Using whole life insurance for tax-free income in retirement
Borrowing against a policy’s cash value can provide tax-free income. But there are still costs involved and other factors...
Life Insurance
Should you buy life insurance to pay for tax owed upon death?
When you die, capital gains tax might apply to some of your assets. Can life insurance help shelter your...
RBC’s takeover of HSBC: What will happen to HSBC Canada customers?
HSBC Canada bank accounts, credit cards, mortgages and investments are moving to RBC. What steps should HSBC customers take...
Divorce and life insurance: How to make sure your family stays protected
If you’re going through a divorce, you have many financial decisions to make, including how to update your life...
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Three reasons to have a will and estate plan
Creating a will and estate plan may not be the most romantic gesture, but it’s an essential demonstration of...
Should seniors cancel their life insurance policies?
At what point do we no longer need life insurance? You will find the answer by going back to...
Infinite banking in Canada: Should you borrow from your life insurance policy?
The “Infinite Banking Concept” is gaining popularity with Canadian retirees—but it’s not right for everyone. Here’s how this leverage...
How to plan for retirement for Canadians: A review of Four Steps to a Worry-Free Retirement course
Just in time for Canadian Financial Literacy Month in November, Four Steps to a Worry-Free Retirement course by Kyle...
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Critical illness and disability insurance in Canada
If you became ill or injured, how long could you keep paying for household costs, including your mortgage? Here’s...