Atherton Financial Group Inc.

Blog Posts

Unlocking Financial Success: The Benefits of Working with a Canadian Financial Planner for Your RSPs

Ready to elevate your retirement savings game? Dive into our latest blog post as we unravel the secrets to maximizing your Registered Retirement Savings Plans (RSPs) with the expertise of a Canadian financial planner. Discover the personalized strategies, tax optimization hacks, and long-term planning insights that could reshape your financial future. Don't settle for average; aim for financial excellence! Click to read more and embark on a journey toward financial prosperity. đź’Ľđź’° #FinancialPlanning #RSPs #WealthManagement #RetirementGoals #FinancialSuccess

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December Hours

Our office will be closed from noon on December 22nd and will reopen on January 4th. May the Christmas season fill your home with joy, your heart with love and your life with laughter.

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Debt and savings concerns are up

With interest rates on the upswing in Canada, families and retired individuals are facing mounting concerns regarding their debt and savings. The tightening monetary policy of the Bank of Canada has led to higher borrowing costs, burdening households with increased monthly payments. Simultaneously, saving for retirement and unexpected expenses has become more challenging as low-risk investments fail to generate adequate returns. In this article, we delve into the implications of rising interest rates on debt and savings, providing strategies for managing debt and maximizing savings to safeguard long-term financial stability.

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2022 Federal Budget

Finance Minister Chrystia Freeland tabled the 2022 Federal Budget on April 7, 2022. Housing and affordability took the main stage with numerous measures aimed at tackling housing access, affordability, and improvements. There are no broad-based tax increases on individuals or corporations. The capital gains inclusion rate remains at 50% and there’s no real change to the principal residence exemption. The main revenue-generating measures of this budget are targeted at banks and life insurer groups: a one-time Canada Recovery Dividend is a tax of 15% on 2021 taxable income over $1 billion, payable over five years; and a permanent tax increase of 1.5% to 16.5% on income in excess of $100 million applying to taxation years after budget day and prorated for a taxation year including budget day.

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Mutual funds vs. segregated funds: What's the difference?

If you’ve made the decision to invest some of your money, you may be wondering which option will offer you the best bang for your buck. Two of the most popular choices among investors are mutual funds and segregated fund policies.

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