YourStyle Financial
Retire stress free

Stress-Free Retirement

You’re heading towards the next stage of life where you’re worrying less about your career and more about your future. You’ve been a diligent saver, regularly contributing to your RRSP and amassed a sizable nest egg for retirement. Now it’s time to turn on the tap and start to draw down your savings in a way that results in the least amount of taxation?

That’s where a RRIF (Registered Retirement Income Fund) comes in handy. A RRIF’s purpose is to draw down your savings in a tax efficient manner instead of accumulating them.

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Doug Speaks to Global News Regarding High Interest Rates and the Impact on Older Adults/Seniors

Winnipeg’s housing market is starting to stabilize, but another interest rate hike is making it harder to buy or keep a home. Global News spoke with our very own Doug Buss in regards to how it’s impacting certain demographics.

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Award Winning Financial Planner

Doug Buss in The Free Press Offering Award-Winning Advice

The team at YourStyle Financial is excited to see Doug in the news again. This time the Free Press has highlighted Doug’s extensive career serving clients in Winnipeg.

As Joel Schlesinger states “Then it might come as a surprise that the veteran has only recently received the Distinguished New Advisor of the Year Award, for 2022.”. Anyone who’s even spoken with Doug knows this award acknowledges everything he stands for.

“So while Buss may be an experienced certified financial planner, his most recent accomplishment and the accompanying award speak to the fact he never stops learning.”

Continuous growth and advancement are a point of pride for Doug and the YourStyle team.

Here is the link to the full article and we would love for you to read it. :

If you’d like to experience Doug’s knowledge and experience to determine “What’s Important to You?”, we would love to help you with all of your financial planning needs. Contact us today.

Spring 2022

Spring 2022

Planning Your Lifestyle with YourStyle Financial

Doug Buss interviewed with Richard Rosin about planning your lifestyle with YourStyle Financial. Listen to the explanation of the four phases of planning.

There are 3 Beneficiaries to Your Estate

If you have a will, you have a choice on what you would like to happen with your money once you are gone. We often think of the beneficiaries of our estate as loved ones. But a beneficiary can be any person or entity you choose to leave money or assets to. The top three are:

  1. Family
  2. Charities
  3. CRA

Who do you care most about??

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First Time Home Buyers

Tax Rules for Home Buyers

If you’re one of the many Canadians who dream of home ownership, and you’re working hard to make this goal a reality, you should know that the Canada Revenue Agency has two programs that can help you get there faster.
There is the First Time Home Buyers’ Plan. Because the required down payment on a house purchase can be a stumbling block, the government will actually let you borrow the money to put down on your dream home – from yourself.

Under the rules of this program, you are allowed to take money out of your RRSP to help buy your home – up to $25,000. This money will remain sheltered from tax, so long as you pay it back within 15 years. This is a great way to put your retirement savings to work for you today, without the considerable tax consequences of withdrawing it outright. The only downside is that you won’t be earning interest on your investment, but that might be outweighed by the interest cost saved by using your own money instead of a loan.

Another helping hand for new homeowners from the CRA is the First-Time Home Buyers’ Tax Credit on your tax return. It’s a non-refundable tax credit that can put money in your pocket by reducing the amount of tax you owe for the year in which you buy your house.

Both of these programs are for first-time buyers only, and are designed to help you get yourself into the real estate market. If you have questions about these programs (or any other areas of estate planning or financial management), contact YourStyle Financial Inc. We take the financial stability or our clients very seriously, and can help you get your financial house in order, so you can get into the house you want.

We’re more than an investment company – we tailor financial plans individually, to fit each one of our clients. If you’re thinking about jumping into the real estate market, we can help make sure you do it with both eyes open.

Manulife’s Are you ready? – The Call



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Manulife’s Are you ready? – The Meeting

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