Insights

Learn More About Retirement Planning 

Segregated Funds

What are Segregated Funds?

Many people are familiar with mutual funds as an investment but are not as familiar with segregated funds. Segregated funds are investment funds (like mutual funds) that life insurance companies offer.  How are they similar to mutual funds? The key features that are different from mutual funds: Unique Uses for

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cash now

What To Do with Cash Now

The Bank of Canada has raised its policy rate over 2022, and it is currently 3.75%.  Prior to the interest rate increases this year, there were not many options for your cash reserves. With inflation running at 6.9 % today, you need to earn as much interest as you can on

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checklist year end

2022 Year-End Planning Checklist

The end of the year is a great time to take a quick review of your personal finances to determine if you have any action items prior to December 31.   To help this process below is a checklist that covers events, milestones, taxes, insurance, and retirement plans – areas that

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4 percent rule

4 Things Retirees Should Know About the 4% Rule

When people are looking to make the transition to retirement, they want to know how much they can spend each year without running out of money. The amount of capital you can safely withdraw from your portfolio each year without running out of money has been called the “Safe Withdrawal

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Market Turndown and Recession

What to do during a Market Downturn or Recession

With the market decline this year and a potential recession, people want to know what they should do with their investments and financial plans. You can take the following suggestions and actions to help navigate a market downturn. Key Suggestions Avoid doing anything drastic With a market decline, it can

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Spend the Money
Blog

“Spend the Money”: A Gentle Reminder That Life Is Happening Now

Intro: If you’ve ever felt guilty about spending your own money—even after a lifetime of saving – it turns out, you’re not alone. In a ...
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Ever feel like your financial plan has to be perfect?
Blog

“Why Being ‘Less Wrong’ Might Be the Best Plan”

Ever feel like your financial plan has to be perfect? It doesn’t. In fact, trying to make it perfect can actually hold you back. I ...
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Jack Lumsden can help you retire with confidence
Uncategorized

The Story of Chandler and Monica Retiring with Confidence

How Chandler & Monica Went From “Do We Have Enough?” to Retiring with Confidence Chandler (70) and Monica (73) were in a solid financial position ...
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The Essential Family Conversations You Should Be Having
Blog

The Essential Family Conversations You Should be Having

When the world experienced COVID-19 globally, it brought family planning and care issues to the forefront for many families as concerns for their loved ones ...
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Jack Lumsden can help answer questions on RESPs
Blog

Registered Education Savings Plan (RESP)

My kids are 18 and 20, does setting up a new Registered Education Savings Plan (RESP) still make sense? A new client asked if it ...
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Three articles on retirement income planning
Blog

Three of Our Best Insights for September

Monthly One – Two – Three Newsletter RESOURCE: What is Your Bear Market Plan in Retirement?   Unfortunately, market declines and recessions will happen regularly, ...
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