RYAN DOUGLAS, CFP®
People with comprehensive plans say they feel more on track with their financial goals.
Individuals & Family
We help individuals and families achieve their financial goals.
Business Owners have unique challenges. As business owners, we provide proven solutions that protect your business.
Ryan Douglas, Family Financial Advisor Can Help Secure Your Financial Future
You work hard for your money, so you want to minimize your taxes and avoid risky investments. we get it!
As a family financial advisor, I want you to help you realize your financial dreams! Whether you want to retire early, travel the world, or open your own business, we’re here to help you achieve your goals and learn how your dreams can become a reality.
As Douglas Total Financial Solutions, our goals are:
- To earn your trust! We want you to feel your money is in good hands and that we’re working together to secure your financial future.
- To help you learn more about financial planning. The more you know about financial planning, the more confident you’ll feel about it – and that’s a good thing! We’ll explain to you the different types of investment accounts and investment types you can select from and why they’re a good choice for you.
- To make sure we meet your needs and your risk tolerance. As a family Financial Advisors, we know there’s no “one-size-fits-all” approach to investing. We’ll put together a customized investment plan set up to fit your needs and help you reach your goals.
Whether you’re ready to get started investing or would like to learn more about how to create a financial plan, as Family Financial Advisors, we’re here for you. Contact us to learn more about how we can help you plan for tomorrow – today!
Discover how B.C.’s 2024 Budget introduces a home flipping tax, raises property transfer tax exemptions, and enhances the climate action tax credit. A pivotal shift for homeowners, buyers, and the environment.
When looking to save money in a tax-efficient manner, Tax-Free Savings Accounts (TFSA) and Registered Retirement Savings Plans (RRSP) can offer significant tax benefits. The main difference between the two is that TFSAs are ideal for short-term goals, such as saving for a down payment on a house or a vacation, as its growth is entirely tax-free, while RRSPs are more suitable for long-term goals such as retirement. When comparing deposit differences, TFSAs have a limit of $7,000 for the current year, while RRSPs have a limit of 18% of your pre-tax income from the previous year, with a maximum limit of $31,560. In terms of withdrawals, TFSAs have no conversion requirements and withdrawals are tax-free, while RRSPs must be converted to a Registered Retirement Income Fund (RRIF) at age 71 and withdrawals are taxed as income.
Stay ahead in 2024 with our comprehensive financial calendar! From tax filing to benefit distributions, we guide you through key dates like the $7,000 TFSA contribution and $8,000 First Home Savings Account. Bookmark now for a financially savvy year!