https://www.realty.truewealthadvisors.ca/tag/christian-retirement-planning/ Recent content in christian-retirement-planning on True Wealth Advisors Hugo -- gohugo.io en-ca Fri, 02 May 2025 11:52:18 +0000 https://www.realty.truewealthadvisors.ca/2025/05/which-comes-first-rrsp-tfsa-or-real-estate-equity/ Fri, 02 May 2025 11:52:18 +0000 https://www.realty.truewealthadvisors.ca/2025/05/which-comes-first-rrsp-tfsa-or-real-estate-equity/ Which Comes First: RRSP, TFSA, or Real Estate Equity? A Financial Planner’s Guide to Drawing Income in Retirement You’ve spent years building wealth—inside RRSPs, TFSAs, and real estate. Now the question is: How do you turn it into income for retirement? Many Canadians feel unsure where to start: “Should I withdraw from my RRSP first?” “Is it better to use my TFSA?” “Can I tap into my home equity without selling? https://www.realty.truewealthadvisors.ca/2025/04/the-hidden-tax-implications-of-real-estate-in-retirement/ Fri, 25 Apr 2025 15:40:23 +0000 https://www.realty.truewealthadvisors.ca/2025/04/the-hidden-tax-implications-of-real-estate-in-retirement/ The Hidden Tax Implications of Real Estate in Retirement A Canadian Financial Planner’s Guide to Protecting Wealth and Planning Ahead Real estate is one of the most common ways Canadians build wealth. But as retirement approaches, many overlook one critical truth: Without the right planning, real estate can create a bigger tax bill than expected. As a financial planner, I regularly work with clients who are shocked by: How much tax they owe on the cottage or rental they planned to pass down The effect rental income has on their tax bracket The probate costs of passing property through their estate This post unpacks some of the most common tax pitfalls—and how to avoid them with a solid, faith-aligned strategy. https://www.realty.truewealthadvisors.ca/2025/04/turning-equity-into-impact-how-to-use-real-estate-to-fund-your-giving-goals/ Fri, 18 Apr 2025 17:54:45 +0000 https://www.realty.truewealthadvisors.ca/2025/04/turning-equity-into-impact-how-to-use-real-estate-to-fund-your-giving-goals/ Turning Equity into Impact: How to Use Real Estate to Fund Your Giving Goals A Financial Planner’s Perspective for Purpose-Driven Canadians Many Canadians have built significant wealth through real estate—whether through a primary residence, a cottage, or investment properties. But here’s a question most people never ask: “Could the equity in my property do more than just sit there?” For faith-driven individuals, generosity is a calling—not just a nice-to-have. And as a financial planner, I’ve seen how real estate can become a powerful tool for impact when it’s aligned with your giving goals.