Money Architect

At first, financial planning is all about money and numbers.
But ultimately, it’s about contentment.

Russell J. Sawatsky CFP® Owner | Financial Planner

[Money Architect @MoneyArchFP]

A $1,000,000 #lottery win seems like an easy choice. Take the lump sum, right?
Not necessarily. #Inflation, #longevity, #behaviour, and #risk complicate the decision more than we realize. I walk through the pros and cons in my latest blog post: https://t.co/PiZj0lmghL

[Money Architect @MoneyArchFP]

@MarkMcGrathCFP @OptimizedPort @HML_Compounder @jasonpereira @Luke_Swanson_ Exactly.

[Money Architect @MoneyArchFP]

#Retirement income reform in Canada is not just about demographics and dollars. It is also about moral judgement, responsibility, and policy design for real people. My latest blog post reflects on CPP, OAS, GIS, and dignity in aging. #FinancialPlanning https://t.co/rcb1ypMc6v

[Money Architect @MoneyArchFP]

@AaronHectorCFP We have a daughter born in late December, so she was definitely the youngest or nearly so, in her classes through the years. She did well in school but I wonder if, in your twins scenario, the more common choice would be to delay into the new year.

[Money Architect @MoneyArchFP]

@AaronHectorCFP I appreciate that this is a financial/benefits discussion, but my first thought was about the school age cohort. The child born before midnight will be the youngest in their class, the child born after midnight, the oldest.

[Money Architect @MoneyArchFP]

I don't actually fish... this is an update on my financial planning practice and plans for retirement by the end of 2026. I explain what’s changing and how I’m thinking about continuity and client care. https://t.co/LwV1LcMKjL
#FinancialPlanning #AdviceOnly #MoneyArchitect

[Money Architect @MoneyArchFP]

@JasonWattBCC I’m so sorry to hear this, Jason.

[Money Architect @MoneyArchFP]

@SteveMoneyCoach Going by my recollection of something @benjaminfelix said re: 100% equity portfolio. When markets are down, you withdraw less. Or, to draw on Michael Kitces, IIRC, you forgo your inflation-based increase in withdrawals in years when markets are down. Not sure that would sell.

[Money Architect @MoneyArchFP]

Why do Canadians often use a #cashwedge while American investors rarely mention them? What should you do when you #retire? My latest blog post digs into the differences. https://t.co/Ag3CjuUZ0y #adviceonly #FinancialPlanning #investmentplanning #RetirementPlanning

[Money Architect @MoneyArchFP]

@SteveMoneyCoach Thanks, Steve. I tend to view allocations as matching risk to the time horizon. Short-term needs are addressed via cash holdings. However, there is academic research that suggests holding a 100% equity portfolio throughout one's life! Not sure many retirees could handle that!

[Money Architect @MoneyArchFP]

#RRIF minimum withdrawals have no automatic withholding. My new blog post explains why withholding matters and how to choose an amount that keeps CRA instalments at bay.
#RetirementPlanning #AdviceOnly https://t.co/u7MoMktNxX

[Money Architect @MoneyArchFP]

@BenRabidoux @MichelleRempel My wife and my oldest daughter are foreign-born mothers. Can’t follow you on this. Even if birthright citizenship has its problems, I prefer it remain our practice.

[Money Architect @MoneyArchFP]

@grape_one I’m sorry that has been your experience. If using the Safari browser on an iPhone, the Reader setting improves readability significantly. There may be other settings you adjust.

[Money Architect @MoneyArchFP]

When markets rise sharply, it’s easy to “let your winners run.” But when volatility returns, confidence fades fast. My latest blog post explores how disciplined #rebalancing helps manage #risk and #emotion in #investing.

Read more here: https://t.co/OGM5mErhdT #adviceonly

[Money Architect @MoneyArchFP]

@LoonieDoctor Thanks for your comments. The social media posts are precisely what prompted this blog article. I should have mentioned gold, too, though…

[Money Architect @MoneyArchFP]

Many "index investors" behave like stock pickers, chasing yield, sectors, or the next hot ETF. True index investing is about owning the whole market, not finding the perfect slice of it. Read my latest blog post for more: https://t.co/FAcQCAErHD #adviceonly #FinancialPlanning

[Money Architect @MoneyArchFP]

It looks like CIBC Asset Management is not paying attention to @benjaminfelix or @RationalRemind. They just launched 4 new covered call ETFs. Sigh...

[Money Architect @MoneyArchFP]

A CTV story called it a #ConsumerAlert when a family faced a $660,000 #tax bill.
But this wasn’t a scam or trap; it was the tax rules working as written.
In my latest blog post, I discuss what happened, and what families can do to #plan ahead: https://t.co/wNLGF0Kwos

[Money Architect @MoneyArchFP]

@AaronHectorCFP Just posted on this very article on my blog today. Will show up on social media beginning tomorrow. Good points all, Aaron.