People have been dreaming of early retirement since the days of Freedom 55, but to the FIRE crew, that magic number is closer to 40.

In this new column, we look at how two professionals benefit from working together — and what you can learn

If you're a Canadian living in the U.S. or an American working in Canada, you're bound to run into some financial and tax planning complexities. While the topic can seem daunting, it's important to understand what your responsibilities are and who you can turn to for help. In the video below, we chat with Andrea Thompson, a cross-border planning expert and founder of Modern Cents, an advice-only financial planning firm. Andrea shares valuable insights into navigating these challenges and ensuring financial peace of mind.

How to know whether to hire a tax professional

Some clients may be overwhelmed if advisors roll out a comprehensive plan all at once.

Many are eschewing the traditional life path of getting a job, saving for a mortgage, working until 65 and then retiring in favour of a much more adaptable approach that prioritizes enjoying life and downplays homeownership as a financial priority, while saving a bit for the future.