With your children now taking care of themselves, your financial picture begins to change and your insurance begins to take on a different role. Whether it be to leave an inheritance for your children, or to cover estate taxes at death, there is a good chance your current policy rates will jump at the next renewal period. In minutes, we can show you the best options from insurers all across Canada, and help you to determine whether you should keep or replace your existing coverage.
Other important types of coverage include:
Thanks to many years of experience in your career, this is the highest income earning period of your life. We help you to determine your retirement income goal and to pinpoint what you need to add to your portfolio to achieve those goals. We can also help you with more complex modelling of your retirement savings\income that factors in CPP, OAS, company pensions and your RRSP and cash savings.
Investment security becomes key, and the emerging demands of the Baby Boomer generation has created new ways to invest beyond mutual funds that can reduce the layers of management fees, reduce or eliminate public market volatility and increase investor security.
Your investment strategy begins to take on a different persona as you near retirement. Seeking healthy growth becomes secondary as you first want to protect and secure your assets. There is a recent trend set by both baby boomer's and institutional investors that is moving away from stocks, mutual funds and other traditional securities. Recently regulated, the Exempt Market removes the multiple layers of management fees and reconnects the investor to the firm. This simplified model allows the investor to understand the premise of the business and to often meet the key people making the business tick. It also removes the investor largely from the volatility of the markets.
We have a team of CFA's who vet the investments offered by our firm. Their stringent due diligence process allows them to see all aspects of the business and discover all the associated risks.