Practice

Help clients preserve their capital

When clients start cruising toward retirement, advisors need to help them preserve capital by keeping an eye on both the asset mix and where those assets are housed, says Kostas Andrikopoulos, president of KNA Strategic Wealth Consulting in Toronto. We gave him the scenario of a couple with between $500,000 and $1 million invested (75% […]

By Philip Porado |March 30, 2017

4 min read

Planning and Advice

Should this retired Toronto couple buy or rent?

The situation Torontonians Jonah and Yaelle Goldstein,* both 75, love their stately Lawrence Park home. But, it’s become too much work to maintain. With its four bedrooms, five bathrooms and expansive backyard, the house was great for entertaining clients, friends and family when the couple was actively working as real estate agents. Now that the […]

By Simon Doyle |March 24, 2017

8 min read

Planning and Advice

Encourage clients to brainstorm their ideal retirement

“Retirement is like a long vacation in Vegas,” former Wall Street Journal columnist Jonathan Clements once wrote. “The goal is to enjoy these years to the fullest, but not so fully that you run out of money.” Easy to say. Not always so easy to do. But advisors can help clients plan for the “good” […]

By Camilla Cornell |March 23, 2017

2 min read