Wealth

Cash for life. At what cost?

Examining the 4 percent rule

The so-called 4 percent rule has become the popular formula for napkin math when it comes to calculating how long your retirement savings could last. It goes like this:

Would you be in a better financial position if you spent more time managing your finances and less time doing your job? Time is money and there is real value in outsourcing the time to plan, compare alternatives, research options, stay current on tax laws, and execute your financial plan.

3 ways to maximize a cash windfall

It’s not unrealistic for you to ponder the possibility of a modest cash windfall in your lifetime. It could be an unusually large bonus, profit from the sale of your business, or an inheritance.

Spring 2019 Newsletter

Includes: 3 money-saving ideas to discuss with your advisor, NEW! Whole Life Insurance, Travel Insurance, and more...

Spring Cleaning your finances in 5 steps

Spring time is the ideal opportunity to have a chat with your Lawyers Financial Advisor and do a little spring cleaning on your family finances.

Giving while you're living pays multiple dividends

Should you provide financial help to your adult children now or leave them an inheritance later? It’s up to you but giving away some of your wealth while you are still around to see the effects of your generosity can have significant advantages.

Rainy Days in Retirement

Even in retirement, financial 'rainy days' can put pressure on a 'fixed income'. A successful retirement financial plan will include maintaining a fund for the unexpected.

Protecting your most important asset

It’s easy to imagine using an insurance policy for a water leak damaging office equipment or if you back your car into a post and crush your bumper, but a disability insurance claim is an unpleasant and abstract event.

Here’s why a recession is unlikely in 2019

The potential for an economic recession in 2019 has captured the attention of more than a few pundits and journalists. But the smart money is on continued growth, both here in Canada and the U.S.

Valentine’s Day – An Opportunity to Talk Money with Your Loved Ones

February is a month for showing people how much you care about them. So make February the month for a family chat about money and your estate plan. Talking about money is never easy but it does show how much you care about them.

CBIA

Lawyers Financial products and plans are sponsored by The Canadian Bar Insurance Association (CBIA). Lawyers Financial is a trade mark of CBIA.