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Investments

Importance of Investing

When I was growing up, my parents didn’t educate me about saving money or investing, because truth be known, they didn’t know either. It wasn’t until I had graduated from college and entered the work world with a full time job that I began to think about savings and retirement. What got me thinking about it, was that my employer had a savings plan I could participate in and they had a company paid pension plan. Thank goodness my employer had that in place. I had no idea what all that was about, I just knew I had to participate and I had to make the maximum contribution so my employer would max out on their contribution, it was free money and I was going to be sure I took advantage of it. Over time, I learned more and more about retirement planning and saving for shorter term goals, like buying a house or a car.  If I could change one thing, it would be that I started sooner. 

My mission is to educate as many Canadians as I possibly can about savings and investing. And the earlier I can pass on my knowledge, the better. There are different ways you can save to take advantage of tax shelters and how to diversify your investments to manage the risk level you are comfortable with. Then with a good plan in place, together we can monitor your investment and savings accounts because with any investment strategy, there will be volatility and it’s my job to make sure you don’t make any rash decisions. 

One of the biggest costs in our lifetime is taxes, and there are a number of ways you can minimize taxes while saving for the future, they are: Registered Retirement Savings Plans (RRSP), Registered Educational Savings Plans (RESP) if you have children to plan to attend post secondary school, Tax Free Savings Accounts (TFSA) and finally, Permanent Cash Value Life Insurance.

Your Potential Earnings by Age 65

Critical Illness

A must-have in insurance, critical illness insurance is new to the industry and we are experienced in providing this product. The unfortunate truth is that 48% of Canadians will get some form of cancer. This type of critical illness, along with others, can be insured so that when a critical illness arises, you can have financial peace of mind. Being financially comfortable during a time of critical illness offers the opportunity to focus on your healing journey.

 

Life Insurance

Life insurance is the gift you give your loved ones during times of grief. With the right policy, you are better able to ease the financial pressures of your children, spouse or extended loved ones. Some benefits may include ensuring your children’s post-secondary education is paid or alleviating the tax burdens that may arise when assets are transferred to your loved ones. Ask me about the differences between term, whole life, participating life and universal life insurance products and why you would choose one over the other.

Life Insurance Statistics

Life Insurance Statistics

  • 40% of Canadians do not own Life Insurance
  • Approximately 40 million Canadians under 35 are looking for individual life  insurance
  • 38% of Canadians only have life insurance through their employer
  • 49% of Canadians with dependants have never purchased life insurance
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Protection for Your Loved Ones

 Life insurance is the gift you give your loved ones during times of grief. With the right policy, you are better able to ease the financial pressures of your children, spouse or extended loved ones. Some benefits may include ensuring your children’s post-secondary education is paid or alleviating the tax burdens that may arise when assets are transferred to your loved ones.

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Investment Options

Some of the benefits of investing with an insurance broker, is that your investment has guarantees; is creditor protected and avoids probate fees Guarantees offer peace of mind during times of market volatility such as those we have seen since Covid-19 pandemic,. Creditor protection provides individuals and business owners the ability to protect their investments by ensuring assets transfer directly to your beneficiaries. Protection from probate allows your beneficiaries to receive their proceeds without long waits ensuring there are no other claims against your estate.

Ask us about how you can protect your investments.

My Mission

My mission is to educate and give our clients the best possible service to ensure continued support and product knowledge. Contact Diane today to book an appointment.

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Saturday – Sunday: By appointment

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