Retirement Planning

Jun252016

"The dumb money effect... bad timing is at the heart of this."

The UK leaving the

By Rick Tomalty on June 25, 2016 in Financial Advisors , Financial crisis , Financial Decision-making , Investing , Retirement Planning , Saving , Spending behaviours , The Value of Advice with 0 comments

Yesterday, we woke to news that the citizens of the UK have voted to leave the European Union. While polls hinted that the...

Feb182014

Can I retire WHEN I want, to do WHAT I want?!

Retirement Readine

By Rick Tomalty on February 18, 2014 in Budgeting , Financial Advisors , Financial Decision-making , Financial Literacy , Investing , Life Insurance , Pension Plans , Retirement Planning , Saving , The Value of Advice with 0 comments

My memory takes me back a number of years now to a gathering at a pool party in a friend’s backyard. I was part of a group...

Aug282013

Commuting your Pension: An option worth exploring.

Time for a final c

By Rick Tomalty on August 28, 2013 in Commuting your pension , Defined Benefit Pension Plans , Defined Contribution Pension Plans , Financial Advisors , Financial Decision-making , Financial Literacy , Investing , Pension Plans , Retirement Planning , The Value of Advice with 0 comments

I think back to my university sociology classes where we studied demographic graphs until my eyes crossed, and how much more...

Apr012013

Setting your goal is emotional; attaining it calls for logic and discipline.

If the Sock Fits&#

By Rick Tomalty on April 01, 2013 in Budgeting , Financial Advisors , Financial Decision-making , Financial Literacy , Retirement Planning , Saving , Spending behaviours , The Value of Advice with 1 comments

For some reason, I was particularly puzzled that morning. Perhaps it was one too many late-night hockey games, or maybe the...

Mar012013

We're all guilty of it...

It’s Hard no

By Rick Tomalty on March 01, 2013 in Financial Advisors , Financial Decision-making , Financial Literacy , Financial Philosophy , Investing , Life Insurance , Retirement Planning , The Value of Advice with 0 comments

Time for a pop quiz: what do former NBA star Dennis Rodman and North Korean leader Kim Jong-un have in common? Answer:...

Jan312013

RRSPs, as an inheritance, often miss the mark

From Here to Heir:...

By Rick Tomalty on January 31, 2013 in Financial Decision-making , Financial Literacy , Retirement Planning , Spending behaviours with 0 comments

I accepted the recent invitation to submit an article to an emerging online publication entitled Managing your Wealth. The...

Jan242013

Strategic asset allocation accounts for 90% of a portfolio's return.

Tempted to roll th

By Rick Tomalty on January 24, 2013 in Financial Advisors , Financial Decision-making , Financial Literacy , Financial Philosophy , Investing , Retirement Planning , Saving , The Value of Advice with 0 comments

I had just returned from the ice surface to the dressing room, got settled in my place and was starting to remove my hockey gear...

Oct162012

People do measurably better with a financial advisor than without one.

Go Figure…!

By Rick Tomalty on October 16, 2012 in Budgeting , Estate Planning , Financial Advisors , Financial Decision-making , Financial Literacy , Investing , Life Insurance , Retirement Planning , Saving , The Value of Advice with 0 comments

Just today, I woke up to a newscast that informed us of the resignation of a prominent political figure in our area. I suppose...

Sep082012

Financial basics that will help you start and finish strong

A virtual visit to

By Rick Tomalty on September 08, 2012 in Budgeting , Estate Planning , Financial Decision-making , Financial Literacy , Investing , Retirement Planning , The Value of Advice with 0 comments

At least once a week, our family visits the Mecca of consumerism – that bastion of capitalism – Costco. We joke amongst...

Aug232012

Sometimes for better, sometimes for worse. Never for forever.

He SHOOTS…He

By Rick Tomalty on August 23, 2012 in Financial Advisors , Financial Decision-making , Financial Literacy , Financial Philosophy , Investing , Life Insurance , Retirement Planning , Saving , The Value of Advice with 1 comments

My 17 year-old son just went out of his way to make me look bad. Those of you with children – especially children of the...