2026 October Newsletter - Year-End Financial Review: Preparing for the Months Ahead

 

 

Year-End Financial Review: Preparing for the Months Ahead

 

October is a useful time to review your financial picture before year-end, including retirement, family, housing, education, and day-to-day priorities.  A year-end review can help you take stock of your goals, organize key information, and prepare for tax and planning discussions. Each person’s circumstances are different, so any decisions should reflect your objectives and needs.

 

Consider reviewing:

• Savings – Review progress toward your retirement, family, education, and lifestyle goals.
• Spending – Consider whether your current spending reflects your priorities.
• Charitable giving – Review any planned donations and how they align with your personal goals.
• Tax preparation – Organize documents that may be needed for year-end tax discussions.
• Contact information – Confirm your mailing address, email, and phone number are current.

 

You may review Your End-of-Year Wealth and Investment Planning Checklist to learn more.

 

Important Reminder

Please confirm that your mailing address, email, and phone number are current so you can receive statements, tax documents, and other account communications. Contact us if any details have changed.

 

Wealth Perspectives

Here are selected articles and insights. Click here for read more.

 

• Gold shines as oil and global risks climb
  Gold is rallying on shifting rate expectations and pressure in bond markets, but questions remain about whether the move has staying power. Andriy Yastreb, Vice President and Director of Portfolio Research at TD Asset Management, discusses the forces driving gold higher and how geopolitical tensions are adding pressure to global energy markets.
• Potential investing impact of new U.S. tariffs on Canada
  With new U.S. tariffs coming into effect and Canada preparing retaliation, MoneyTalk discusses whether the impact on Canadian markets will be widespread or more muted with Michael O’Brien, Co-Head of Canadian Equity Portfolio Management with TD Asset Management.
• Individual vs. family RESPs: What parents should know
  Many parents open a Registered Education Savings Plan (RESP) when their first child is born. It’s a practical first step toward saving for future education costs. But when a second child arrives, it may be worth revisiting whether the RESP you originally opened is still the best fit for your growing family.
• Taking CPP early? A look at the numbers
  Starting CPP early could boost income sooner, while waiting could increase the amount you receive over time. Georgia Swan, Tax and Estate Planner at TD Wealth, breaks down the numbers. Depending on your other income, it could also affect your tax bracket, she says, so timing, taxes, and your broader retirement plan all play a role. 
• Leaving a Legacy - The 6 Myths of Appointing Guardians for your Minon Children if You Die - A very important aspect of planning for so many of the families we work with, is guardianship of minor and dependent children.  Some great considerations are contained in this article. [See remark]
• Implementing Tax Efficient Strategies - Helping high-net-worth families navigate an intergenerational wealth transfer - Intergenerational wealth transfer has never been so large, nor so complex. High-net-worth families need to give significant consideration to the how and when for wealth transfer. This is where their trusted advisors can have significant impact. This Advisor.ca article provides more insights to the level of importance and can help guide client conversations. [See remark]

 

 

Useful Tips

Use Extra Caution: Phishing Scams and Added Protection
Fraudsters may use emails, texts, phone calls, social media, or fake websites that appear to come from TD. Be cautious of messages asking you to verify investment accounts or personal information through a link. TD Wealth does not ask clients by email to reverify accounts through a link.

To help protect yourself:

• Watch for urgent requests, suspicious sender addresses, unusual links, or messages requesting confidential information.
• Do not click suspicious links or respond to unexpected messages.
• Never share passwords, PINs, account numbers, or security answers through email or text.
• Report phishing attempts to phishing@td.com.
• Consider adding a Trusted Contact Person to your account.
• Learn more by visiting the TD public fraud protection page: Fraud Protection.

 

How to Check Your Tax Documents on WebBroker
Tax documents are available through Documents (eServices) as they are issued. Follow these steps to check for available documents:

• Log in to WebBroker.
• Select Accounts, then choose Documents (eServices) under Account Details.
• Open the Tax Document tab.
• Select the applicable account and tax year.
• Open or download the available PDF tax document.

 

If you would like to discuss your year-end priorities in the context of your broader wealth plan, please contact us to arrange a conversation.

 

Remark: Links to other websites are for convenience only. No endorsement of any third-party products, services or information is expressed or implied by any information, material or content referred to or included on, or linked from or to here.