Wealth Advisor, Financial Planner
Toll Free: 800-465-6437
20 Erb St W, 4th Floor
274 Broadway St
24-280 Guelph St
Asset preservation is an integral component of any financial plan, and there are a variety of insurance strategies that can help you meet this goal throughout your life.
Starting from early in life, insurance strategies can help protect your family’s standard of living in case of an unexpected event, such as a serious illness, long-term disability, or premature death. Insurance can provide steady income or a lump sum payment at a time when it’s needed most. It can also be used as a tool to build tax-efficient wealth, particularly if you’ve already taken full advantage of your Registered Retirement Savings Plan and Registered Pension Plans.
Later in life, insurance strategies can provide supplemental retirement income on a tax-deferred basis, as well as a financial buffer in the event that long-term medical care is required. With proper insurance planning, it is possible to enjoy considerable income throughout your retirement while also preserving the value of your estate for your future heirs.
Finally, when the time comes to transfer your wealth to the next generation, insurance can provide a mechanism to offset taxes and other estate settlement costs that could otherwise significantly diminish your legacy.
Whatever stage of life you are at, Nadine can coordinate with our Estate and Insurance Advisors to recommend insurance solutions that will complement your overall wealth management strategy and provide greater peace of mind.