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![How to tap your home’s value during retirement](https://www.caringforclients.com/wp-content/uploads/sites/30/2019/04/globe-and-mail.png)
How to tap your home’s value during retirement
Property values have risen steadily across Canada in recent decades, giving retirees who own their homes some extra financial cushion for their golden years.
![How to tap your home’s value during retirement](https://www.caringforclients.com/wp-content/uploads/sites/30/2019/04/globe-and-mail.png)
Women-centric financial advisory teams offer investors a unique perspective
An all-female team may offer investors a different, perhaps more relatable, approach to financial advice.
![What’s a TFSA for? It can help your kids be student-debt free](https://www.caringforclients.com/wp-content/uploads/sites/30/2019/04/global-news.png)
What’s a TFSA for? It can help your kids be student-debt free
The beauty of tax-free savings accounts is their simplicity. You put money in, watch it grow tax-free and take it out whenever you want, also tax-free. That’s it.
![What is advice-only financial planning?](https://www.caringforclients.com/wp-content/uploads/sites/30/2019/12/cut-the-crap-investing.jpg)
What is advice-only financial planning?
All investors can benefit from financial advice. Quite simply there is ‘stuff’ that we don’t know. And you don’t know what you don’t know. But there are professionals who do know. There are various types and levels of advice. In this post we will top line what is advice-only financial planning? It can also be referred to as pay-for-service advice.
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Could cross-border partnerships be the key to serving ex-pat clients?
Whether an advisor develops an ongoing collaborative relationship with an advisor in another country or works on an ad-hoc basis with various experts outside Canada, it’s critical to choose international partners with care.
![How to tap your home’s value during retirement](https://www.caringforclients.com/wp-content/uploads/sites/30/2019/04/globe-and-mail.png)
As Emily approaches retirement, how soon should she draw on her RRSP?
Emily, 66, will work full-time until the spring, then continue part-time until mid-2021, at which point she would retire fully. When should she draw on government benefits, what should she use to pay off the remainder of her mortgage and when should she sell her home?
![How to tap your home’s value during retirement](https://www.caringforclients.com/wp-content/uploads/sites/30/2019/04/globe-and-mail.png)
Health-care costs need to be top of mind during retirement planning
Planning financially for retirement requires taking many uncertainties into consideration. One of the greatest is the cost of health care. Although some health-care costs are covered in Canada, there are many – ranging from medications and massages to nursing homes or at-home care – that need to be paid out of pocket.
![How to tap your home’s value during retirement](https://www.caringforclients.com/wp-content/uploads/sites/30/2019/04/globe-and-mail.png)
Should parents pay for their child’s university or college costs?
“Many people are struggling with the decision of how much to pay – and the degree to how that impacts their future,” says Rona Birenbaum, a certified financial planner in Toronto. “This is creating financial tension around education.”
![How to tap your home’s value during retirement](https://www.caringforclients.com/wp-content/uploads/sites/30/2019/04/globe-and-mail.png)
How to pick the right fee-for-service financial planner
Financial planner Rona Birenbaum is so busy that she’s been turning away an average of two clients a day over the past couple of weeks. “We are slammed right now,” said Ms. Birenbaum, whose Toronto-based firm is called Caring for Clients. “There are more people wanting our services than we have capacity. I have a waiting list of 20 fantastic people.”
![“Help! My RRSPs are all over the place”](https://www.caringforclients.com/wp-content/uploads/sites/30/2019/04/moneysense.png)
“Help! My RRSPs are all over the place”
Having multiple retirement savings accounts can make it tough to monitor the mix and returns on all of your investments, and it may be costing you more than you realize. Here’s how to bring them all together.