The Importance of Critical Illness Insurance in Retirement Planning

There are a number of obstacles that could potentially de-rail a comfortable retirement. These include marriage breakdown, a stock market crash, and being sued. Another huge obstacle would be the diagnosis of a life threatening critical illness affecting you or your spouse. While it might be difficult to insulate yourself against some of the threats to retirement security, Critical Illness insurance goes a long way to mitigate the financial disaster that could result from a change in health as we approach retirement.

Ontario Budget 2018

The 2018 Ontario budget features a number of new measures and billions of dollars of enhanced spending across the spectrum, as announced by the province’s Finance Minister, Charles Sousa. Read on for some of the key proposals.

Permanent Life Insurance

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All life insurance is designed to provide your loved ones with financial security when you die. When you buy a permanent life insurance policy, both the premium and benefit are typically guaranteed for the rest of your life.

Asset Allocation

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Find out how you can manage risk in your portfolio by selecting a mix of investments to suit your risk tolerance, time horizon and financial goals.

Long Term Care Insurance

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Long-term care insurance provides financial protection for you and your family to help cover the cost of care, if you are unable to care for yourself.

Registered Retirement Savings Plan

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RRSPs are a great way to save for your retirement. A registered retirement savings plan can help you achieve financial stability for later life.

Consolidating your Savings Plan

Consolidating your savings can make managing your investments simpler and less stressful, and may mean more money for your retirement.