Funding your retirement income from your business depends on a number of factors, so it takes a systematic approach to make it work. I will cover some of the main points to consider to have a reliable retirement income. The first question to answer is what is going to happen to your business in…
1. Start now! Saving is hard, but there is no better way to save than in an account you will never pay tax on – now or later. You wont have to pay tax on interest, dividends nor capital gains. You can contribute $5,500 per year, and your contribution room has been growing. 2….
Hi It’s Myles from Business to Wealth. I will be discussing many topics here, but the main one is – How do I get my Business to Support Me – Instead of Me Supporting It? It is possible, and we will discuss the steps it takes to transition your business to support your lifestyle. I…
I have been reviewing the financial news, speaking to investment manager and economists, and reviewing the performance of the funds I represent to make sure they are delivering the type of performance expected of them. Here is how I see things shaping up, and strategies that need to be used for 2017. Economic Forecast As…
6 Steps for Networking and Making Live Connections on Linkedin LinkedIn can be used for more than passively waiting for people to respond to your profile. If you don’t take an active role in managing and promoting your account, chances are not much will happen. Here are 6 steps for networking and making live connections…
I hope things are going well. I was in Toronto last week attending seminars and information sessions from the major insurance and fund companies. Topics included economic forecasts, understanding millennials, future trends predicted by a think tank, tax changes and tax strategies, social media and entrepreneurship. There was a talk by the chief economist for…
Are you a non-smoker? Do you have insurance on your home from the bank? Do you know you are not getting a discount for being a non-smoker? Check my short video to see 3 ways your bank mortgage insurance may not be the best deal for you. Click Here to get 7 Reasons to Ditch…
The idea of starting a business in retirement may be novel to some, but is gaining more popularity, and the average age of business owners starting a new business has been increasing because of retired people getting into the game. The main reason to look at starting a business in retirement may be the extra…
How Much do I Need to Save for Retirement? This is a Retirement Planning video that goes along with my complete article on Retirement Planing and How Much to Save for Retirement at https://businesstowealth.ca/retirement-plans-how-much-to-save-for-retirement/. Business to Wealth is my blog to help Business Owners turn their enterprise into the lifestyle they are…