jlumsden@assante.com

The Estate Documents Conversation

When estate planning it is important to have a conversation

Excerpts from the Book – Preserving Wealth – written by Jack Lumsden, MBA, CFP® Living through the COVID-19 Pandemic has made more people review their estate plans and ensure they have what is required. A critical part of this review is to include an Estate Documents Conversation with their family.  The point is, why create […]

Simplifying the Timing of Canada Pension Plan (CPP) for Retirees

Simplifying Timing of CPP for Retirees

One question that arises often among retirees is, “When should we start taking CPP (Canada Pension Plan)?” Is it better to begin receiving benefits as early as possible or defer them longer? Understanding Canada Pension Plan (CPP) The Canada Pension Plan (CPP) is a government pension program that provides lifelong income starting at age 65. […]

Chapter Eight: Who Actually Owns The Inheritance?

Chapter Eight: Who Actually owns the Inheritance?

For your FREE Copy of Preserving Wealth, CLICK HERE The rest of the week was a real scorcher. The temperature was still in the mid-thirties, but there was no wind, not even a breeze. David and Alice were coming up for a week of holidays, so they had planned to get away early on Friday […]

Protecting Your Family – Insurance

Protecting your family with Insurance

Excerpts from the Book – Preserving Wealth – written by Jack Lumsden, MBA, CPA® How much Life Insurance do we need? “ A common rule is the amount of life insurance you need is linked to the amount of capital it would take to: What you have to remember is that you’re not really insuring […]

Chapter 6: Estate Planning – Wills and Powers of Attorney

Estate Planning Wills and Powers of Attorney

For your FREE Copy of Preserving Wealth, CLICK HERE Sandra and I had just finished the dishes on Friday night at the cottage while Sally was playing with Connor and Paige out on the screened-in porch. We were all waiting for David’s family to arrive, and Sandra was a bit nervous because it was already […]

What is a Certified Financial Planner?

What is a Certified Financial Planner?

Managing your finances and investments can be complicated. You may not be comfortable investing on your own. If you need help making decisions about how to manage your finances best, a Certified Financial Planner (CFP®) may be the answer. The CFP® marks after a planner’s name indicate they have achieved and maintain internationally recognized standards […]

What Are the Retirement Income Investment Options? 

Retirement Income Investment Options

As you transition from your working years to retirement or optional work years, creating a cash flow stream from your investments is critical to retirement planning.  There are five main retirement investment options to consider when developing a prudent plan for retirement cash flow: Income Only Investing, Income Focused Investing, Guaranteed Income Products, Total Return […]