Welcome to The RetireRite Blog

What’s going on with the markets?

Over the past few weeks, we've received many calls from clients, all asking the same thing: "What's going on with the markets?" The two major headwinds currently affecting the markets are: Increased interest rates, to offset inflation, which has had a negative effect...

When should I apply for CPP?

One of the most common questions that we get asked is “When is the right time to apply for CPP?” And honestly, there isn’t just one right answer. You should consider your health, family history and mortality, cash flow and other income sources, and your desired...

My Term Insurance from Canada Life

Canada Life introduces My Term insurance - term life insurance to meet your unique needs Traditionally, life insurance companies have offered 10-, 20- and 30-year term products,...
The Benefits of Term Insurance

The Benefits of Term Insurance

How term insurance can be an affordable option to meet your current needs. Term insurance is a great way to get affordable coverage when you need it. You can pick the coverage amount and duration of coverage - for 10, 20 or 30 years, or to age 65. The premiums stay...

Why should you get life insurance?

Why should you get life insurance?

What options do you have to pay for final expenses at death? While it is true that, financially, the life insured won’t ever see the payout of a life insurance policy, the mental and emotional benefits of knowing that you have something in place to protect your family...

A perspective during the Covid19 Pandemic

A perspective during the Covid19 Pandemic

An update from Tony Caron, President and Principal Advisor, RetireRite Financial Strategies Inc. Good Day, We are most definitely going through difficult times trying to deal with the invisible threat of Covid19. It is hard enough to deal with the everyday challenges...

COVID-19 Resources & Support

COVID-19 Resources & Support

We want to help our clients navigate all the information and resources surrounding COVID-19. This is by no means a comprehensive list, but hopefully it will help you find the information you're looking for. For Canadian data about the COVID outbreak and the current...

Personal Health Insurance

Personal Health Insurance

There are a range of personal health insurance products and providers out there. How do you decide which is best for you and your family? Having an employee benefits package is a workplace perk that is highly valued and appreciated. In fact, a 2015 survey showed that...

Financial stress and the impact on mental health

Financial stress and the impact on mental health

Do you worry about paying bills, saving for the future and building up an emergency fund? It could be impacting your mental health. The Government of Canada has released some stats (1) on financial stress and its impacts. 48 % of Canadians are losing sleep because of...

Changing, evolving and becoming stronger than ever

Changing, evolving and becoming stronger than ever

We're excited to share some big changes happening at RetireRite! A few months ago, London Life and Great West Life announced that they would be merging under the Canada Life brand, creating the new Canada Life. This transition to one brand will allow the company to...

What is a Financial Plan?

What is a Financial Plan?

A financial plan is like a roadmap to achieving the financial future you envision. It starts by identifying where you are financially and provides directions for getting to where you want to go. There are many areas that make up your finances: your assets and...

RRSP vs TFSA

RRSP vs TFSA

With so many different options available to us, choosing where to invest your hard earned money can be troublesome. We all know diversity is key for a successful investment portfolio and strategy, and the same holds true for RRSP versus a TFSA; both have important...

Protecting Your Wealth with Insurance

Protecting Your Wealth with Insurance

Your ability to earn income is a valuable asset, and just like you would insure your home or vehicle, it should be protected. As your wealth grows, so does the level of financial risk you inherently take on. The higher your income, the more you have to lose if you...