You’ve heard of the Great Resignation. But what about the Great Recognition? Learn what many law firms have already discovered: building a culture of appreciation starts with a pension plan.
Growing wealth is one thing—but preserving it requires an entirely different mindset. You need a plan to manage your assets, minimize your taxes, and transfer your wealth on your own terms.
You’ve probably heard the expression: “A confused mind does nothing.” Well, if there’s one subject that confuses the heck out of just about everyone, it’s company pension plans.
Two things in life are certain: taxes and something else. (Plugs ears). We all have to pay our fair share, but RRSPS and TFSAs allow you to be strategic about the timing and amount of taxes you’ll pay.
Of all the big-ticket items awaiting you in the land of Financial Responsibility, the idea of investing for the first time can feel like one of the most intimidating processes of all. But it doesn’t have to be that way.
There’s a saying about lawyers that doesn’t exactly bode well for retirement planning: “Most lawyers live well, work hard and die poor.” And there’s more of that middle part – the working part – for lawyers than for most.