The new year is a great time to talk about TFSAs! With the start of 2021, it’s a good time to talk about the Tax-Free Savings Account, an important part of your investment portfolio. In 2008, the Canadian Government announced the creation of the Tax-Free Savings...
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...
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...
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...
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...
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...
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...
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...
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...
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...