Life constantly changes and Wise Financial Group has a variety of products that allow you to meet those changes head on. Whether you're looking to buy your dream home, prepare for education costs, save for an early retirement or help pass on assets to future generations we can help tailor a solution.
TFSAs are an amazing tax savings vehicle, but are often used in a manner where most people are not taking advantage of its full benefits. As well in many cases it can also be a useful tool in assisting with retirement planning. TFSAs have lots of choice when it comes to investments that can be held in them. Contact us today to see all the choices that are available and how to optimize these accounts.
RRSPs are becoming even more important these days as less of the workforce has access to pensions or group RRSPs through their employers. Did you know that there are options for individuals to opt into RRSPs plans that will provide a guaranteed income for life, while still allowing you to participate in market growth. Now you can have the best of both worlds, higher returns during market rallies, and downside protection during market downturns. Or maybe you prefer to invest in a plan where your initial investment is guaranteed. For clients that are not as concerned about guarantees we do have also have low fee option accounts available as well.
Concerned about outliving your savings or want a guaranteed income for life check out this video:
With the costs of post secondary education constantly rising, this is one of the best gifts you can give to your own child, or children in your family. Parents, grandparents and even aunts and uncles can open these accounts for a child in their family. As well there are a number of unique options available. Did you know that there is even a plan available that provides an additional 15% on all monthly deposits in addition to your 20% CESG grant received by the government if you start it before the child is age 4 and commit at least $25/mt to the plan up to their age 17. That means you get 35% on every dollar invested. All of the RESPs plans that we use insure that the money is received by the family setting it up, so that even if the child does not pursue post secondary education, the money can be transferred to a sibling or the subscribers can withdraw the contributions without tax implications or invest the funds minus the grants into their own RRSP if they have contribution room.
Have you done an amazing job with your RRSP and TFSAs and now need another investment alternative, or maybe you have a Corporation with some investable assets. Let us show you how you can utilize Non-Registered investment accounts to assist with your financial goals.
Are you a professional with your own professional corporation, please contact us today to see how a permanent life insurance program that you pay into for a limited time through your corporation can actually help you supplement your retirement earnings, pass wealth to future generations, or be used to assist with tax liabilities upon death.