11 Year End Tips To Grow Wealth and Set Up For A Great 2025

[@georgeearling905]

Making good money before you retire is super important. It can boost your social security benefit and give you a stronger retirement portfolio. Basically, the more you earn now, the better off you’ll be later

[@nickiv.o.1215]

Thanks for this!

[@ishtiaqkhan6166]

Thank you for very informative and useful video

[@Retirement121]

Glad it was helpful!

[@neilbertram1922]

Very comprehensive, thank you. And there were a couple of tidbits that I had never heard before. 🙂

[@LoveMexicoLife]

Thank you so much for the quick reply! So I am assuming that the same scenario would apply to a capital gains loss in an rrsp? The differentiator being that the money removed out of the rrsp would be taxed but also losing the Capital loss write off?

[@LoveMexicoLife]

Hello thank you for the wonderful content. Can you please tell me if I have an investment in my tfsa that is currently at a negative, if I move it "in kind" into a non-registered investment account and then sell it from my non registered investment account, can I use that investment loss in my 2024 income tax?

[@Retirement121]

Unfortunately, not. When you transfer the asset in Kind from the TFSA to a non-registered account it resets the cost base (ACB). For example, if you had an investment that you paid $5000 for and it’s currently worth $3000 it transfers out at $3000 with a new cost base of $3000 so there would be no loss you could claim.

[@nguyenphuongchang3925]

Can you please do videos on certain kinds of Trusts that can be set up to guarantee disable children are secured financially when the parents pass away? Thanks.

[@ryanm7171]

As someone who lives in Ontario and who happens not to have any children, I am very interested in the concept of having a Donor Advised fund. Could you please do either a video about or name an Ontario DAF that can operate in perpetuity without naming trustees? This was a very helpful video.

[@Retirement121]

Great idea for a future video!

[@gordonpi8674]

Are you doing one time financial planning (advice) on retirement income and how much is your fee for that?

[@Retirement121]

Email us at [e-mail] and we will send out our cost and service information.

[@sharky6128]

It would have been nice for you to give a title each chapter ideas but thanks 😊

[@Retirement121]

Thanks for the idea!

[@DMait-xw1tw]

I have a cfp with a big bank. Returns have been ok. He has created a retirement roadmap that shows $ from various accounts. Are you able to review that roadmap and make comment? Is that a 500 dollar review or 5000?

[@Retirement121]

You can email [e-mail] for pricing info.