now living in india.new subscriber
@NorthAmerican-Desi3 ай бұрын
Many thanks for your support.
@golflover652 ай бұрын
She didn’t say anything
@NorthAmerican-Desi2 ай бұрын
As in ?!!
@user-iq8fu6xo5s2 ай бұрын
Canada Canada pension is good enough only for elected politicians in parliament. They want you all to pay taxes and collecting welfare benefits in retirement and stay poor . Better move out from Canada,
@nigaralvi82883 ай бұрын
If any body have visit visa for 7 years and he is in canada for 55days going back to home country soi want to know about PR how and when apply for this ? is it possible to get urs contact no pl give me for further information if u do not mind
@NorthAmerican-Desi3 ай бұрын
Hi I highly recommend you consult an immigration consultant… the one I recommend I have left there contact details under my immigration related videos I strongly suggest you reach out… Here is the contact email: information.ask.2k@gmail.com
@nigaralvi82883 ай бұрын
Thanks for reply and information😊
@muhammadadilrashid25373 ай бұрын
She is very confused and doesn't know anything, even contradicting herself and giving wrong information.
@NorthAmerican-Desi3 ай бұрын
Can you say exactly which part… like any one example…
@muhammadadilrashid25373 ай бұрын
@@NorthAmerican-Desi For example, when you inquired about which income will affect the Old Age Security (OAS) payment amount, she stated that the amount you had been earning before retirement would impact it. This is incorrect. The OAS payment amount is influenced by your income from the year you turn 65 if you are receiving it at age 66, and by your income from the year you turn 66 if you are receiving it at age 67. Pre-retirement income does not affect OAS payments.
@diwakar632 ай бұрын
Where are you located
@NorthAmerican-Desi2 ай бұрын
Used to be canada… recently moved to usa with our jobs
@syedabadarmoosvi67353 ай бұрын
Mujhy tu nhi milta kuch bhi
@NorthAmerican-Desi3 ай бұрын
You should certainly talk to a financial advisor and see why not and how to
@indy500tabasco82 ай бұрын
👽👽👽👽🌏👽👽👽👽
@golflover652 ай бұрын
Unprofessional
@NorthAmerican-Desi2 ай бұрын
Sorry?!?
@lavlii11862 ай бұрын
Who should do the life insurance parents or kids not clear
@NorthAmerican-Desi2 ай бұрын
Your self as a parent should get a life insurance…
@thegame68223 ай бұрын
Please explain if I leave canada after being here for 10 years, will I get OAS? Is it mandatory to be a Canadian citizen?
@shabanahasan6783 ай бұрын
If you've lived in Canada for at least ten years after turning eighteen, you may be eligible for the Old Age Security (OAS) pension, even if you leave Canada. Being a Canadian citizen is not mandatory to receive OAS, but you must meet the residency requirements. If you live outside of Canada, you need to have lived in Canada for at least twenty years after turning eighteen to continue receiving OAS payments abroad.
@lavlii11862 ай бұрын
Who will give the insurance when you are old
@NorthAmerican-Desi2 ай бұрын
Sorry not clear on your question? There are insurance companies that provide insurance you can reach out to Shabana for more details - contact email in the description of this video
@shahidParvezofficial2 ай бұрын
Kindly provide Shabana business contact information
@NorthAmerican-Desi2 ай бұрын
Here you go: Reach out to Shabana Hasan: information.ask.2k@gmail.com
@AmirKhan-yd9tj3 ай бұрын
Shabana contact number
@NorthAmerican-Desi3 ай бұрын
Information.ask.2k@gmail.com
@SyedAli-dl4cv2 ай бұрын
@@NorthAmerican-Desi Thanks for sharing. Do you know what are the charges for Financial planner services in general. An idea should be sufficient to know how much.