FAQ
Here are answers to the most Frequently Asked Questions (FAQ) we receive. If you don’t find the answers to your questions here, please contact us and will be happy to help you.
The earlier, the better. Starting in your 30s or 40s allows compound growth to work in your favor, but even if you’re starting later, strategic planning can still yield strong results. Mike helps clients at every stage build a personalized roadmap based on their goals, income, and lifestyle expectations.
Contact us to learn more – you will obviously want to work with a Chartered Investment Manager (CIM) and 1invest.ca to be sure.
Both accounts offer tax advantages, but they serve different purposes. RRSPs are ideal for reducing taxable income and saving for long-term retirement, while TFSAs offer flexibility and tax-free withdrawals. Mike evaluates your income, retirement timeline, and tax bracket to recommend the right mix.
Contact us to learn more – you will obviously want to work with a Chartered Investment Manager (CIM) and 1invest.ca to be sure.
It depends on your lifestyle, location, and retirement goals. A common benchmark is $1.2–$1.7 million in total assets, but this varies widely. Mike uses detailed financial modeling to help clients determine their “retirement number” and build a plan to reach it.
Contact us to learn more – you will obviously want to work with a Chartered Investment Manager (CIM) and 1invest.ca to be sure.
Retirement doesn’t mean your investments stop working—it means they shift focus. Mike helps clients transition from growth-oriented portfolios to income-generating strategies, including RRIF conversions, dividend stocks, and annuities, ensuring steady cash flow and tax efficiency.
Contact us to learn more – you will obviously want to work with a Chartered Investment Manager (CIM) and 1invest.ca to be sure.
Diversification, risk-adjusted asset allocation, and regular portfolio reviews are key. Mike builds resilient portfolios that balance growth with stability, using tools like inflation-protected securities, dividend-paying equities, and strategic rebalancing to safeguard your future.
Contact us to learn more – you will obviously want to work with a Chartered Investment Manager (CIM) and 1invest.ca to be sure.
