Do I Really Need Life Insurance?
Here are 9 reasons you should buy life insurance: Replace lost income and guarantee the standard of living for your loved ones should you die too soon. Cover final burial/cremation […]
The Big Four Retirement Planning (Investment) Risk Factors
When doing retirement and financial planning there four investment risk factors one must be aware of and prepare for. Understanding what these are and how to mitigate them will greatly […]
Sequence of Returns and Why they Matter
There are, depending on one’s definition, two or three phases in a person’s financial plan. These are: accumulation preservation decumulation For most of us, we make money, we put it […]
Every Takeoff is Optional, Every Landing is Mandatory (Or why math doesn’t always align with real life) – Part 1
This is post 1 of 2 in the series “Every Landing is Mandatory (Or why math doesn't always align with real life)” Every Takeoff is Optional, Every Landing is Mandatory […]
Volatility vs Risk: Don’t Mix Them Up!
Volatility is not the same as risk. Let me be clear, volatility is not the same as risk. Financial people like to equate the two because it’s easier to sell […]
The Three Core Principles of Investment, Financial, & Benefit Planning
Begin by protecting what you most need and value: Define your “risk of ruin”. Identify the risk of ruin factors. Utilize reasonable risk containment measures. Through appropriate risk transfer planning, […]
What Would You Sell to the Captain of the Titanic? (Or What Is a Good Financial Advisor’s Job Anyway?)
What would you sell to the Captain of the Titanic? Champagne or life boats?
Can’t I Just Make My Child a Joint Owner of My Rental Properties (Or Cottage) And Avoid Capital Gains Tax That Way?
This is one of the most frequent misapprehensions we come across and unfortunately, it is one that is regularly encouraged by well-meaning but misinformed (or occasionally less than scrupulous) accountants, […]
Effectiveness Vs Efficiency in Financial Planning
Order, sequence, precedence, priority. Whatever your discipline, whatever areas you choose to be an expert at, to ensure or maximize the chances of success there is an order of operations. […]
When Not Investing Could Make You More Money than a 6% Average Annual Return
If I told you that with the same principal investment, the same taxes, the same rate of withdrawal, the same accounting and calculation methods, and the same time frame, I […]