Articles & Insights
Financial Post: Managing Wealth  |  16 April 2011

Wealthy need to watch spending

There’s an old financial planning adage that states “your rate of saving is just as important as your rate of return.” Savings, particularly in the early years of wealth building, creates the seed capital that unleashes the magic of compounding. Today, with the Baby Boomers heading into retirement, a more apt adage is “your rate of spending is just as important as your rate of return.” Read more >