Archive for the ‘Retirement’ Category

Once you hit 60, it’s time to take ‘carpe diem’ seriously

December 24, 2015

While life expectancy has increased over the years, the article explains that those increased living years are not necessarily healthy living years. The odds have increased over recent years that most people over 50 will incur a critical illness of some description that will affect the way they live out their remaining years. The author explains that the rise in the risk of death or critical illness as we get older has increased significantly. The upward trend in the risk seems to be related to healthstyle choices that are being made.

Making better health choices, eating properly, exercising, may help to increase your life expectancy and may help to increase the number of years you spend in a disability-free lifestyle after retirement.

Read More

How to turn your life insurance policy into a TFSA on steriods.

October 1, 2015

This article discusses the advantages for high net-worth Canadians of using a Life Insurance policy as part of an investment portfolio to provide higher rates of return and to pay less taxes, especially for those accumulating wealth in their holding company. New legislation coming into effect in January 2017 has the potential to weaken this strategy but any life insurance policies purchased in 2015 and 2016 will not be affected by the new rules.

Read More