You Need $460,000 to Retire Comfortably in Canada — Your Kids Are Not Your Retirement Plan
For many Canadians, especially in immigrant and close-knit communities, it’s still common to believe that adult children will “take care of” their parents in retirement. But the reality is: your kids are not your retirement plan—they’re human beings with their own lives, dreams, and financial pressures. Relying on them may not just be unfair—it could […]
The $100,000 Mistake: Why You Are Bleeding Tax Without a Corporation
If you’re a physician or dentist earning six figures in Canada, you’re likely facing personal tax rates exceeding 50%. Operating as a sole proprietor or simply taking your income personally means you’re handing a big chunk of your earnings over to taxes every year. Incorporating your medical or dental practice through a Canadian Controlled Private […]