Our Monthly 3-2-1- Newsletter
RESOURCE: What are the 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 Investments, and a combination of these.
Note: the budget proposes increasing the capital gains inclusion rate from 50% to 66.67% for annual gains over $250,000.
RESOURCE: Chapter 5: Protecting Your Family
The following weekend, Sandra and I woke up early on Saturday. The water was still, and the sun was just beginning to burn off the morning haze.
We decided to slip down to the water for a quick swim before the kids woke up. When we reached the dock, we saw Mark and Aunt Lorraine preparing for their Saturday morning ritual dip.
Mark yelled over, “I hope you’re hungry because I’m cooking this morning.”
“I hope you can cook better than you golf!” Sandra shouted back.
RESOURCE: Planning your Wills and Powers of Attorney
A common question we receive is what we should consider when planning our wills and powers of attorney.
If you would like to set a time to discuss any of the above or have any other questions, please use the link below to set a time.
Two Curated Articles!
Protect Yourself Against Theft
Identity theft—the unauthorized use of your information by third parties—involves the collection and use of personal information such as your name, date of birth, address, social insurance number (SIN), and other personal details for criminal purposes.
Protect Yourself Against Identity Theft
CRA and other Scam Alerts
The Canada Revenue Agency (CRA) is regularly made aware of scams impersonating the CRA. Stay up-to-date with the CRA’s scam alert to help avoid scams that may target you.
One of Something Else!
A great podcast that I listen to about health-related issues is the HUBERMAN LAB.
About Andrew Humberman:
Andrew Huberman, Ph.D., is a neuroscientist and tenured professor in the department of neurobiology and by courtesy, psychiatry and behavioral sciences at Stanford School of Medicine. He has made numerous significant contributions to the fields of brain development, brain function and neural plasticity, which is the ability of our nervous system to rewire and learn new behaviors, skills and cognitive functioning.
Work from the Huberman Laboratory at Stanford School of Medicine has been published in top journals including Nature, Science, and Cell and has been featured in TIME, BBC, Scientific American, Discover, and other top media outlets.
Best Regards, Jack
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What To Do Next
Are You on Track with Your Retirement Strategy? FIND OUT TODAY!
For more information, refer to Preserving Wealth: The Next Generation – The definitive guide to protecting, investing, and transferring Wealth by Jack Lumsden, MBA, CFP® or schedule a call with Jack at 905-332-5503
Jack Lumsden is a Financial Advisor with Assante Financial Management Ltd. The opinions expressed are those of the author and not necessarily those of Assante Financial Management Ltd. Please contact him at 905.332.5503 or visit www.jacklumsden.com to discuss your circumstances before acting on the information above.
Insurance products and services are provided through Assante Estate and Insurance Services Inc.
