End of Life Decision Making: the Personal/Health Care RA

When you think about end-of-life decision making, what kinds of things come to mind? I bet one of them is the types of medical treatment you want to receive. Most of us have specific ideas whether we want doctors to use extraordinary measures to preserve our lives. What would happen if we were no longer […]

Should you Sell your House for a More Comfortable Retirement?

If you are like a number of Canadians who are at or close to retirement age, a significant portion of your net worth is tied to your home. For many of us, owning our own home is a symbol of success. We remember the first house we bought, the years of forced saving which come […]

How to be Smart About Money in Widowhood

Losing a spouse is considered the most stressful life event that someone can experience. You are not only grieving for the loss of your partner, but you must also come to terms with the fact that your life will never be the same again. You will need to make decisions for yourself and any minor […]

5 Stages of Long Term Care You Need to Know About

When you think about retirement, it’s only natural to focus on having the time to focus on things that give you pleasure after many years of hard work. If you are currently enjoying good health (and long may that continue), it can be difficult to picture the situation changing. In some cases, future health issues […]

Retiring in Debt? Here’s Five Things You Should Know

While ideally you would want to retire completely debt-free, a recent study conducted in by HomEquity Bank in February 2015 discovered that the majority of pre-retired Canadians surveyed (71 percent) reported being about $25,000.00 in debt. After retirement, their debt levels drop to about $20,000.00. Statistics Canada reports a different picture of Canadians retiring in […]

Planning to Remarry? Discuss your Finances First

Are you planning to remarry? Saying, “I do” for the second can be a complicated venture when you are merging households. The longer you and your Intended have lived, the more opportunities each of you have had to accumulate property and debt. Before you make it legal, a visit to your financial advisor is in […]

Thinking of Collecting your CPP Early? Why it Can Make Financial Sense

The decision about when to start collecting your CPP (Canada Pension Plan) benefits is really a personal choice based on your unique needs or wants and your longevity. That being said, you’ll have to take some time to assess your own personal circumstances beforehand to ensure the decision that you make is the right one […]

Going on Vacation this Summer? Update your Travel and Life Insurance First

The Victoria Day weekend marks the unofficial start of summer. Many of us look forward to taking some time off to spend with family and friends. If you are going on vacation this summer, be are to get your travel and insurance needs in order when you make plans for your getaway.

Elder Care Costs: How Much Will I Need to Pay to Stay in My Home?

If you think about the things you cherish the most, what comes to mind? Next to your family, your pets and closest friends, your home is probably near the top of your list. When you think about your senior years, the idea of giving up your home and having to move into a retirement residence […]

Stuck in the Middle of the Sandwich Generation? 5 Tips to Help you Cope

If you’re feeling the strain of caring for aging parents and trying to raise a family of your own, you’re not alone. Being part of the “Sandwich Generation” is something that hundreds of thousands of other people are going through as well. Facing the challenges of offering financial and emotional support to your parents while […]