The article “IVF and adoption costs in Canada” was originally published on MoneySense on May 17, 2021.  Photo by Justin Groep on Unsplash.   Having kids can be expensive for every family—but for Canadians with fertility issues, there are added financial and non-financial costs.  Often, this column answers questions about…

The article “Selling your house? Here’s where to invest the proceeds” was originally published on MoneySense on May 14, 2021. What to do with the proceeds of a house sale, RRSPs and TFSAs? Invest. Here’s how robo-advisors might work. Q: My wife and I recently sold our house here in the…

The article “How to stop debt or pension payments after someone has died” was originally published on MoneySense on May 10, 2021. Jarnail’s son passed away recently, yet his student loan payments continue to be withdrawn. What should his next steps be? The difficult reality of losing a loved one…

Paul and his wife have a non-registered investment account and want to make sure they are reporting the income correctly on their tax returns. Q. My wife and I sold our home two years ago that was in both our names and we opened up a non-registered account in both our…

The article “New Investment Approaches For Risk-Averse Canadians” was originally published on MoneySense on April 28, 2021. Old-school investors may find the capital preservation techniques they have relied on in the past won’t work the same in the future. Bonds have long been the solution for investors seeking capital preservation…

The article “Where Do We Pay Income Tax If We Retire Abroad?” was originally published on MoneySense on April 20, 2021. There are tax implications in both countries if Marianna moves to Mexico full-time. Q. We’re thinking about moving to Mexico full-time when we retire. Where would we pay income tax…

The article “How Financially Viable Is Your Rental Property?” was originally published on MoneySense on April 12, 2021. Rental real estate has been a great investment for many Canadians. But how do you assess whether yours is likely to work out? After rising steadily in many cities across Canada for…

The article “Marriage Or Mortgage: Which Is The Better Investment?” was originally posted on MoneySense on March 29, 2021. Couples are sometimes torn between making their wedding a big celebration and starting their financial life together on the right foot. Weddings can be expensive, but so can many of the…

The article “Maximizing Spousal RRSP Contributions In Your 70s” was originally published on MoneySense on March 22, 2021. Don wants to know exactly when is the cutoff for contributions in his wife’s case, and when to convert the savings to a registered retirement income fund (RRIF). Q. My wife will turn…

The article “Should You Always Split Your Pension Income?” was originally published on MoneySense on March 15, 2021. Narayan wants to know the best ways to save income tax, given the disparity between his income and his wife’s. Q. Is it always advantageous to use pension income splitting? I have…

The article “How To Invest Down Payment Funds While Timing The Real Estate Market” was originally published on MoneySense on March 8, 2021. Liz sold her home in anticipation of becoming an empty nester, but prices keep rising while she rents and waits to buy again. Q. Five years after buying…