Young Family

You get home from work, your spouse is tired, and the baby just spilled spaghetti all over the carpet. Your older child got suspended from school for cutting his friend’s hair. After dinner, you can barely think straight.

Who has the time and energy to make critical decisions about their financial life?

Raising the next generation and working to support them is already a tall order. How can you make sure you are on the right track financially when you already have your hands full?

Right now, you are at one of the most difficult stages of your life.

Your peak earning years are usually a decade or more away, and diapers aren’t cheap – neither is that house and white picket fence. Having a baby can cost $9,000 per year. Navigating your family life requires careful budgeting and risk management. You have to save, pay the mortgage, buy insurance, invest for retirement, and hopefully have enough left over to take your family to a sporting event or another fun activity.

At this stage of life, it can be easy to justify avoiding insurance and investing for the future. After all, you are young; retirement is decades away. However, insurance is cheaper the younger you are, and the earlier you start investing, the more compounding returns can work in your favor.

Time is truly golden and the golden years of retirement can only be reached by investing in the time you have now.

Financial Planning

Many people will offer you advice on which investments to buy. But there’s more to your financial life than your RRSP. Estate taxes, income taxes and…

Mortgages

Using an Independent Mortgage Broker can SAVE you thousands of dollars in interest payments. And that’s MONEY you can use for other things. Whether …

Life Insurance

Term life insurance is the most basic of life insurance products in that it has no savings component, and thus no cash value. By the name, it is …

Tax Free Savings Account

The TFSA is a registered savings account that allows taxpayers to earn investment income tax-free inside the account. Contributions to the account are …

Disability Insurance

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Educational Savings

RESPs are registered education savings plans that grow tax-free until the child is ready for university, college or a vocational institute. The student usually pays …

Critical Illness Insurance

A critical illness can happen to anyone. And it does happen to many. Canadians are more likely to experience a critical illness than they are to die …

Will

A will is a written document, properly signed, which: (1) specifies who is to administer the estate (the executor), (2) specifies what is to happen with the …

Insurance products are provided through multiple insurance carriers. Mortgage Insurance products are offered through Kaleidoscope Financial.