Ken Garraway
1046 Cedar Steet V9W 5J8 Campbell River, BC, Canada

Sparking A Culture Of Saving: A Lesson From Covid-19 Millions of people are currently experiencing financial hardship in one way or another, as a result of the pandemic and the economic recession our country is experiencing.

2020 Q2 Market Summary and Outlook The S&P/TSX Composite Index, S&P 500 Index Total Return and other global equity indices bounced sharply higher from March lows.

The Resilience Factor: How To Apply It To Improve Your Financial Life Life is full of constant obstacles and adversities of varying degrees. By practicing some of the key strategies of resilience, we can overcome those adversities to not only survive and get by but to thrive in our personal and financial lives.

Making smart moves when cash is tighter than time Lots of people have more time than money nowadays. If youre one maybe youre taking a staycation or you freed up commuting hours by working from home optimize that extra time by making smart financial moves that wont cost a dime.

Top 10 Most Common Financial Mistakes Here we'll take a look at some of the most common financial mistakes that often lead people to major economic hardship. Even if you're already facing financial difficulties, steering clear of these mistakes could be the key to survival.

Chasing Early Retirement? Here Are 4 Questions to Ask in Light of the Pandemic. For people pursuing financial independence or planning to retire early, the coronavirus pandemic has offered perhaps the ultimate stress test.

Financial check ups more important than ever during turbulent times like these As governments roll out plans to reopen the economy in the wake of the COVID-19 pandemic, experts say individual Canadians need to update their own financial plan to move forward too.

Start Your Retirement Planning Right With This Exercise Tips from behavioral science can help you succeed with your retirement planning.

Four tips for navigating todays highly uncertain markets The global market environment today is more uncertain than at any time in recent memory. It has been a healthy reminder that investment decisions are best made with the head rather than the heart.

When More Information Leads to More Uncertainty Every day we are faced with a torrent of information from news articles, cable networks, social media, the White House, the Center for Disease Control and yet, there are no clear answers.

How Our Values Will Shape Our New Normal We cannot control events or circumstances, but we can control how we react to them and how we move forward through them.

What Has Covid-19 Taught Us About Retirement Risks? For people who are able to retire, retirement has always been a period of uncertainty. It is important to plan for retirement and this requires consideration of a range of risks. Covid-19 has taught us a few lessons about these risks.

5 Ways to Control Emotional Spending Emotional spending occurs when you buy something you don't need and, in some cases, don't even really want, as a result of feeling stressed out, bored, under-appreciated, incompetent, unhappy or any number of other emotions.

As provinces reopen, Canadian economy shows flickers of life The Canadian economy is showing signs of a fragile rebound as provinces ease lockdown restrictions, suggesting that the worst of the damage inflicted by the COVID-19 pandemic is over provided that the outbreak is contained in the months ahead.

How to save smarter when youre spending less Among all of the challenges that COVID-19 has brought, there have also been some positive changes that have emerged.

5 questions to help figure out where your money should go when things get hard Here are five questions to ask yourself to figure out where your money should go first.

How to Think More Effectively During a Crisis Shift your thoughts so you can move into the future with more clarity, confidence and control.

7 Financial Lessons the Crisis Will Teach Us And how we can use those lessons to be smarter moving forward.

Some pandemic habits are worth keeping Here are four pandemic financial habits that are probably worth keeping after the worst of it has passed.

The 30-Minute Financial Check You Need To Make Now How should you spend 30 minutes to improve your financial life while coronavirus runs its course? Some financial advisors share their tips, and here are the ones that represent the best use of your time.

How Much Money Is Enough In Retirement? Its impossible to overstate the role that money plays in the decision to retire. It is, after all, the thing that gives us permission. We all know we need an adequate supply, and so we worry.

Canada, heres how we are going to survive this pandemic together In these pandemic times, where each new headline is more frightening than the last, its okay to be scared, or unsure in uncertain times. Look to the helpers.

Adjusting To Retirement: Taking A New Path A theory of retirement adjustment is known as the Life Course Perspective. Its a very broad approach coming from the field of sociology that takes into account all the elements in ones life.

Create an Estate Plan So Your Kids Don't Inherit a Headache Knowing what will happen to a piece of property before its owner becomes ill or dies can help families avoid relationship rifts and lengthy litigation.

The 12 Worst Reasons To Ignore Planning For Retirement Either way, here are the 12 worst reasons for you to ignore retirement planning. Admit it, youve probably said a few of these over the years.

Your 2019 Tax Return Checklist The April 30th tax filing deadline is around the corner (June 15th for self-employed persons). As you get ready to file, download our PDF checklist to ensure all of your tax documents are in order.

Real Estate Agents Answer: What Are Your Best Tips For Buyers Who Are Downsizing? Downsizing is a big step for a lot of seniors and, for many, it can be a hard change to make. Here are the top tips from real estate agents on how to handle the process.

2019 year-end tax planning checklist Even though financial planning is a year-round activity, certain issues become especially important as year-end approaches. The following checklist will help identify and explain strategies that could reduce your taxes this year or next.

Optimizing your retirement income If you are heading toward retirement with a well-balanced portfolio of assets and/or guaranteed income sources such as an employer pension, you may already have enough anticipated resources to create a life-long income stream.

Important dates to help you get ready for tax season As you start preparing your 2019 return, we want to ensure youre aware of important upcoming deadlines and dates, so you have everything you need to file your return with minimal hassle.

When is the right time to retire? Maybe later than you think For those who enjoy what theyre doing and are able to keep working, putting off retirement for a few more years can have significant benefits.

Do You Have to Be Active to Have a Successful' Retirement? Ask Encore: I plan to retire this year, and I'm trying to figure out how I want to spend my time. Your columns seem to focus on active retireespeople volunteering, working part-time, starting new careers. Is that, primarily, what makes for a good or successful retirement?

Canadians still having trouble understanding RRSPs While Canadians hold a total of more than $40-billion in their RRSPs, there remains a lot of confusion over what they actually are and how they work.

Plan now to pay yourself later During your working years, you generally have clarity on your monthly income. The process of planning for retirement income is different because it is not what you are used to. And that can cause feelings of uncertainty.

Estate Planning: Dont Make These Five Mistakes Its not enough to just divvy up your assets. Here are some mistakes you might make when organizing your will and estate.

It's not too late to set money resolutions for 2020 New Year's Day has come and gone and perhaps your resolve to stick to your resolutions has disappeared by now as well. If so, don't despair it's not too late to set and achieve some money goals.

Take a safety-first approach to retirement savings Whether youre in retirement or heading in that direction, its a good idea to understand the key risks that every retiree will face.