SHIJA KAVIL

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SHIJA KAVIL Licensed Financial Professional

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Gray Divorce Reality Check: How Splitting Assets Threatens Your Retirement Nest EggGray divorce—divorce after age 50—has...
10/18/2026

Gray Divorce Reality Check: How Splitting Assets Threatens Your Retirement Nest Egg
Gray divorce—divorce after age 50—has seen rates double since the 1990s, and this has created a new challenge for those approaching retirement. When retirement funds are divided as marital property, your nest egg can take a significant hit unless those assets are specifically protected. Using a QDRO (Qualified Domestic Relations Order) is key to dividing retirement accounts properly and avoiding unnecessary taxes. Any contributions made after filing are retained by the contributor. As someone who helps clients prepare for uncertainty—whether it’s outliving retirement savings, an unexpected loss, or changes in health—I know these transitions can add extra complexity. Planning ahead for these possibilities is a vital part of safeguarding your financial future.


https://www.roomvu.com/agent-news/shija-agustin-1/2055433-Gray-Divorce-Reality-Check%3A-How-Splitting-Assets-Threatens-Y

Retire Comfortably: Tips for Maximizing Your PensionWhen it comes to retirement, having a pension is a great start—but i...
10/17/2026

Retire Comfortably: Tips for Maximizing Your Pension
When it comes to retirement, having a pension is a great start—but it’s only one piece of the puzzle. I always encourage clients to look at the full picture: blending your pension with Social Security and other savings accounts helps create a more solid foundation for the future. It’s also essential to consider how taxes, inflation, and unexpected expenses can impact your long-term comfort and flexibility. My focus as a WFGIA insurance agent is helping you prepare for whatever life brings, ensuring you’re ready for both the expected and the unexpected.


https://www.roomvu.com/agent-news/shija-agustin-1/2059972-Retire-Comfortably%3A-Tips-for-Maximizing-Your-Pension

Best Places To Retire on $2,600 a MonthPlanning for retirement on a fixed income is a reality for many. Did you know tha...
10/16/2026

Best Places To Retire on $2,600 a Month
Planning for retirement on a fixed income is a reality for many. Did you know that 35 U.S. cities make it possible to retire comfortably on just $2,600 a month? Over 30% of these options even come in under $1,600, with most cities offering average rents below $1,000 and livability scores above 69. For those who are budget-conscious, these numbers show that quality of life is still within reach. As someone who helps clients prepare for uncertainty—whether it’s outliving your retirement, facing unexpected events, or navigating disability—I believe understanding where your money goes is just as important as how you protect it.


https://www.roomvu.com/agent-news/shija-agustin-1/1954175-Best-Places-To-Retire-on-%242%2C600-a-Month

10/15/2026

Canada Early Retirement Healthcare Guide
Thinking about retiring early in Canada? While our universal healthcare takes care of the big things, early retirees still need to plan for prescriptions, dental, vision, paramedical services, and emergencies that happen outside the country. Most provinces have dropped health premiums, but Ontario uses an income-based tax, and in Quebec, you need prescription drug coverage if you don't have private insurance. Support can look different depending on where you live—BC and Quebec stand out for prescription help, and the national dental program can lend a hand if you’re eligible and lack private coverage. Travel and relocation bring added layers: provincial plans only cover limited costs if you need emergency care abroad, there’s a wait for coverage if you move (up to 3 months), and staying outside Canada for over 6 months can mean losing eligibility. My approach as a WFGIA insurance agent is to help you prepare for uncertainty—so if you’re considering early retirement, it’s wise to track your recurring health expenses, estimate your retirement income, check what you qualify for, and weigh whether self-funding or private insurance fits best. It’s all about making sure you’re ready for the expected—and the unexpected.

10/14/2026

Canada Retirement Withdrawal Rules for 2026
When navigating retirement withdrawals here in Canada, it’s important to know how each account type affects your income tax. RRSP withdrawals are considered taxable income, while TFSA withdrawals are not. Non-registered accounts mix non-taxable principal with taxable gains, dividends, or interest, so your strategy should balance all these elements. Many couples aim to keep taxable income under about $58,000 each to help reduce taxes and minimize benefit clawbacks on programs like OAS, GIS, and CCB. Registered accounts let your investments grow tax-deferred, but capital gains outside these accounts are only taxed when you sell, and you’ll pay full tax rates on foreign dividends and interest. A common approach is to start with non-registered dividends, use pension-income splitting if you can, and sometimes draw down RRSPs earlier to smooth taxable income over the years. As TFSAs become a bigger part of the retirement picture, their tax-free withdrawals can provide more flexibility—especially if you have additional side income to factor in. My role as an insurance agent is to help you prepare for the unexpected, and coordinating your withdrawals is just one part of building a retirement plan that adapts to whatever life brings.

10/13/2026

Managing your money and lifestyle could help you retire earlier
Have you heard about the FIRE (Financial Independence, Retire Early) movement? It’s a disciplined approach that focuses on saving 50-70% of your income to build a nest egg worth 25 times your annual expenses. There are different paths like Lean, Fat, and Barista FIRE, but they all require commitment, a steady or higher income, and an early start if you want to reach financial freedom sooner. As someone who helps families plan for the unknown—whether it’s outliving retirement, facing unexpected loss, or becoming disabled—I see how these strategies can support a more secure future. Managing both your lifestyle and savings doesn’t just make early retirement possible; it also builds a safety net for whatever life brings your way.

10/12/2026

Canada's CPP Is Not a Complete Retirement Plan
Many Canadians are surprised to learn that CPP was only ever designed to replace about 25% of your lifetime earnings, and is gradually moving toward about 33%. That means it’s not intended to fully cover your retirement expenses. For those turning 65, the maximum CPP benefit is $1,500 a month—requiring almost 39 years of top-level contributions, which most people don’t achieve. In reality, new retirees typically see closer to $925 a month from CPP. Combined with Old Age Security and other public benefits, many find their total still falls short of what’s needed for a comfortable retirement. I’ve seen examples, like a retired couple in Huntsville, Ontario, living on around $30,000 per year from public benefits and a teacher pension—even with careful planning, it can feel tight. The amount you receive depends on decades of contributions, and gaps from career breaks, lower-earning years, or business challenges can have a real impact—even for the most disciplined savers. It’s wise to check your CPP contribution record early, review your retirement plans by age 55, consider delaying benefits to 70 for about 40% more, and always plan to save beyond government pensions. In my role, I help people prepare for these uncertainties—so you can move forward with more confidence, whatever your future holds.

10/11/2026

Happy Thanksgiving

While You're Enjoying the Market's Winning Streak, Don't Forget to Protect Your GainsIt’s easy to get caught up in the e...
10/11/2026

While You're Enjoying the Market's Winning Streak, Don't Forget to Protect Your Gains
It’s easy to get caught up in the excitement of the market’s recent double-digit gains, but as you head toward retirement, it’s crucial to think about protecting what you’ve built. During the so-called 'fragile decade,' risk capacity naturally declines—even while assets are still growing. My focus is on helping you find that careful balance: seeking growth, yes, but also safeguarding your nest egg from the sequence of returns risk that can derail even the best-laid plans. Preparing for uncertainty is just as important as celebrating wins, and I’m here to help you keep both in perspective.


https://www.roomvu.com/agent-news/shija-agustin-1/1923237-While-You%27re-Enjoying-the-Market%27s-Winning-Streak%2C-Don%27t-For

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