Ten retirement myths series: Myth #5

Ten retirement myths series: Myth #5

The myth of never touching your capital starts when people are working and saving for retirement. Some become conscientious savers, never touching their nest egg. That mentality spills over into retirement. Changing habits can be hard. Retirement myth #5: Never touch your capital. Conventional thinking and approaches often work on keeping your assets intact during retirement. […]

Remember, You can’t get life insurance once you need it.

Remember, You can’t get life insurance once you need it.

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School of Thought

School of Thought

Being aware of cognitive biases can help us make better investment decisions. Every day, we make thousands of decisions; some put that number as high as 35,000.[1] The vast majority are routine and without especially big consequences – but then there are the ones that matter a lot more. Choices about investments generally fall into the […]

Why stay invested (even in a down market)?

Why stay invested (even in a down market)?

The following graph shows the rolling returns (returns over X consecutive years) for 1, 5, 10 and 20 years. The green lines are positive returns and the red are negative returns. Each consecutive line shows more green lines and fewer red lines thus showing that the longer you stayed invested, the better chance of positive […]

Age, Gender and Retirement Perspectives

Age, Gender and Retirement Perspectives

Do you think that retirement for you and future generations will be significantly different than it is for current retirees? If you say, “yes”, you’re not alone. Most consumers anticipate meaningful differences. Thoughts, expectations, confidence and planning do differ when considering age and gender. Here are some recent findings shared with permission from the LIMRA […]

Insurance made easy

Insurance made easy

Getting the protection you need is faster and simpler than ever before. When thinking about getting a financial plan in order, many people tend to focus on investments, bank account balances, or paying down debt. Insurance protection can sometimes get put on the back burner, often because of misconceptions: it’s not fun to think about, it […]

Which investments can reduce your tax bill?

Which investments can reduce your tax bill?

Taxes may be inescapable, but your choice of investments can have a huge impact on how much tax you pay. It all depends on your personal situation and how you structure your investment portfolio. 3 types of investment income and how they work A basic investment portfolio can generate three types of income: Interest income. […]

QUEBEC 2019 FINANCIAL FACTS

QUEBEC 2019 FINANCIAL FACTS

3 ways to pay off your mortgage faster

3 ways to pay off your mortgage faster

By Deanne Gage Think your mortgage will be part of your life for decades to come? It doesn’t have to be. Here are three strategies to shorten your route to mortgage freedom. Stretching out your mortgage over as long a period as possible may keep your payments down and help your short-term cash flow. But […]

Estate planning in the cyber age‌‌‌‌‌‌‌‌‌

Estate planning in the cyber age‌‌‌‌‌‌‌‌‌

WITH MORE AND MORE CANADIANS conducting their daily business online – from banking and business meetings to shopping and hailing a cab – it should be no surprise that digital assets are increasing. According to Deloitte Canada, the average Canadian has $1,000 to $2,000 in value stored online.1 Deloitte estimates that by 2020, the average […]

Universal life – Protection for today and into the future

Universal life – Protection for today and into the future

If you’re like most people, you will purchase life insurance to protect your family if something unexpected were to happen to you. And, of course, that’s exactly what life insurance is for. But did you know that a universal life (UL) insurance policy includes a savings component along with your protection plan? When it comes […]

Happy Holidays and Happy New Year!

Happy Holidays and Happy New Year!

Wishing You and Your Family a Happy a Healthy Holiday and a Prosperous New Year!!  

Where do I Start With Retirement Income Planning – copy

Where do I Start With Retirement Income Planning – copy

Laying a sound foundation for retirement income involves careful planning. Where do you start? In this segment of Life & Money Matters Peter shares eight simple steps to help you get started on your retirement future. Transcript: Where do I Start With Retirement Income Planning Life & Money Matters

Four Retirement Questions for Retirees – copy

Four Retirement Questions for Retirees – copy

Market volatility and increasing expenses can have many retirees concerned whether their retirement income will last as long as they live. In this video segment, Peter discusses four key retirement questions you should consider to help plan for the unexpected. Transcript: Four Retirement Questions for Retirees Life & Money Matters: Four Retirement Questions for Retirees […]

What does the 2017 Federal budget mean for you?

What does the 2017 Federal budget mean for you?

The new Liberal government announced changes in their budget in March, 2017 that affect your personal finances. PDF Version

Manulife Solutions – Winter Edition 2016/2017

Manulife Solutions – Winter Edition 2016/2017

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Life Insurance Mistakes to Avoid

Life Insurance Mistakes to Avoid

by ALLISON BARTON Empire Life Insuring with Care Blog There is no question that confusion exists when it comes to the topic of life insurance, and where there is confusion, mistakes can happen. So, to help you learn from other’s experiences, here are some common life insurance mistakes to avoid before, during and after you make […]

How to look your best during your paramedical exam

How to look your best during your paramedical exam

Just as you would spruce yourself up for a family photo, these tips can help make the picture you present to the underwriter the best possible. Get a good night’s rest before the exam Do not do any heavy exercise 24 hours before the exam Do not consume any form of alcohol for at least 48 […]

Shared Ownership or Split Dollar Critical Illness

Shared Ownership or Split Dollar Critical Illness

Shared Ownership refers to a concept where more than one party owns an interest in an insurance policy.  The most common of these arrangements is with cash value life insurance where one party (usually a corporation), owns and is beneficiary of the life insurance and an individual (shareholder or employee) owns the cash value of […]

Planning for retirement? Expect the unexpected

Planning for retirement? Expect the unexpected

By Kevin Press, BrighterLife.ca More than half of Canadians 50 and older report that their retirement plan has been upset by an unforeseen event. Often, it’s a health matter. New research sponsored by the Ontario Securities Commission (OSC) confirms a key retirement planning insight we’ve reported to you in the past. In a survey of […]

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