Oaken Blog

News, information, useful resources and guest writers on a wide variety of topics

By Scott Boyd January 18, 2017

If you intend to contribute to your RSP this year, you still have a few weeks to get in before the deadline of March 1. For the 2016 tax year, you may contribute up to 18% of your 2016 income, to a maximum of $25,370. read more

What Does Canada's Aging Population Mean?

By Scott Boyd December 01, 2016

In late 2015, Canada recorded an ominous milestone. For the first time, there were more Canadians over the age of 65 than under the age of 15 read more

Rental Income To Support Your Retirement

By Scott Boyd October 04, 2016

Earning rental income to supplement other retirement proceeds is an approach that’s been used successfully by many retirees. read more

5 other things that you can do with an RSP

By Scott Boyd August 10, 2016

For those building wealth for retirement, a Registered Savings Plan (RSP) is a tried and true foundation relied upon by many savers. read more

Should you consider a reverse mortgage?

By Scott Boyd June 14, 2016

For those Canadians approaching retirement age, with less than adequate savings in the bank but the good fortune to own a home, temptation has never been greater to consider the much-hyped reverse mortgage. read more

Tax Implications While Selling a Property

By Scott Boyd June 10, 2016

If you’re one of the many Canadians who took advantage of the dramatic decline in U.S. property prices in the wake of the debt crisis a few years back, you’re likely now sitting on a sizable return on your investment. read more

The case for taking CPP before 65

By Scott Boyd May 24, 2016

Following our earlier examination of the Canada Pension Plan and the factors that affect how your benefits are calculated, you may be left wondering if there’s a good argument for starting your CPP benefits before you turn 65. read more