Ali Nazarli - Sun Life Financial advisor

03/10/2022

Women and finances: 7 smart money moves you should make
True or false? Women can generally expect to live longer in retirement than men?

True! A 65-year-old Canadian woman can expect to live another 21.7 years, on average. For men, it’s 18.7 years.

Having a financial strategy that accounts for these extra years in retirement is vital, especially for women. Learn how you can improve your finances with these seven steps

This International Women’s Day embrace financial feminism and . Find out how in this article.

02/24/2022

Can a spousal RRSP help you save on taxes?
What is a spousal RRSP and how does it work?

A spousal RRSP is an investment account for your spouse’s retirement. It may help lighten the tax load for couples in their retirement. It works when there’s a difference in income and savings levels:
Spouse #1 has high income and a lot of money in their RRSP.
Spouse #2 has lower income and less money in their RRSP.
By spouse #1 contributing to the spousal RRSP of spouse #2, this evens out the contributions between the accounts, while lowering the household tax bill.

Hoping to learn more? I can help

A spousal RRSP might help you pay less tax as a couple. And who wouldn’t want to pay less tax? Find out how it works.

02/10/2022

RRSP deadline reminder
Reminder: March 1st is the deadline to contribute to your RRSP for the 2021 tax year. Now’s the time to think about contributing so you don’t miss out.

02/03/2022

Don’t wait for the RRSP deadline to save
Does this sound like you: It’s February and you’re caught off guard by the looming RRSP contribution deadline? There’s a much easier and less stressful way to contribute to your regularly. With payroll deductions your contributions are not only automatic, but you will reap the benefits of dollar-cost averaging. Buying into the market at various points versus only one moment in time.

Don’t miss out on this ease of investing. Reach out to me to get started.

Are you one of those people who contribute to their RRSPs at the last possible minute every year? There's an easier, stress-free way to save for your retirement.

12/17/2021

Here’s how much more Canadians can expect to pay for food in 2022

A report shows that the average family of four in Canada can expect to spend $966 more on food in 2022 than they did in 2021. Which food items will cost more? The biggest jumps will be in dairy, baked goods and vegetables. It will cost more to dine out too. Revisiting your finances in the new year is a good way to stay on top of your budget. You want to make sure you can afford these rising prices. Reach out to make an appointment with me today.

A new report released Thursday projects food prices in Canada will increase between five to seven per cent in 2022. The 12th edition of Canada’s Food Price Report projects that in 2022 the average family of four will spend up to $14,767 on food.

11/18/2021

How to build your wealth
Simply put, you need to know where you’re starting from before deciding what’s right for you. Put aside the noise and consider these three simple steps to help you build your wealth.

The amount of information available about how to build your wealth can be overwhelming. Find 3 simple steps that will help make building your wealth simpler.

11/18/2021

We break down the tax brackets in Canada for 2021 (and provinces, too) based on annual income
It’s never too early to start preparing for tax season. Here are Canada’s federal and provincial/territorial tax brackets and rates based on your annual income.

To help you prepare for tax season, our charts break down the different tax brackets in Canada based on your annual income.

11/09/2021

With year-end only weeks away, treat yourself this weekend by doing a little bit of tax planning
It’s the first week of November and that means there’s only nine short weeks until year-end. Here are a few things to think about over the next couple of months, given that markets have hit all-time highs and you could be sitting on substantial accrued capital gains in your non-registered portfolio.

This section is Presented by Manulife CoverMe This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. Breadcrumb Trail Links Taxes Personal Finance With year-end only weeks away, treat yours...

11/08/2021

We Remember
From our veterans, to those currently in service, to our frontline responders, we thank you for everything you've done and continue to do.

10/15/2021

How do I find out my net worth?
You’ve probably heard the running figures of just how much Jeff Bezos or Elon Musk are worth. Has this ever made you wonder what your net worth is? It’s not that hard to find out. Do you know how much savings you have? The value of your assets? And how much you owe in liabilities? If you know these numbers, a simple calculation will do the rest!

Once you’ve determined your net worth, let’s talk about how I can help you improve your overall financial health
https://bit.ly/10networth1

09/29/2021

When should you start CPP/QPP and OAS benefits?
When you’re planning your retirement, you tend to focus on how much money you need to put away. You shouldn’t forget about the money you get from the government. You can start collecting your CPP and OAS benefits in your 60s. But is it better to hold off for another few years? Here’s what to keep in mind before you tap into these pensions.
https://bit.ly/9CPP1

09/17/2021

How much alcohol is too much?
Drinking has become a normal, regular and widely accepted part of our social routines. We know that drinking too much isn’t healthy but have you ever wondered how much is too much? Or how bad alcohol actually is for you? Lumino Health spoke with a registered dietitian and a counsellor to learn more about the pros and cons of alcohol. Read more here.
https://bit.ly/9alcohol1