Consult with us for help devising an effective retirement portfolio.
The start of the new year means there are new contribution limits and rates for annual money purchases, defined benefits, registered retirement savings plans, deferred profit-sharing plans, tax-free savings accounts, and pensionable earnings. For your convenience, we have referenced the government of Canada’s new limits for 2019, and we are happy to help you with any questions you have about your BlueRock Wealth portfolio in regards to these updated rates.* *While we make every effort to ensure the correctness of this information, please refer to the Government of Canada’s site for updated rates. These rates are for informational purposes only and are not intended to solicit or replace financial advice.
Financial Planning
Financial Planning
A Breakdown of What Our Financial Advisors Do with Their Time
Most people assume that financial companies spend more time focused on trading online to oversimplify the role of financial advisors, and that advisors spend very little time overall with client files. Despite this assumption, your financial advisor probably spends...
Neal Owen on Market Volatility
By Neal Owen, president and founder Recently there has been more concern than normal with market volatility. It is helpful to remember that volatility is normal, and there are simple things you can do to pursue a better investment experience. Recently, the market has...
BlueRock Wealth Management Federal Budget 2019 Commentary
The Team at Bluerock Wealth Management would like to provide the attached Federal Budget Commentary 2019 for your reading pleasure. It clearly outlines all of the changes moving forward for the year. Although some of the aspects of the budget may not pertain to you or...
Tax Code Changes Part II: How Can You Plan Ahead?
In Part I of our blog series on the new proposed tax code changes for Canadian business owners and farmers, we discussed the implications of the new tax laws on a number of different tax planning strategies. To recap the four major areas where change is expected:...
Mortgage Basics: Your Questions Answered
Whether you are planning to buy your first home, your family is upgrading or downsizing, or you are considering a second mortgage, knowing what to expect from your new home purchase can go a long way towards your decision-making and financial stability. Here are...
Financial Planning is Critical for Your Next Home Purchase
There are several points in life in which financial planning will be a critical step on your journey to success, one of which is the process of buying a home. Whether you are buying your first home or you have bought and sold houses many times during your lifetime,...
For All Your Estate Planning Needs in Collingwood, ON, We’re Here To Help!
Need help with estate planning? Let us guide you through the process! Watch the video to learn more about Nancy's story and how BlueRock Wealth Management's personalized advice and estate planning services can help you attain the financial means to live life to the...
Are Wedding Plans Part of Your Financial Plan?
There’s going to be a wedding! In the midst of all the congratulations, the thought of how much it is going to cost crosses your mind. Will you be able to afford everything that will make this day so special? While many people have a dream wedding in mind, it’s also...
The Corporate Estate Transfer
If you are the owner of a successful company it is likely that you have retained profits or surplus cash in your corporation. If this is the case, chances are also good that this invested surplus is exposed to a high rate of corporate income tax. If this describes...
Canada Pension Plan – Should You Take it Early?
The new rules governing CPP were introduced in 2012 and they take full effect in 2016. The earliest you can take your CPP Pension is age 60, the latest is 70. The standard question regarding CPP remains the same – should I take it early or wait? While you can elect...