Wealth

Any time is a good time to get a financial advisor, says Dawn Marchand, vice-president of marketing and direct distribution for CBIA/Lawyers Financial. “I firmly believe everyone could benefit from working with a professional advisor,” Marchand

Try to remember where you were on this day in 2015. You probably can’t. Now think about the view from the best hotel you ever stayed in.

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: 

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

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. 

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.