There are many misconceptions about life insurance – who it’s for, and who can afford it are some of the more common. 50% of Millennials guessed the yearly cost of $250,00 term life insurance policy for a healthy 30-year-old would run at $1,000 or more yearly when it is actually closer to $160.00 per year for a 10-year-term. Source: LIMRA Other post...Read More
When people move out of their home, it is usually after they have tried remaining at home – at times with assisted living care – and have reached a point where this solution no longer works. In some cases, home care lasts only for a limited time due to changes in the senior’s health condition...Read More
One of the questions we get the most about retirement planning is, “when is the best time to take CPP”? As people enter the retirement phase of their lives, they switch from saving money to making decisions about when and what type of income to receive....Read More
The COVID-19 pandemic has halted life as we know it. You can’t go about your daily routine anymore. It is difficult to touch base with family and friends Like many people, when you get ill or hurt you schedule a checkup with your health care provider. It usually includes a health history, physical exam and...Read More
The past three months have been stressful for everyone. The many uncertainties surrounding COVID-19 along with, at times, conflicting reports can take an emotional toll. We are still in the midst of a global pandemic though certain areas have started to cautiously reopen. Numerous variables are still unknown like how prepared we are for a...Read More
Your savings, possessions and property form your estate. Estate planning allows you to decide in advance who receives what, and to establish a financial plan to minimize taxes upon your death. An important part of estate planning includes funeral and burial instructions and your wishes regarding medical interventions. Estate planning is the best strategy to...Read More
Many seniors and others in need do not feel ready to leave their home for an institutional setting but do need support to remain at home. Trying to follow their wishes and choose the least restrictive approach first is advisable. However, family members must be realistic about their loved ones’ abilities and should assess their...Read More
Downsizing or rightsizing is a process that many face due to relocation, health restrictions, lifestyle change, or daily needs. Whether you are moving from a suburban home to a city apartment or lately became an empty nester, the challenge of giving up some of your cherished belongings in order to fit into a new, smaller,...Read More
We would like to share some reflections and big-picture lessons from 2019 to help stay on target in the New Year. Stick to the Balanced Portfolio Philosophy One of the main reasons our clients know they can trust us is because we stick to our Balanced Portfolio Philosophy. Our Wealth Management Advisors apply this...Read More
A checklist to help everyone, retired or saving for retirement, get the most out of tax credits, deductions, and benefits and keep important dates in mind. TFSA Limit 2020 The advantage of a TFSA is that you will pay no taxes on the interest, dividends or capital gains when you withdraw from the plan. The...Read More
