stopping payment of the QPP at 65 saves me about 4000.00 per year that i put into investments as well as collecting the qpp. My wife is retired so after income splitting I only pay tax on half the money.

Best explanation on youtube for QPP Thank you Mr Guay

You're great Peter, appreciate your explanation

We want the NICER 837PC SOP arbiter validation triple title security Goldberg Whoopi Bird Grantor Trust Crime interdiction administration to avoid this mess.

Is he telling us to give our kids our tax problem?

Hi Peter, when the fam. Trust distributes the common shares to the beneficiaries (in this case, the children) upon death of the surviving spouse, are those children eligible for the LTCG exemption? Thx.

Do all securities (Canadian, US, international) grow tax free in an RESP, or only Canadian securities? I'd like to buy index funds in there but I'm concerned about taxes.

Is the private foundation trust the same ?

Good video but super basic. Would love more, maybe a series on Americans in Canada. I am honestly considering just giving up US citizenship not worth it.

U are saying that during work year we have to pay 25 percent of our income per year to government

You are more financially literate than I. But something doesn’t add up to me. Renting leaves you exposed to changing market conditions. Rent can go up. My mortgage stays the same, and is actually a great way, in my mind, to insulate from inflation. Additionally, paying interest reduces your taxable income. Which is huge value to me, since my biggest expense is tax. And finally, I can rent out a room in my home. Mitigating the cost of capital. So idk, it doesn’t seem that simple to me

Awesome video:) ! You explained it so much better than my tax professor !

2:08 Not really, retail investors actually sell out during a downturn rather than holding and waiting for recovery, same with institutional investors because their clients will not be happy. Bad example.

Great discussion

ya..who lives till 70+ years these days?

Hi Peter, If the person starts working in Canada at the age of 40. so what is the best time to retire?

Really insightful video! If I understood correctly, the last surviving spouse will be the one that will have to pay the 2million$ liability that was locked in(from our example) in the year of his or her death?

Thanks for the info Peter.

Hello sir my question is ,"parents normal death like Heart attack are accident "what life insurance i will take sir please tell me sir???

Did Barb sell her company's stock (and hence realized large cap gains) to loan the money to the trust or is there some way to loan Barb's shares without realizing the gains?

Thank you for this succinct summary of family trusts.

Good video Peter.

I missed your videos! So glad you're back.

Welcome back Angelica

3:00 How many "Best" years they will take as sample for "Best Contribution Years"?

Thank you for coming back. Please do more videos like this.

This title is misleading. The question is not even discussed. It's about what kind of insurance, not how much much to buy.

PWL really took up the KZfaq Canada algorithm by storm. The top 3 videos are from you guys.

Hi Peter, as a dual Canada-US citizen living in Canada, what is the best way for me to get bond exposure in my portfolio? Is there a specific investment vehicle I should use to be tax-efficient?

This is amazing, short but really helpful!!!

Why wouldn't you want to leave your family with more money? If I die, I'm going to wish I had even more life insurance

Good day,I'm interested and looking for a job as a nanny... I'm from Philippines a Bachelor of Science in nursing graduate....I have 2 kids and already have 2years experienced of taking care newborn, toddlers....I can assure you that im a good nanny of your newborn or kiddos....looking forward to meet my future nanny job....tnx

Hi in q matter of month I've cancelled 2 life insurance policies how can I find the right one or is there such a thing

I have seen many videos about insurance and how it works in the states. Now I'm planning to take new insurance from WB insurance (www.wbwhite.com/). The information you shared helped me to understand the difference between the termed and the permanent insurances. I hope more videos about insurance and related topics. Thank You.

As i am international student i wanna to know what are things which we should think before taking insurance well i was thinking to buy term insurance for some 20 years may be i dont know exactly sir please help me to find solutions and onw more thing sir i am going to buy this insurance from ivari insurance company

Haloo sir i am student international from india i love your videos from last few days i was thinking about this and i find its true i should have insurance as my parents took loan to send me here in case if something happens with me they will pay that and moreover they could have enough money for their livelihoods

In less than five minutes you have answer existential questions that I had for years. Big thank you!!!!

RESP, I the Canadian parent hold this account but the kids are dual does it have to be reported on the Kids FBAR and U.S. filing?

One more question, Would it be okay to use the TFSA if you can track the gains and report? thanks, good video

So in a U.S. Citizen living in canada can hold canadian stocks rather than FUNDS, that is okay? Or could they buy them on the DOW?

Why is there only sound coming in my left ear?

Hi Peter, I've heard many negative things about permanent life insurance and how it works in the states. The main two things being that you can't access your cash value without taking a loan against it, and when you die the insurance company keeps the cash value account. Does this differ in Canada? I'm from Saskatchewan

Fantastic video! I plan to do just that with all my children's RESP accounts, just give them the CESG and whatever the appreciation on that money is. But I have one question, given the fact that this is essentially money I will save towards my retirement, it obviously would influence my choice of investment I buy. Since my retirement is decades away, would it make sense to buy something like VEQT or VFV? I don't want any bonds for now, and to be honest, even if the investment would drop 30% right before their post-secondary education, it wouldn't make that much of a difference on a $7200 initial investment over this short of a time horizon, and I will get my kids to get a student loan anyways. I would really appreciate your insight, thanks!

Should you borrow to invest ? Noooooo

Hi Peter, I love your content! Keep up the good work on educating people on these important topics! I am a 25 year old woman with no children at the moment, but I have been contemplating on whether to get life insurance now or wait. Also, I have been doing my research on the best life insurance companies in Canada, should I decide to purchase one. Do you have any suggestions on insurance companies I should consider? I want life insurance for myself now, because I don’t want to be a liability to anyone (especially, my family), should anything happen to me.

This is actually a fantastic video. As someone who did early childhood education and was offered a nanny job about 5 years ago you make a lot of key points. I ended up declining the job because the number of children was higher than I was originally told. They were wanting me to be pay under the table which I was not comfortable with and what they were describing as the set up for the children sounded far more like a child care center connected to a business in which case would have set in motion a Cascade of legal realities.

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Hey peter, just found this channel! Would love more videos like this as a dual citizen, especially tips on investing since we should make use of TFSAs. Keep up the content!

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