We’re always on the lookout for other professionals that we genuinely believe will benefit our friends and clients. David Navarro is one of those professionals. David has an upcoming seminar he wanted to share about particularly for those considering downsizing.
Many of our clients are approaching retirement and part of that equation is often downsizing their home and investing the proceeds to help fund their retirement. This can be a viable scenario, but it often comes with a tax problem – namely, the proceeds of the sale can far exceed your RRSP and TFSA limits, so your new nest egg is exposed to significant taxation. You need a strategy to grow and withdraw this money in the most tax-efficient way possible.
Our friends at Navarro Financial Group specialize in the tax-smart investing of large lump sums, particularly for downsizers. By choosing the right investment products and making an optimal income plan, they help downsizers get the most out of the proceeds from their sale.
They have two free webinars coming up for downsizers and prospective downsizers. They also do free consultations. If you’re considering downsizing, we recommend you CLICK HERE to learn more.