Westmount Wealth Planning Inc.

Let's Talk CPP. Canada's national pension plan, the CPP, is a cornerstone for retirees in Canada. Gaining a deeper understanding of the pension scheme and its recent enhancements is crucial to your retirement. Mehul interviews Aravind Sithamparapillai and Jason Yee, CFA, P.Eng. for a deep-dive into CPP and the recent enhancements. Apple Podcast: https://lnkd.in/g84_8x2q Spotify: https://lnkd.in/gkKZbf28

Wealth Simplified: Tune Into Canada’s Newest Financial Podcast Cut through the confusion in a world full of financial noise. The Mind Your Money podcast, hosted by Mehul Gandhi, CFP®, CLU®, TEP of Westmount Wealth Planning Inc., brings you straight talk with industry experts to help you make better financial decisions. Learn the strategies and principles used by the top minds in their industry, delivered in a way anyone can understand.  Subscribe here: https://lnkd.in/gd6jDUXR

Unlock Financial Clarity with the Mind Your Money Podcast Do you have questions about charitable donations and taxes, retirement planning, or navigating financial markets? You’re not alone. Join us on the 'Mind Your Money' podcast, where host Mehul Gandhi, CFP®, CLU®, TEP, a seasoned Estate Planning Specialist with Westmount Wealth Planning Inc., sits down with Canada’s top financial minds to simplify complex topics. Don’t miss your chance to gain valuable, real-world insights that could change your financial future! Listen here: https://lnkd.in/gd6jDUXR.

Unpacking Wealth: Introducing the Mind Your Money Podcast We’re excited to announce the launch of the Mind Your Money podcast, hosted by Mehul Gandhi, CFP®, CLU®, TEP of Westmount Wealth Planning Inc. If you want to simplify the complexities of wealth management, retirement planning, insurance, and financial growth, this podcast is for you. Join us as Mehul interviews Canadian wealth and financial experts, breaking the jargon and delivering actionable insights.  Get the podcast here: https://lnkd.in/gmZWKKJA

More Money: Same Problems Is there a certain level of wealth that confidently removes financial concerns in retirement? Not quite. More wealth often means more complexity, more taxes, more maintenance, more advisors, more fees, and overall, more hassle. To learn more, visit our website: https://lnkd.in/gChmefRE #MoneyManagement #Decumulation #WealthManagement #Retirement #RetirementPlanning

The TFSA can be a very powerful tool for wealth generation. Investment income earned inside your TFSA (interest, dividends, and capital gains) does not create an income tax liability.  Gains are truly tax-free. To learn more, visit our website: https://lnkd.in/ga9v-EYp #wealthmanagement #TSFA #financialplanning #investments

Exploring Testamentary Spousal Trusts: Your Gateway to Estate Planning in Canada. A testamentary spousal trust is a legal arrangement established through a will to benefit the settlor's surviving spouse. It provides an alternative to the outright distribution of estate assets, offering certain tax benefits and flexibility for managing complex family dynamics. Read more about Testamentary Spousal Trusts on our website: https://lnkd.in/dH7eSMkV

Life insurance is just one of the various ways Canadians can donate to charitable organizations and receive a donation tax credit. This is accomplished by the donor making the desired charity the owner of the donor's new or existing life insurance policy. Learn more about this topic on our website: https://lnkd.in/ga9v-EYp

No one wants to run out of money during retirement. That is why the most common question we get asked is, “Do I have enough?” Dive into this must-read article to find out how you can ensure a financially stable and worry-free retirement. Don't leave your future to chance—start planning now!

Unveiling the Unique Challenges Women Face in Financial Planning In an ever-evolving world, women take on increasingly vital societal roles, becoming influential decision-makers, entrepreneurs, and leaders in various industries. By 2024 the privately held wealth of Canadian women is estimated to rise from $1.2 trillion to $2.7 trillion, representing 50% of total wealth in Canada. Despite these advancements, gender-specific wealth challenges persist, posing obstacles to financial independence and affluence for Canadian women. In this article, we will review approaches to combat challenges women face on their journey toward financial success.