Games for Hope 2019

We are pleased to inform this event raised around $200K net after expenses. A hugely significant figure that will greatly help the sponsored children’s charities! On Saturday, June 15th, the Total Wealth Management Group team, competing fiercely to win 3 out of 4 games, did make it to the volleyball playoffs … where we unfortunately […]

G4H 2019: Help us raise funds for children’s causes

As in years past, it is our pleasure once again, to participate in The Games for Hope Foundation’s Corporate Sports Benefit Tournament. Every year a dedicated group of volunteers puts together this large corporate multi-sports tournament to raise money for deserving children’s causes. They anticipate having close to 1,500 participants, volunteers, colleagues, media partners, family, […]

RRIFs Part 2: What happens at end of life?

In our previous post RRIFs Part 1: What are they?, we covered some RRIF basics. We said that while an RRSP is designed to receive contributions, a RRIF is designed to be used only for withdrawals, with very limited exceptions. The most common exception is when a RRIF receives, aside from an RRSP rollover, a […]

RRIFs Part 1: What are they?

Maximizing cashflow during retirement means using a combination of investment vehicles. While RRSPs are a commonly used tool towards that goal, it logically follows that most retirees will eventually own a RRIF.  RRIFs are similar but have their own unique features. RRSP vs RRIF A Registered Retirement Income Fund (RRIF) is essentially a continuation of a […]

Letting go of bad habits

We all have bad habits. Sometimes, these are small and seemingly harmless, like a person biting their nails or forgetting to put empty coffee cups in the recycle bin. Other bad habitual behaviours can have potentially risky outcomes, like regularly driving beyond speed limits or reaching for comfort foods too often. Perhaps the most detrimental […]

Email Management Tips for Professionals

Business communication used to be centered around in-person meetings and phone calls made from a landline. Fax was all the rage for a period of time, but nothing has really impacted professional communication the way email has. Not only does email make messaging easy and convenient, it allows professionals to work from just about anywhere […]

Rising Healthcare Costs and Your Retirement

When an individual plans for retirement, they often think of how much money is needed to fund their lifestyle. This is important, as one’s housing, travel and spending habits are personal and will affect their retirement income needs. However, many Canadians fail to anticipate the full cost of healthcare in their older years. It’s not […]

Turning “Type 1” into “Type None”

Type 1 diabetes (T1D) is an un-curable disease. Millions of Canadians face an ongoing struggle to manage blood sugar levels, balancing food intake with constant insulin injections. As some may know, I am also a type 1 diabetic and I’m no stranger to the daily routines and disciplines required to control this disease. I’m sending […]

Decision Fatigue

The average American adult makes over 35,000 decisions each and every day, as recently reported by The Wall Street Journal (WSJ).  This is likely no different for Canadians. Not every decision is critical – for example, what to eat for breakfast or which shoes to wear – but when these seemingly simple tasks engage our […]

Innovations in Health

Canadian researchers in Waterloo, Ontario have found a way to use artificial intelligence (AI) and data from wearable, health-monitoring technology to detect potential health problems in users. Many of our clients are FitBit owners (or use a comparable product). This comes as no surprise, as 1 in 6 people in the United States of America […]