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All posts tagged financial planning
29
JunTalking to your kids about wealth management
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There’s always an uncomfortable pause when I ask my clients whether they talk to their kids about wealth. Read more
22
JunMaking the most of TFSAs
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Most pharmacists would opt to pay fewer taxes and save more of their money for a rainy day. Read more
15
JunLife insurance can help your business succession planning
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Estate planning ensures that an individual’s or family’s assets are distributed according to their wishes after death. Life insurance is often used as a solution to problems and needs identified in the estate planning process. Read more
15
JunHaving the tough talk with your kids. No, not sex – finance!
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When I speak with established pharmacy owners about what worries them, health, work stress and retirement readiness all make the list. As I help prepare them for succession, another concern often emerges – wanting to ensure their children grow to be happy, productive and successful adults. Read more
01
JunWhat’s TVM…and why should you care?
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Proper financial planning takes time and the help of a good financial planner to determine your current and long-term financial goals. Read more
25
MayHow much is your pharmacy worth?
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Whether you are a pharmacy owner or a potential pharmacy buyer, it is always important to understand what a pharmacy business may be worth. Read more
17
MayPharmacy Finance: Ever thought of investing in a retirement residence?
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An aging Canadian population is fertile ground for seniors’ housing. Read more
27
AprDo you understand the real effects of inflation on your business?
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Pharmacists are not just healthcare providers. Many are also investors. As investors, you need to understand the effects of inflation on your investment portfolio. Here’s an introduction to the world of nominal and real investment rates. Read more
28
JanHow to choose the right financial advisor
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With the holidays behind us and tax remittances and topping up RRSPs on the horizon, many pharmacists may be looking to find a qualified financial advisor who provides the right advice for their situation. Read more
12
JanThe long days and short years to your business exit
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Exiting your business is not unlike having a pilot jump out of an aircraft mid-flight. To say the least, it’s going to give everyone involved a bit of anxiety. Read more
