Will I Need Long Term Care?
Many mistakenly believe that if they need Long Term Care, either in their home or in a facility, the cost will be covered by provincial health care or other government agencies. While certain programs are available, a large portion of these costs become the responsibility of the patient or their family. John and Ellen, in […]
The Role of Luck in Your Planning
One of the most interesting facets of the financial services industry is how so many people tend to invest their money and plan their financial affairs by chasing trends and doing what is “popular”. For example, many investors like a “sure thing” and will often pile into an investment sector that is hot. As human […]
Advice for Small Business Owners
Similar to the situation of individual Canadians, small business owners must deal with a variety of financial challenges in order to grow their businesses. Besides managing issues like cash flow and assets, small businesses must also think about taxes on income. Without a doubt, tax return filing can be an intimidating experience for many business […]
Should You Prepare Your Own Will?
Earl wants to control the distribution of his estate when he dies and feels that a Will is a good idea. He had heard the ads on radio and TV about do-it-yourself Wills and bought a National Legal Will Kit. The booklet he received a few weeks later contained lots of useful information. There was […]
The Often Unasked Question
With the December market correction in both the US, Canada and elsewhere slowly receding into the past, it is a good time to review what exactly happened and how clients have reacted to the recent events. To put December into context, it was the most severe correction late in the year since the early 1930’s. […]
Starting Out on the Right Track
A wedding day can be a springboard into many new and exciting adventures. With all the excitement leading up to the big day, the new couple routinely focuses so much energy on planning the event that they seldom spend any time discussing other important life issues – like developing a sound financial strategy for the […]
Should You Move in Retirement?
Many people look forward to retiring, and going to live beside a golf course, on the coast, or somewhere else where they have always dreamt of. It’s enticing to think that your leisure time can be spent pursuing activities you have worked and longed for all your life. In fact, whole retirement communities are set […]
As The World Improves
If your way of assessing the state of the world is only through stories gleaned from the regular media, then you are likely missing out on all the marvelous and wondrous advancements of human society over the previous years and decades. With news reports during the final months of 2018 focusing on market volatility and […]
How to Achieve Financial Success
It is possible for just about everybody to achieve financial success. Getting there is usually not a matter of financial wizardry. By following some basic principles, you can make your financial dreams come true: Set Objectives Goal setting is the foundation of achieving financial success. If you don’t have a target to shoot for, how […]
Everyone Needs an Estate Plan
Ralph became concerned about what would happen to his hard-earned estate after seeing what had happened to some people he knew. Vivian had remarried and chose to cut costs by using a do-it-yourself will kit. Because she had not allowed for the obligations set out in her deceased husband’s will, it took years and cost […]