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Home Archive for category "Financial Health Blog" (Page 3)

Financial Health Blog

7 things that affect annuity income

Your annuity income is calculated at the time you buy the annuity. It’s based on a number of factors. The most important ones are your life expectancy and interest rates. If you’re buying a life annuity, the insurance company uses insurance tables to project how long you are likely to live.  Factors that will affectRead More…

 

What is your retirement number?

Here is a neat and easy calculator to determine the amount of money you should have saved by the time you retire in order to maintain your current standard of living, and how much you should have saved by now to ensure that you are on track:  Wealth Target Calculator No need to do intenseRead More…

 

Don’t leave home without it! Best rate and coverage on travel insurance

Travel insurance is one of the most important ways you can protect yourself from financial catastrophe.  We can help you understand travel insurance and get the most appropriate coverage for your age, health status and destination.   As a broker, we deal with many insurance companies and can get you the lowest cost. Our affiliate, SecuriglobeRead More…

 

Invest in commercial real estate

The Canada Life Real Estate Fund is a segregated fund that invests directly in a diverse selection of income-producing Canadian real estate properties. The fund is made up of high-quality commercial and multi-family residential properties, diversified by type and located in Canada’s major cities. Link to the information page on the Canada Life Real EstateRead More…

 

Capturing the Upside, Avoiding the Downside of Performance

A steady investment return of 7% per year generates better long-term results than a 7% annual return with greater volatility, all else being equal.  Newport Private Wealth’s investment approach is designed entirely around the goal of delivering a steady rate of return with lower risk. The slide below shows that the Newport Balanced Fund hasRead More…

 

Two out of five will develop cancer during their lifetimes

Cancer is the leading cause of death in Canada, surpassing cardiovascular disease. Two out of five people will develop cancer during their lifetimes. On average, more than 500 Canadians are diagnosed with cancer every day. In recent years, the survival rate has increased and 62% of people are now expected to survive more than fiveRead More…

 

The Role of Luck in Your Portfolio

By Ben Carlson, A Wealth of Common Sense  – June 1, 2015 In The Success Equation, Michael Mauboussin tells the story of a man in the 1970s who set out to find a lottery ticket ending with the number 48. He bought the ticket he was looking for and ended up winning the lottery usingRead More…

 

Estate Bond: Immediate estate value, tax-efficient investment

An estate bond is a tax-efficient strategy that gives you a large and immediate estate value.  More than that, it’s a wealth accelerator that allows you to pass on assets to your heirs or shareholders, tax-free.  And it can be used to provide tax-free retirement income. The benefits are many An estate bond gives estateRead More…

 

The Insured Annuity: Maximize your lifetime income and leave a legacy

If you want to get a guaranteed income for life at a rate of return that is significantly higher than GICs, and still leave an inheritance behind when you pass away, then the insured annuity is a strategy you should consider. First let me explain how an annuity works: When you establish an annuity, youRead More…