Simple ways to increase your wealth and reduce taxes * 1) Spend less than you earn - you are taxed on your INCOME (16-45%) then you are taxed on your SPENDING (HST 13%). That means you lose 31 to 60% of your gross income to taxes (unless you get help)! 40 years of work at $25,000 a year will result in $1 MILLION DOLLARS gross passing through your hands! How much will you hang on to? Be sure to have money WHEN YOU NEED IT. Live BELOW your means! It also reduces stress and could make you healthier and happier too. Take that money and work it hard - it can't afford to retire! 2) Income split in retirement between you and your spouse to minimize income taxes. That is, ensure that BOTH of you have as close to EQUAL retirement incomes as possible. This has to be worked on YEARS IN ADVANCE for some people, because recent tax law changes only apply to "pension income". Get started now! We have the tools you need. 3) Use tax deferral techniques to allow faster compounding of your savings while delaying, reducing and avoiding tax as long as possible. There are special situations - our planning service will highlight exceptions to this rule where they occur, and advise accordingly. Make use of the new tax free savings account.   4) Get good advice for earning higher returns for the level of risk you can take on. According to the rule of 72: 10% average annual returns doubles your money EVERY 7.2 years (approximately)before taxes in open accounts. 9% takes 8 years to double your money 8% takes 9 years to double your money 7% takes 10+ years to double your money 6% takes 12 years to double your money 5% takes 14+ years to double your money 4% takes 18 years to double your money 3% takes 27 years to double your money 2% takes 36 years to double your money Let us show you HOW to do this, with or without 100% guaranteed safety. 5) Know your options for protection of principal, reliability of earnings, costs, strategy, and taxes. Be careful about being trapped by a dealer (some of whom think they OWN the client), a dealer's proprietary products (any colour as long as its black), or other devices that unduly restrict your freedom of choice with regard to products, dealers, and advisors. Do not let anyone intimidate you - after all, it's your financial future at stake. * Global Maxfin Investments Inc. does not supervise and is not responsible for any activities related to comprehensive Financial Plans or income tax assignments or any products sold through Global Insurance Solutions Inc. as they are not the business of Global Maxfin Investments Inc.