So much of retirement planning is based on retirement income. Something that many advisors do not talk about with their clients is what retirement life is going to look like. Mehul interviews retirement expert, Susan Latremoille, on the non-financial side of retirement and the work she does to make sure individuals spend their retirement feeling enriched and fulfilled. We hope you enjoy the episode! 

The Alternative Minimum Tax (AMT) has gone through some changes in the last two years. Mehul interviews tax accountant, Yvonne Chu of Journey Tax Solutions to find out how the changes to AMT affect Canadians.
In this episode, we cover what AMT is, why it was originally introduced, and how it has changed from a calculation that rarely applied to one that must be seriously considered by tax payers.

Individual Pension Plans (IPP) have been described as corporate RRSPs or 'Super-Charged' RRSPs. They are essentially defined benefit plans for private corporations and incorporated professionals. IPPs are not very popular, but recent tax changes are giving these retirement savings vehicles more attention. Mehul interviews Navaz Cassam, President of the Alberta-based actuarial firm, GBL Inc. on all things IPPs

In this episode of our Podcast, Westmount Wealth’s Mehul Gandhi is joined by Keaton Bessey, Managing Broker at Greater Vancouver Tenant & Property Management. They discuss the reality of investing in Canadian real estate today.

The only constant in life is change. The percentage of a capital gain that is included as income in the year the gain is realized is currently 50%. As of June 25, 2024, that inclusion rate will increase to 66.67%. Mehul interviews tax lawyer and partner, Rebecca Cynader from Scion Law about the changes to the capital gains inclusions rate, who it affects, what Canadian individuals, companies, and trusts need to be aware of.

Large donations have increased over the years in Canada. Mehul interviews Ian Currie, Regional Development Manager for of Western Canada for Canada Gives, a registered charity that centralizes the process of giving through donor advised funds (DAF). Mehul and Ian discuss the details and benefits of DAFs and how they can simplify the donation process for wealthy Canadian donors.

In this episode of the Mind Your Money Podcast, Mehul Gandhi sits down with Joey Basque, to delve into the essentials of financial planning for retirement. Their discussion focuses on establishing a solid foundation for retirement income planning and highlights vital components that both pre-retirees and retirees must contemplate. Tune in to gain valuable insights and strategies to ensure your financial stability in retirement. Enjoy the episode!

Thousands of individuals and corporations in Canada donate to charities every year. Learn about the tax implications of making charitable donations from Tax lawyer Amanda Doucette.

Having a good financial plan in the event of a critical illness is crucial.