During the last market downturn, retirees who had all their assets in equities saw their nest egg shrink dramatically over a 12 month period.
This is an absolute nightmare scenario for a retiree, and unfortunately, it was a reality for too many hard-working people.
As a general rule, it is unwise for a retired to have 100% of their assets in equities at any time. But figuring out what that percentage should be takes a lot of personal investigation into each person’s risk tolerance and investment objectives.
Can you generate sufficient income without drawing down on your principal? What is the best way to generate income without taking excessive risks?
Even the best captains have an entire crew to help them run the ship. Your financial adviser can be your first mate, peering through the binoculars to scan the horizon for obstacles that can sink the ship.
Today there are thousands of mutual fund available across Canada. In order to assist our clients with creating quality portfolios, we use…
RRIF
A Registered Retirement Income Fund is an investment plan, established in accordance with Government of Canada requirements, into….
GIC
Guaranteed Investment Certificates are issued in your name and can’t be sold except to the institution that issued them. You agree…
LIF
A Life Income Fund (LIF) is a retirement income plan using locked-in pension money and the owner of the LIF can control the…
TFSA
A Tax-Free Savings Account is a registered savings account that allows taxpayers to earn investment income tax-free inside…
LIRA
The Locked-In Retirement Account (LIRA) and Locked-In Retirement Savings Plan (LRSP) enable you, as an employee to maintain…
Segregated Funds
Guaranteed Investment Funds (also known as “Segregated Funds” or “Individual Variable Insurance Contract”) are basically enhanced…
Annuities
Annuities are one of the simplest investment vehicles one could acquire. Simply put, when you establish an annuity, you are purchasing…
About Us
We serve individuals, families and businesses in the Abbotsford area. Our primary goal is to help each client meet their unique financial goals. We are never satisfied until you are.
