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Planning for retirement

Whether you’re only thinking about it or are already retired, good retirement planning is what it takes to succeed. Together with our advisors, you can create a strategy and set the stage to enjoy your golden years. We’ll tailor our solutions to fit your lifestyle, habits and aspirations.

87%

DEVELOPERS

70%

DESIGNERS

75%

LEADERSHIP

When do you need insurance?

Since no one’s circumstances are the same, their insurance protection shouldn’t be either. Generally speaking, insurance is a good idea if someone depends on you financially. 

Life insurance

Use it to help protect yourself and the people that you love and, in some cases, grow your wealth.

Affordable for short term

Term life insurance can be cheaper than a cup of coffee a day and provides coverage for a set period of time. It’s a great solution to cover expenses that have an expiry date, like a mortgage.

Coverage for life

With permanent insurance, you pay your premiums and have coverage for life. It also includes a savings component that you can access while you’re alive.

Every retirement plan is different. We can help you discover yours.

Maybe it’s of days with no fixed schedules, free for you to fill with things that bring you joy. Maybe you see all the places you’ll visit when you finally have the time. What if there was a chance to achieve some of your post-retirement life goals today?

Changing your view on retirement might help you realize your dreams sooner. Instead of looking at retirement as a permanent state, what if you could taste the freedom of retirement while you’re still working? Or better still, what if you could retire earlier in a way that’s fulfilling and financially practical?

01

Seasonal work

 Instead of working all year, consider jobs that are seasonal

02

Part-time work

If you’re looking to slow down and want more room in your day or week

03

Self employment

Starting a business allows you to not only be your own boss but could also help you give a job to others

04

Mini retirement

Finally, if you want the flavour of retirement itself, you can opt for a mini retirement

Mobirise

Find New Ideas

Build skills over and above what your job needs – make use of any career development options given at your current job

Digital Analysis

If you’re serious about saying goodbye to working life sooner, you need a clear roadmap. Here are a few tips to help you start:

Marketing Research

 This can come in handy if you take up the role of consultant when you step out of the 9-5 grind.

Brand Creating

Boost retirement income – have other income options while you’re working. It could be a second job or even rental income.

Product Release

Early retirement is often connected to thriftiness. While you may need to lower your expenses to fit your new life

PURCHASE YOUR CANADA LIFE INSURANCE PLAN

Basic Plan

$250

Yearly Package

  • Work all over .the World
  • Client support 24/7
  • Insurance covers COVID -19
  • Get insurance policy online
  • No hidden restrictions in medical services
Premium Plan

$1.200

2 Years Package

  • Work all over .the World
  • Client support 24/7
  • Insurance covers COVID -19
  • Get insurance policy online
  • No hidden restrictions in medical services
Ultra Plan

$2.899

3 Years Package

  • Work all over .the World
  • Client support 24/7
  • Insurance covers COVID -19
  • Get insurance policy online
  • No hidden restrictions in medical services

How to manage a downturn in the market

Investment risk management 101

Know your risk tolerance

The first step in managing investment risk is understanding your risk tolerance. Two factors work together to determine your risk tolerance – your willingness and ability to take risk.

Computer Vision

Risk tolerance comes down to your psychological makeup and preferences and your real-world financial situation. If you’re willing to take risk, but can’t recover from market drops, you could run into real challenges.
An advisor can help you determine your risk tolerance and investment personality.  

Create an investment plan and stick to it

Your advisor can help you build an investment plan based on your investing goals and your risk tolerance. Once you have a plan you can review it regularly and update it as your life and goals change. 

Focus on the long run

Market volatility is part of normal and healthy market behaviour. Dramatic moves in the market can make you question your investment plan. However, when the market falls, history shows eventually it comes back even stronger. Keeping focus on your long-term investment goals can help quiet media noise and help prevent you from making choices that don’t follow your plans.

Asset allocation and diversification

Diversification is a core technique for reducing risk. It means holding a variety of investments to help lower your worry if 1 investment falls in value. It’s also important to choose an asset allocation that makes sense for your financial situation and goals. Some factors include your age, what kind of returns you need (and when) and how much risk you can handle.

Dollar-cost averaging

With dollar-cost averaging, you invest the same amount of money on a regular basis, regardless of the price of the investment. Over time, investing this way can lower your average cost per unit — compared to what you’d have paid if you'd bought all your units at the same time when they were more expensive than the average.
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