Segregated Funds Benefits

Segregated Funds Benefits

As you know, I’ve helped you manage your risk be it with life insurance, critical illness, or disability insurance. I also have expertise in helping you with your investments and managing risk there too. As an independent insurance advisor, I’m uniquely qualified to offer you segregated funds, which are an investment product with principle guarantees, […]

Intro to Segregated Funds

Intro to Segregated Funds

Investing your money is an effective way to put your money to work and build your wealth. By investing smart, it helps give you more flexibility to earn more on your money, build more security for your retirement, and ultimately give you the chance at achieving your financial goals and dreams. However, investing comes with […]

Enhance Your Charitable Giving Using Life Insurance

Enhance Your Charitable Giving Using Life Insurance

According to Statistic Canada, over $10,000,000,000 was donated from 5,000,000 Canadians to charity in 2019.  All these donations are eligible for a non-refundable tax credit. By using Life Insurance, you can increase your overall charitable donation benefiting a cause that really means something to you. Donating funds to the Canada Revenue Agency through taxation just […]

Are you insuring your most valuable asset?

Are you insuring your most valuable asset?

Ask the average Canadian what their most valuable asset is, and if you are a homeowner, you would likely say your principal residence.  While that is likely true when it comes to something tangible you can buy or sell, it is far from your most valuable asset. Your ability to earn an income is your […]

What is the impact of a critical illness?

What is the impact of a critical illness?

TFSA in a nutshell

TFSA in a nutshell

A Tax-Free Savings Account (TFSA) is a personal savings account that can be used to save for any goal. After-tax money can go into a TFSA, but your investments grow tax-free and you won’t pay any tax on withdrawal.Who should invest in a TFSA?Canadians who have reached the age of majorityGreat for short term, medium-term, […]

Setting your (grand) children up for financial success!

Setting your (grand) children up for financial success!

When building a house, you start with a solid foundation before you start framing the structure.  Below are two ways your child’s (grandchild’s) financial foundation can be set up for success. Option 1A – RESP A Registered Education Savings Plan (RESP) can be part of every family’s financial plan.  The Government will contribute 20% of […]

Have you ever heard of an Immediate Financing Arrangement?

Have you ever heard of an Immediate Financing Arrangement?

Do any of the below resonate with you? I hold traditional investments inside my holding/operating company I am looking to diversify my holdings towards an alternative tax advantaged asset class I want to increase the internal rate of return on my estate plan.  I want to maximize the Capital Dividend Account balance (corporate IFA).  I […]

Protection from a major health event and a little forced savings for your healthy future self

Protection from a major health event and a little forced savings for your healthy future self

Protection from a major health event and a little forced savings for your healthy future self. One of the unique features in the Canadian living benefit insurance market is the ability to receive all your premiums back if you don’t claim on the contract. Did you know? With this product, you get a cheque from […]

2021 Federal Budget @ your fingertips

2021 Federal Budget @ your fingertips

Read more about 2021 Federal Budget @ your fingertips

Generational Wealth Transfer- Using permanent insurance

Generational Wealth Transfer- Using permanent insurance

You already have excess wealth that you plan to pass on to the next two generations. You want them taken care of financially and have likely earmarked a portion of your investment portfolio for them.One issue that arises is that all non-registered investment growth is eroded by taxation. A tax-free permanent insurance policy can make […]

Why/When to own Corporate Owned Permanent Insurance

Why/When to own Corporate Owned Permanent Insurance

When should you consider Participating Whole Life Insurance inside your Corporation? You’re a significant shareholder in a Canadian Controlled Private Corporation Age 40+ and healthy The corporation has excess annual cash flow and/or investment assets not needed for business purposes. Typically, been in business for at least 5 years. Want to maximize your estate and […]

Protecting Your Retirement Income from an Unforeseen Health Risk

Protecting Your Retirement Income from an Unforeseen Health Risk

We know most people will make it to retirement without suffering a major illness but if you are one of the unlucky ones, what happens now? Would you forego 1% of your annual rate of return to eliminate this risk? Sure, you could use your savings or take out a loan to cover the unexpected […]

The Five Big Questions You Need to Ask About Your Workplace Disability Insurance Coverage

The Five Big Questions You Need to Ask About Your Workplace Disability Insurance Coverage

Once you understand the kind of coverage you have in place, and coverage that you may want, you’ll be in a better position to make an informed choice about whether or not to add to your existing coverage. By Alexandra Macqueen, CFP® RBC insurance You need your pay cheque to pay your bills, do your […]

Cap Taxes with an Estate Freeze

Cap Taxes with an Estate Freeze

Ease the tax burden on you, your family and your business with an estate freeze What is an estate freeze? Though the term may sound sophisticated, an estate freeze is a commonly available technique that is used to defer the tax on the future growth of your assets by passing all future growth to the […]

Hey Gen X…let us help you grow and protect your wealth

Hey Gen X…let us help you grow and protect your wealth

Being sandwiched between Boomers and Millennials, you, as a proud Generation Xer might feel like you are the forgotten generation. Although you may be smaller in numbers than your generational counterparts, that doesn’t mean that you’re not mighty. Currently making up 30.7% of the Canadian labour force,1 Gen X has above average household incomes—on average over […]

Ten retirement myths series: Myth #9

Ten retirement myths series: Myth #9

POSTED BY PETER WOUTERS  Things often go wrong or take an unexpected turn even though you carefully planned what you were going to do. Robert Burns’ famous line basically said that the best laid plans of mice and men often go astray. That extends to intentions of staying on the job or finding paid work later […]

What is your most valuable asset?

What is your most valuable asset?

Wouldn’t it make sense to insure your most valuable asset?

Ten retirement myths series: Myth #8

Ten retirement myths series: Myth #8

POSTED BY PETER WOUTERS  At the risk of sounding nitpicky, governments don’t pay for anything. Working Canadians do. Taxpayers do. Taxes are directed to certain areas of need. Growing needs and rising costs means that there isn’t enough public money to go around. That reality is hitting retirees and will hit them harder as time goes on. […]

Ten retirement myths series: Myth #7

Ten retirement myths series: Myth #7

POSTED BY PETER WOUTERS  Some rules of thumb and long held assumptions may work well while you are saving for retirement. Holding on to them when you are spending those savings during retirement, may become toxic to your financial health. The myth is that you’ll have enough money to last through retirement as long as the […]

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