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Unicorn Financial Community.

49 members • Free

2 contributions to Unicorn Financial Community.
Retirement
Hi, I will be retiring in August and are paying into a teacher pension as well as a private one. I get tax relief at the higher tax rate for my private pension. Can I get tax relief if I pay in some additional funds? Is there a limit as to how much this can be? Thanks in advance!
0 likes • Feb 27
Once you retire and stop earning, your ability to claim higher-rate tax relief will depend on your taxable income.
Please I need help.
Hi everyone. I have received a 400K settlement. I would love some ideas on how best to invest and reduce taxes. I currently have two investmentproperties with mortgages. And one principal residence with mortgage. I have 100 grand in room in both mine and my husband's tfsa's. What should we put in the tfsa's? Also for the other 200k where should I put it so that it would be best sheltered by taxes. I have a pension so I don't think an rsp is best. My husband could do an rrsp. What mix portfolio? I'd like to do a higher risk. I'd like to retire by 55 which is in about 13 years. Index VFV XIU XQQ Dividend growth... thoughts? TSX:GSY TSX:IMO TSX:POW TSX:BEP.UN (TSX:VDY) TSX:XEI (TSX:CDZ)
3 likes • Feb 22
If you’re aiming for higher risk and growth, a strong equity-focused portfolio makes sense. Your list of ETFs and dividend stocks provides a great mix-consider weighting based on your risk tolerance and sector diversification.
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Harley Flathead
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@harley-flathead-4555
Entrepreneur | Dream Chaser | Lifelong Learner

Active 158d ago
Joined Feb 22, 2025
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