You worked hard for your money. You’re earning well, building something real, and you’ve got surplus cash. So why does it feel like the wealth isn’t quite accumulating the way it should? In this session, I walk through the five patterns I see over and over again with high-income Canadians — real estate investors, developers, physicians, and business owners — who are quietly bleeding wealth in ways they don’t even see. The biggest mistakes high-income Canadians make with surplus cash? I call them The Five Wealth Drains:
- The Idle Drain
- The Tax Drain
- The Concentration Drain
- The Lifestyle Drain
- The Legacy Drain
Watch the recording below, and be honest with yourself about how many apply to you. If the answer is yes— which it usually is — let’s talk.
Resources
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Remember – circumstances are unique! This information is summary in nature. Seek out advice from your tax advisor about your specific situation.