BACK TO SCHOOL!!
Hi, ! It’s the long weekend!
Get out there and enjoy the last long weekend of the summer… but after you check out this week’s newsletter!
I feel like this summer has flown by and most people I’ve been talking to recently have been expressing the same sentiment. I’m not sure if it’s weather, post-COVID, or something else, but it sure has gone by quickly!
The September long weekend is always the precursor to back to school for elementary and high school students. As parents we’re able to get back to more of a routine and this is typically a time when we start refocusing on our financial situation.
This week we have a look at your financial plan, but not the one we typically look at. Planning to make sure you have enough to retire comfortably is one side of the equation (and we’re really good at that), but the side that gets neglected is the personal plan. We have seen people who are doing retirement well, and some who struggle to find a new identity in the post-work world. Believe it or not, there is only so much golf or pickleball you can play!
With school starting back up, we look to how to fund post-secondary education and some of the issues that might arise when trying to take that money out to actually pay for it. RESPs can be a great program to help your child or grandchild pay for a very expensive part of their education, but like most government programs, it’s very complicated.
And sticking with back to school, I have a look at a few interesting facts about school and it’s origins.
Check out these stories by clicking the pics above or use these direct links to access the content as a , Video, or . You can always check out past episodes if you happened to miss a week.
Have an amazing long weekend!
All the best,
Trevor
PS. If there is someone you know who is nearing retirement or have kids and they’re saving for post-secondary school, please feel free to pass this along to them!
