Retirement can be a big life transition. Many people go into it without being truly prepared for the changes. It is important to do retirement planning before that phase of your life begins. Two main questions: What will your retired lifestyle be?How much do you need...
With all the talk surrounding mental health these days, let us not forget the effects of financial stress.Sometimes we try to avoid stress by burying our heads in the sand, which only allows the stress to grow. The bigger it grows, the harder we work to avoid it. It...
Finances. The complex subject. These are the thoughts of the insurance brokerage Simplified Financial. Our continuing mission to simplify complex financial decisions and find creative solutions. To boldly help the businesses, families, and individuals that want that...
Why are financial reviews important? Financial reviews keep the flow of communication between you and your financial advisor. Financial reviews are important to: Update changes to your account and policy informationAdvise you of new products and services that may...
All right, so you decided to write a will. What a great decision! Nevertheless, you find yourself wondering what to do next. Wonder no longer, here are the next pieces of the puzzle. Designate an Executor An executor facilitates the settlement of an estate. It is his...
Due to the financial strains caused by COVID-19, the Canadian government has implemented a new measure for RRIFs. As of March 25, 2020, the government reduced the required minimum payment a person must withdraw from a RRIF by 25%. Learn more about the new RRIF measure...
