top of page
Latest Media Publications
As seen in...
_edited.jpg)
.png)
_edited.jpg)
Do you have the discipline to FIRE?
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.
Partnering like a pro
In this new column, we look at how two professionals benefit from working together — and what you can learn
The ins and outs of cross-border financial planning
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.
Mary, 46, worries that being a renter will hurt her retirement plans. How much should she be concerned?
Mary is 46 and single again. Her son is 13. They live in a rental apartment in British Columbia.
Tax return software makes filing easy, but knowing when to hire a professional is key
How to know whether to hire a tax professional
Comprehensive vs. targeted financial plans – advisors weigh in
Some clients may be overwhelmed if advisors roll out a comprehensive plan all at once.
Why some young people are ‘soft saving’ – and what that means for their future
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.
Budgeting for a cross-country move takes preparation and flexibility
Moving provinces? Here's what you need to know
Helping clients take on the coast FIRE challenge
Advice-only financial planner highlights nuances, complexities from embracing radical retirement philosophy
With lower salaries and less remote work, the job market looks very different: ‘Now probably isn’t the best time to make a leap’
Jerome Jones inside his home in Chatham, Ont., on Oct. 27. Jones is looking for a new job and finding the market slower than previous times.
Case Study: Modern Cents
We had a great conversation with Andrea on her experience using SideDrawer as her client engagement tool for her advice-only practice. Andrea started Modern Cents about a year ago after working on Bay Street, and had to find a tool that addressed a number of her needs - efficiency, security, and client experience.
:format(jpeg)/cloudfront-us-east-1.images.arcpublishing.com/tgam/EXZAOQPJRBELFMDYOGRR2RLULY.JPG)
Can Alan, 53, generate enough dividend income to retire comfortably in seven years?
The Financial Facelift - Alan's long term goal is to increase his investment portfolio so that it generates $65,000 a year in dividends.
Simply Your Money with Andrea from Modern Cents
Andrea has an amazing way of taking complex Money Matters and boiling them down in an easy to understand way. Today we chat with Andrea Thompson of Modern Cents on Navigating Cross-Border Finances and Teaching Your Kids About Money
Beware TFSA pitfalls for non-resident Canadians
In some cases, closing accounts before moving abroad might make sense
3 Canadian Women Share Why—And How—They Retired Early
There has been a 25 percent increase during the pandemic in the number of women in their 50s and 60s leaving the workforce before they had initially planned. Here’s why
The TFSA contribution bump: a mountain or a molehill for financial planning?
Ontario-based financial planner weighs in on how inflation has impacted savings, taxes, and debt for ordinary Canadians
Can Luna, 68, retire next year and keep her home, without having to downsize?
The Financial Facelift
How to quell recession fears with younger clients
Now is also the time to review short-term financial goals with clients, says an advisor.
How To Get Unbiased Financial Advice
In the world of finances, there is almost always quite a large knowledge imbalance between the client and the provider. So how can we try to get unbiased financial advice? How do we know if the person helping us has our best interests in mind, or is just looking to bag a commission, regardless of the impact on our finances?
'Advice-only' advisor targets an underserved market
Andrea Thompson wanted to make financial planning available to “average Canadians.” So, she launched her virtual firm, Modern Cents, this year
bottom of page