Financial Checklist To Set You Up For 2025

Get your Retirement Readiness Score 🇨🇦: https://scorecards.evanneufeld.com/re... As the year draws to a close, certified financial planner Evan Neufeld shares nine powerful strategies to enhance your financial health, decrease your tax liabilities, and set yourself up for future success. Whether you're retired, working, or just starting your financial journey, this episode offers valuable insights including a new update relevant for 2024. Topics covered include opening a first home savings account (FHSA), tax loss/gain harvesting, timing TFSA redemptions, charitable giving, RRSP and RESP contributions, RRIF conversions, and the benefits of a registered disability savings plan (RDSP). Tune in to ensure you're on the right financial track as we approach 2025! 00:00 Introduction and Episode Overview 00:50 Opening a First Home Savings Account (FHSA) 02:51 Tax Loss Harvesting 04:15 Capital Gain Harvesting 06:54 Timing Your TFSA Redemptions 08:10 Charitable Giving Strategies 09:59 RRSP Contributions 10:58 RESP Contributions 13:44 RRIF Conversion 16:15 Registered Disability Savings Plan (RDSP) 18:14 Summary and Conclusion