There are many advantages to having a holding company: it helps protect assets from liability, facilitates income splitting, allows for tax deferral and more. However, there are also some disadvantages to be aware of and not all incorporated businesses need to have another company to hold their assets.
With investors experiencing massive equity corrections and interest rates falling to rock bottom, an additional asset class, which may offer augmentation to your retirement plan, can be considered. In this article, we review a retirement strategy from two angles: standard and augmented.
The end of a long bull market may have you concerned whether your financial goals will still be met. Focusing on your long-term financial strategy, we’ve highlighted some benefits of the current market correction that we encourage you take advantage of.
Given the current environment, it is easy to lose sight of the future and focus only on the immediate and short-term. However, it is important that you review your current retirement strategy and uncover ways you can take advantage of the current market and government measures. This will help position you even stronger in your retirement planning journey.
In our latest issue, we address responsible investing, a trend that we believe will stand the test of time, as well as different options to create a risk-controlled environment for your retirement.