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View Poll Results: At what age do you plan to retire?
65 or over 3 2.26%
63 or 64 2 1.50%
62 (i.e. as soon as eligible for Social Security Early Retirement) 5 3.76%
59, 60 or 61 18 13.53%
56, 57 or 58 25 18.80%
53, 54 or 55 34 25.56%
50, 51 or 52 16 12.03%
Over 45 but under 50 18 13.53%
Over 40 but under 45 4 3.01%
Under 40 8 6.02%
Other determining factors 0 0%
Voters: 133. You may not vote on this poll

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Old 07-07-2010, 05:19 PM   #41
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I took a look at the article. It may be helpful to Americans, but I don't think that it has much, if any, application to Canadians.

Specifically, the article suggests that "the tax rate on qualified dividends is now equal to the tax rate on net long-term capital gains". That is not generally correct in Canada, where the marginal tax rate for dividends eligible for the enhanced dividend tax credit is almost always lower than the marginal tax rate for capital gains.
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Old 07-07-2010, 10:31 PM   #42
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Quote:
Originally Posted by Milton View Post
I took a look at the article. It may be helpful to Americans, but I don't think that it has much, if any, application to Canadians.

Specifically, the article suggests that "the tax rate on qualified dividends is now equal to the tax rate on net long-term capital gains". That is not generally correct in Canada, where the marginal tax rate for dividends eligible for the enhanced dividend tax credit is almost always lower than the marginal tax rate for capital gains.
Sorry. Didn't realize you were a fellow Canuck. All my eggs are in a US basket...

Tax treatment could definitely affect favouring one strategy over another, still the issues of increasing risk when chasing high yield bonds and high dividend paying stocks still apply.

DD
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