Braeden Rigney- IG Wealth Management
Suite 102-391 First Street L9Y 1B3 Collingwood, ON, Canada

Through #COVID19 many Canadians are increasingly concerned about long-term care, whether for aging loved ones or our own well-being in retirement. On June 25, our expert panel will answer the most important long-term planning questions we should be asking. Register today: ow.ly/wdWj102hq4k

#COVID19 has changed the way we live, work and how small businesses operate. To help #smallbiz owners through this turbulent time, visit our small business owner support hub. ow.ly/MNzc102mEsL

Choosing the right executor is an important part of estate planning. Here's what you should look for when searching for one. ow.ly/S3xL102mEtZ

A few things to consider when renovating your home or cottage. https://www.igprivatewealth.com//renovating-your-home-keep

Yes, retirement should be exciting. But for many of us, the thought of leaving our jobs forever can be daunting. After all, our careers play an important role in shaping our identity. And to suddenly cut the cord means we have to find something else to fill the void. Retirement for many is the shift from doing what you HAD to do, to doing what you WANT to do. Think about what it is that you want to do.

Very interesting read. It's not only dietary habits that have changed but also how people shop. Online order and pick-up was available pre-pandemic but at a fraction of the popularity it has now. Would have to think that certain grocers will have to continue to increase their capacity to fill the growing demand for online order and pickup.

With home ownership essentially a right of passage in North America, I'm not going to suggest that home ownership is a bad investment. There are debates on both sides of the argument however, I will suggest that at the very least, it's a forced savings for many people who would be otherwise unable to save to RRSPs, TFSAs and non-registered investments etc. This article focuses on buyers in the US but it does a relatively good job of touching on a few of the costs associated with home ownership for the first time buyer to be aware of. A few costs that I would add that aren't an issue in the US would be CMHC insurance, closing costs and land transfer tax (varies on region and price of the home). Good info for a first time buyer to understand before making such a big purchase.

"The survey of about 2,000 Americans ages 25 to 70 showed that nearly 70 percent of sibling money disagreements focused on issues like how an inheritance is divided, which child provides more support for their parents and whether parents are fair in their financial support of the children." I would expect this data to be reflected in Canada as well. These sometimes awkward and difficult money conversations are extremely important. Don't avoid it. Start the conversation and seek out qualified advice on how to address the issues that come up.

Winning 50/50 ticket = $2.7M.