Life insurance isn’t an easy thing to talk about. There are probably innumerable things that people would rather do than discuss insurance, such as laundry or dental work. Even those with life insurance told a TD Insurance survey that they think it’s too complicated or…
When you make your Will, you decide what happens to your estate when you die – and nobody else. It becomes the only legally recognized document that ensures that your wishes about who gets what are carried out the way you planned. In a very…
Being a millionaire ain’t what it used to be. A new report by Cap Gemini and the Royal Bank of Canada says the number of people in North Americawith $1 million in investable assets climbed 11.5 per cent to 3.73 million last year. But a…
NB: The federal government has upped the annual TFSA contribution limit by $500 to $5,500 per year starting Jan. 1, 2013. This article first ran in print before the announcement was made. The change means Canadians can soon grow even more of their money tax-free….
It’s hard to stay calm when everyone around you is in a panic and bolder yet to be investing millions in the face of a stock market collapse. That is a long remembered lesson from a few days after the Black Monday stock market crash…
Have a tax-efficient plan: People who become wealthy follow a consistent, purposeful process for thinking about their earning and savings. Cut withholding taxes: Employees should complete the TD1 Personal Tax Credit Return and its sister, Form T1213 Request to reduce tax deductions at source, to…
Comparisons between term life insurance and mortgage life insurance are common. But few if any will show you the real worst case scenarios that show mortgage life insurance to be a huge mistake. Here are the common reasons to buy term life insurance that you’ll…
It’s one of the great mysteries of all time, probably the greatest. No, I’m not talking about how the dinosaurs were killed off, or even how people in the third century B.C. could, with rudimentary equipment and few tools, move tons of rocks into a…
The Financial Post takes a weekly look at tools that will help you make your investment decisions. This week: How life insurance can help improve your investment performance 10 Jan 2013 David Pett TV junkies will surely recall an infamous television commercial that began with…
When reading about life insurance online, it’s common to only deal with the final purchase decision, how much and what type. Those factors need to be treated unemotionally and factually. In the past three articles however we’ve examined what happens before you make the decision…